110 N Duke St
Lancaster, PA 17602
Office Property For Sale

Welcome to 110 N Duke St., a professional office condominium investment opportunity occupied by a nationally credited tenant. This property features great visibility and signage, with high foot and vehicle traffic as it sits on the corner of N. Duke St. and E. Orange St. The office condominium features 6,260 SF of first floor office space. The current tenant, a nationally known financial advisory firm, has been in place for over 30 years at this site! A lease renewal has just been signed for an additional 5 years with a 5 yr renewal option. Zoned CB, this office space is walkable to all of downtown's great attractions such as the Convention Center, Central Market, 101NQ, Tellus 360, Fulton Theatre + tons of great restaurants. Across the intersection is the famous Hamilton Club and the County Courthouse. Nearby businesses within a block or two include Wells Fargo, Lancaster Chamber of Commerce, Fulton Bank HQ, Woodstream Corp. HQ, Aspire Ventures HQ, Lancaster Newspapers, and Cargas Systems. This property is currently tenant-occupied and is being sold as an investment property based upon the income stream at an 8.18% cap rate. Tenant is NOT moving and property is NOT available for a new buyer to occupy. Income and expense details as well as leases are available to qualified purchasers with a signed confidentiality agreement. Please DO NOT contact tenant, employees, or attempt to enter their place of business. Showings require 24 hour notice and may be conducted weekdays between 8:30 a.m. and 4:30 p.m. with listing agent to be present at all showings.