5053 Ritter Rd - Office FOR SALE


Mechanicsburg, PA 17055
$3,080,000 USD
717-307-2002
5053 Ritter Rd, Mechanicsburg, PA for Sale
$3,080,000 USD
Office - FOR SALE
1/8
null | 7.4% Cap Rate

5053 Ritter Rd
Mechanicsburg, PA 17055


HIGHLIGHTS

  • Natural Light
  • Incredible Location
  • Class A Office Building

OVERVIEW

Fantastic 20,720 SF Class A 2-story office building on 1.82 acres and located in the highly desired Rossmoyne Business Center in Mechanicsburg, Pennsylvania. Building renovations include 2nd floor tenant fit out completed August 2020, parking lot repaved 2018, new concrete sidewalks, steps and handrails installed 2018, and common area and lobby renovations completed September 2020. Building is 75% leased to two tenants - long time 1st floor tenant currently negotiating renewal for entire first floor; 2nd floor tenant occupies 5,578 SF with lease expiration of 9/30/2025. Parking ration 5.2/1,000 SF (107 spaces). Large windows provide plenty of natural light and great views of the surrounding business park. The Rossmoyne Business Center is located just off of Route 15 and the Pennsylvania Turnpike (I-76). Interstates 81, 83, 581 and the Harrisburg International Airport are within a 10 minute drive. Local restaurants, shopping, lodging, and entertainment are within walking distance of the property. This building is in perfect condition and won't last!

FOR SALE DETAILS

PRICE

$3,080,000 USD

PRICE/SF

$150 USD /SF

CAP RATE

7.4%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

107

LAND DETAILS

LAND ACRES

1.82 AC

LAND SF

79,279 SF

ZONING

Commercial

APN/PARCEL ID

42-10-0256-031

ASK ABOUT THIS PROPERTY

Lowell GatesLinlo PropertiesMore Info
717-307-2002

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

Lowell GatesLinlo PropertiesMore Info
717-307-2002

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