UPMC OUTPATIENT CENTER
TOLEDO CLINIC CANCER CENTER
The Offering
Berkadia Medical & Life Sciences is pleased to offer the UPMC & Toledo Clinic Portfolio, two Class A outpatient medical properties totaling 108,516 square feet. Located in Hanover, Pennsylvania and Maumee, Ohio, the portfolio is 100.0% NNN leased and generates $3.55 million of year one net operating income with a blended weighted average lease term of 13.0 years.
The portfolio includes the UPMC Outpatient Center, a 43,200-square-foot, single-tenant outpatient facility in Hanover, Pennsylvania, fully leased to UPMC Pinnacle, part of the broader UPMC health system (Fitch: ‘A’). Built in 2020, the property supports a range of outpatient specialties including imaging, cardiology, rehabilitation, primary care, and rotating specialty services. The second asset, The Toledo Clinic Cancer Center, is a 65,316-square-foot outpatient cancer and imaging center in Maumee, Ohio, built in 2022 and fully leased to The Toledo Clinic and Karmanos Cancer Institute, a wholly owned subsidiary of McLaren Health Care (Fitch: ‘AA-‘). The facility is equipped to support specialized services including nuclear imaging, radiation oncology, Linear Accelerator (LinAc) treatment, MRI, CT, and X-ray.
Together, the properties offer investors durable cash flow backed by institutional-quality healthcare tenancy, modern construction, and essential outpatient medical services in attractive suburban markets. The combination of long-term leases, strong credit tenancy, and specialized medical infrastructure provides stable income with no near-term rollover.
Investment Highlights
01
DURABLE CASH FLOW BACKED BY ESTABLISHED OPERATORS
02
LONG-TERM LEASE DURATION WITH NO NEAR-TERM ROLLOVER
03
INSTITUTIONAL-QUALITY CLASS A OUTPATIENT MEDICAL ASSETS
04
SPECIALIZED MEDICAL BUILDOUT SUPPORTING LONG-TERM TENANCY
05
MISSION-CRITICAL OUTPATIENT LOCATIONS ADJACENT TO KEY REFERRAL DRIVERS
06
ATTRACTIVE SUBURBAN LOCATIONS WITH STRONG DEMOGRAPHIC PROFILES
07
FUTURE EXPANSION POTENTIAL AT UPMC OUTPATIENT CENTER
08
OPPORTUNITY TO ASSUME IN-PLACE FINANCING
UPMC OUTPATIENT CENTER
TOLEDO CLINIC CANCER CENTER
Property Details
Berkadia Medical & Life Sciences
INVESTMENT ADVISORS
Chris Lashmet
Managing Director
847.209.0425
IL DRE #475196617
[email protected]
Sabrina Solomiany
Senior Managing Director
404.536.5054
GA DRE #361808
[email protected]
Eric Lee
Managing Director
763.226.8563
IL DRE #475194860
[email protected]
Vasili Davos
Managing Director
214.360.3858
TX DRE #778826
[email protected]
Jordyn Kelly
Vice President
303.689.8340
CO DRE #100095458
[email protected]
Kyle Saifi
Senior Financial Analyst
214.360.3846
[email protected]
MORTGAGE BANKING
Mike Rogers
Managing Director
312.914.8374
[email protected]

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