SOLD: Flex Tech Investment Opportunity

About This Property

THIS PROPERTY IS SOLD

Black Diamond Realty is pleased to present 102 Corporate Drive, a 28,800 (+/-) square foot flex tech building on 3 (+/-) acres that is currently 100% leased by Omnicare. Omnicare, Inc is the parent company of Compass Health Services, LLC and was purchased by CVS Health in 2015 as their healthcare and pharmacy services provider in the senior care and assisted living facilities market. Located outside of city limits, the subject property is positioned within Chaplin Hill Business Park. The park is located adjacent to Mylan Park, 1.5 miles from I-79, Exit 155, 7.5 miles from the I-68/79 interchange, and ~70 miles south of Pittsburgh.

Omnicare has been servicing nursing homes throughout the region since 1992 from their Morgantown, WV hub.  In 2016, they outgrew their previous location and this facility (102 Corporate Drive) was built to suit their growing needs. The industrial pharmaceutical industry is a capital intensive industry which requires investments in automation and technological upgrades. Omnicare has invested substantial capital into this space including a highly specialized prescription processing machine as well as a state of the art security system with 50 internal security cameras and seven external security cameras and devices.

Highlights

• 28,800 Square Foot Flex Tech Building
• 3 Acre Lot
• Loading Docks
• Overhead Doors
• Built in 2016
• Tenant investments within the building