745 Raystown Rd · Everett, PA 15537 · Medical Office
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STRONG CORPORATE GUARANTEE
The lease is corporately guaranteed by Community Medicine Inc., a wholly owned subsidiary of UPMC, one of the largest healthcare providers in Pennsylvania with revenues exceeding $29 billion in 2024.
NEW 10 YEAR LEASE
Brand new 10-year lease with 10% rental increases every 5 years and 1 x 5yr. option to renew.
STATE-OF-THE-ART MEDICAL FACILITY
UPMC made a substantial investment into their newest primary care location in Everett, transforming the building into a modern medical facility equipped with the latest healthcare technology, and reducing the possibility of a vacancy in the future.
OVERSIZED PARCEL
The subject property is situated on a large 2.68-acre parcel that allows for numerous redevelopment opportunities if ever necessary in the future.
COMPLETE GUT RENOVATION
The all-brick subject property was recently converted through a complete gut-renovation from a funeral home to a primary care medical office property, eliminating any deferred maintenance in the near future.
MINIMAL LANDLORD RESPONSIBILITIES
UPMC executed a net lease with minimal landlord responsibilities or expenses creating a passive ownership structure.
EXCELLENT REGIONAL ACCESS
The subject property is highly visible and easily accessible via Raystown Road (PA-26) which has traffic counts over 3,800 VPD. The Everett location is regionally accessible due to proximity to major interstates and highways, specifically U.S. Route 30, I-99, which connects to State College, PA and Penn State University’s main campus, and the PA Turnpike (I-76). This section of the Turnpike sees 36,543 VPD past the city of Everett.
CBRE is pleased to exclusively present for sale the UPMC Primary Care Group building in Everett, Pennsylvania. Its strategic location on 2.68 acres along Raystown Road offers high visibility and easy access, with traffic counts exceeding 3,800 vehicles per day. The property benefits from proximity to major interstates and highways, specifically U.S. Route 30, I-99, which connects to State College, PA and Penn State University’s main campus, and the PA Turnpike (I-76). This section of the Turnpike sees 36,543 VPD past the city of Everett.
The property boasts a strong corporate guarantee from Community Medicine Inc., a UPMC subsidiary, securing a new 10-year lease with 10% rental increases every 5 years and 1 x 5yr. renewal option. Furthermore, the recent complete gut-renovation transformed the building into a state-of-the-art medical facility, minimizing future maintenance costs. With a double-net lease structure, minimal landlord responsibilities, and potential for future redevelopment on the oversized parcel, this investment opportunity offers long-term stability and growth potential in a thriving submarket.
Surrounded by retail amenities, the building enjoys a convenient location near grocery stores, dining options, the Everett Free Library, and Tenley Park. Additionally, national retailers like Dollar General and Family Dollar contribute to the area's convenience, fostering a stable and growing demographic environment. With average household incomes ranging from $72,000 to $76,000 within the 3, 5, and 10-mile radius, and a growing population density, the property is positioned for sustained growth.
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Asking-market observation aggregated from public listing sources, last observed Sep 25, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.