613 Baltimore Dr - Medical FOR SALE


Wilkes Barre, PA 18702- Outer Wilkes-Barre
$7,200,000 USD
570-468-8810
613 Baltimore Dr, Wilkes Barre, PA for Sale
$7,200,000 USD
Medical - FOR SALE
1/20
null | 7.5% Cap Rate

613 Baltimore Dr
Wilkes Barre, PA 18702
Outer Wilkes-Barre


HIGHLIGHTS

  • Immediate access to major highways (I-81 and PA Turnpike 476)
  • Less than 15 minutes to Wilkes-Barre Scranton International Airport
  • Flexible and efficient floor plates accommodating both large and small users
  • Attractive, elevator-served lobby and common areas
  • Recently updated common restrooms
  • Walkable area with sidewalks

OVERVIEW

613 Baltimore Drive is a Class “A” office building containing approximately 59,609 rentable square feet, nestled in the East Mountain Corporate Center in Wilkes-Barre, Pennsylvania. Offered with a 7.5% cap rate based on the "in-place" NOI calculated on the existing 72.2% occupancy. Provides 100% upside on the vacancy.

FOR SALE DETAILS

PRICE

$7,200,000 USD

PRICE/SF

$121 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

East Mountain Corporate Center

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

A

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.34 AC

LAND SF

232,610 SF

ZONING

C1

APN/PARCEL ID

50-H11-00A-048-000

ASK ABOUT THIS PROPERTY

Michael DetterNAI Geis Realty Group, Inc.More Info
570-468-8810

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Michael DetterNAI Geis Realty Group, Inc.More Info
570-468-8810

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