44 Pheasant Run Rd
Orwigsburg, PA 17961

CBRE IS PLEASED TO EXCLUSIVELY PRESENT FOR SALE THIS 13,490 PROPERTY located on Pheasant Run Road in Orwigsburg, Pennsylvania. Practice Management Advisors (PMA), a medical billing company, has been operating at this location for 13 years and just recently extended its lease showing commitment to the site. The construction of this building is proprietary to the current tenant, lowering the possibility of the tenant vacating. PMA currently has a double net lease with 5 years remaining. There is one, five year option to renew the lease with a 10% rental increase. The lease is guaranteed by GetixHealth, LLC is a healthcare business process outsourcing services company serving the healthcare provider industry. In February 2015, GetixHealth recapitalized its business with Trivest Partners, a Coral Gables, Florida based private investment firm. Trivest focuses exclusively on partnering with founder/family owned businesses throughout the United States and Canada. This building was built in 2005 and sits on a large 2.76 acre parcel which allows for numerous future redevelopment opportunities if necessary. PMA sits just off Centre Turnpike with traffic counts of 19,000 vehicles per day. The site is surrounded by numerous industrial companies, local businesses and the township office. PMA is just 1 mile from Geisinger Orwigsburg, a medical office offering family medicine, internal medicine, pediatrics and laboratory services. It is also 1 mile from the new, under construction acute care hospital being built by St Luke’s University Health Network and Geisinger. The new 120,000 square foot, 80-bed hospital will include an emergency department and a full range of specialties and services and is planned to open late 2019. There are 1,184 people within 1 mile of the property, 7,453 people within 3 miles and 11,695 people within 5 miles. The average household income is over $89,000 in the 1 mile ring and over $82,000 in the 3 mile ring.