Pocono Medical Buildings offer investors the opportunity to acquire two (2) multi-tenant medical office buildings that are centrally located in East Stroudsburg, Pennsylvania, in eastern Monroe County.

The Properties are well-located, being adjacent to the Lehigh Valley Hospital (LVHN) – Pocono, one of the nation’s most respected health networks, offering care in 95 clinical specialties across 13 hospital campuses. With the buildings shared affiliation with LVHN and campus-adjacent location, patients can be treated for an array of specialties in one (1) convenient location.

The buildings serve a highly populated area, with nearly 600,000 residents in Monroe County, making this location desirable for all the leading health systems in the region to expand their footprint. The buildings are also within a quarter mile from East Stroudsburg University of Pennsylvania, five (5) miles from St. Luke’s Monroe Campus (opening in April of 2024), and 39 miles from Lehigh Valley International Airport (ABE). The Properties are visible along Interstate 80, providing the patients with exceptional regional access, while the also being adjacent to a Walmart Supercenter anchored strip center.

Consisting of approximately 32,916 rentable square feet, the properties feature multiple vacant suites that have been recently renovated. The offering provides a unique value-add opportunity to convert the leases from Full-Service Gross to market rate long-term Triple Net leases with fixed year-over-year annual rent increases. With construction costs having significantly increased over the past several years, the buildings offer investors the ability to acquire existing medical facilities that are extremely well-located adjacent to a major hospital, which serve a densely populated region.