70 W King St - Office FOR SALE


Chambersburg, PA 17201
$1,527,552 USD
412-715-8901
70 W King St, Chambersburg, PA for Sale
$1,527,552 USD
Office - FOR SALE
1/3
null | 8.5% Cap Rate

70 W King St
Chambersburg, PA 17201


HIGHLIGHTS

  • Opportunity to acquire the fee simple interest in a single tenant office building benefiting from a long-term triple net lease.
  • 7 + years of firm term with 2% annual rent escalations.
  • Berkshire Hathaway recently renovated the building spending north of $600,000.
  • This Berkshire Hathaway HomeServices Homesale Realty Guarantor has over 35 + locations.

OVERVIEW

Lee & Associates National Investment Services Group (“NISG”) is pleased to present the opportunity to acquire the fee simple interest in a single-tenant office building: Berkshire Hathaway HomeServices Homesale Realty | Chambersburg. This property features a 7,800 SF single-tenant office and retail building across two floors, situated on 0.32 acres at 70 W King Street, Chambersburg, PA 17201. Berkshire Hathaway HomeServices Homesale Realty recently exercised their five-year renewal option early and completed over $600,000 of improvements to their space, demonstrating a strong commitment to this location. With over seven years remaining in the firm term, this investment offers a reliable passive income stream and long-term occupancy assurance

FOR SALE DETAILS

PRICE

$1,527,552 USD

PRICE/SF

$313 USD /SF

CAP RATE

8.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

-

APN/PARCEL ID

05-1C49-041-000000

ASK ABOUT THIS PROPERTY

Ross LangfordLee & Associates of Western Pennsylvania LLCMore Info
412-715-8901

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

Ross LangfordLee & Associates of Western Pennsylvania LLCMore Info
412-715-8901

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