Matthews™ Healthcare Division is pleased to offer the opportunity to acquire a 10,000 square foot single-tenant outpatient medical property leased to Lehigh Valley Physician Group. The lease is backed by a full corporate guarantee from Lehigh Valley Health Network, Inc., a premier health system with over 125 years of operating history. On August 1st, 2024, Lehigh Valley Health Network completed its merger with Jefferson Health, forming a major regional academic health system serving Pennsylvania and New Jersey, creating a system with 32 hospitals, over 700 care sites, and approximately 62,000 employees. Lehigh Valley Health Network now operates as part of the larger Jefferson Health system, whose credit ratings are "A" from S&P Global.

The property is occupied under an absolute net lease that provides for 2.5% annual rental escalators. Under the lease terms, the tenant is responsible for paying all operating costs directly, including taxes, utilities, and insurance. While the landlord may fund certain capital expenditures, the tenant is required to reimburse these costs via amortized "Capital Replacement Payments" as additional rent for the duration of the term. The facility serves as an outpatient facility offering breast health, family medicine, imaging, lab, and rehabilitation services.

The property is situated on a 1.59-acre site at 6649 Christoph Dr, Bath, PA. The property is strategically located within the thriving Allentown-Bethlehem-Easton MSA which supports a massive regional population of over 886,000 residents. As a key medical asset in the Lehigh Valley, it directly serves a mature demographic where nearly 19% of the population is aged 65 years or older, providing a stable and growing patient base for the specialized medical services offered at this location.