1525 Oregon Pike - Office FOR SALE


Lancaster, PA 17601- Outer Lancaster
$881,466 USD
717-843-5555
1525 Oregon Pike, Lancaster, PA for Sale
$881,466 USD
Office - FOR SALE
1/1
null | 6.75% Cap Rate

1525 Oregon Pike
Lancaster, PA 17601
Outer Lancaster


OVERVIEW

Bennett Williams is pleased to present this rare, income-producing investment opportunity in the Oregon Commons office complex. The professional office space is centrally located along Oregon Pike (Route 272), providing convenient access to both Route 30 and Route 222. Situated within this well-appointed office park, the 5,000 square feet of office space is 100% leased to two tenants and both leases boast 4+ years of remaining term with annual increases. Current ownership has made significant investments in the office spaces over the past five years, including fully renovated interiors, replacement of all exterior windows and newer HVAC systems. Both the close proximity to some of the highest-trafficked highways in Lancaster County as well as the strong consumer and business draw of the commercial arteries comprising Oregon Pike and Lititz Pike, have resulted in a strong rental history for this investment property.

FOR SALE DETAILS

PRICE

$881,466 USD

PRICE/SF

$176 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Oregon Commons

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.01 AC

LAND SF

436 SF

ZONING

B-3

APN/PARCEL ID

390-16165-1-003B

ASK ABOUT THIS PROPERTY

Brad RohrbaughBennett Williams CommercialMore Info
717-843-5555

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Brad RohrbaughBennett Williams CommercialMore Info
717-843-5555

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.