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- LoopNet Team
120 Penn St
Hanover, PA 17331
Office Property For Sale
PROPERTY FACTS
ABOUT 120 PENN ST , HANOVER, PA 17331
This is an incredible investment opportunity with a 10.6% cap rate. The building is 7,160 sqft of medical office space already leased. Current lease is a 20 year lease renewable every 5 years with an escalation clause. With UPMC purchasing Hanover Hospital, OSS Hanover adding partners and the new WellSpan building in town; renting this should be simple after the lease is fulfilled. The office space is set up perfectly for a Dentist or Chiropractic office. The current rental agreement is a triple net lease and includes a half basement downstairs with optional separate entrance. The financial information, property details, and lease is available upon request. Must sign NDA agreeing to not share financial information. DETAILS Property Type: Commercial - OfficeLot Size: 0.22 Acres Additional Structures: Above Grade, Below GradeRoof Type: Rubber Building Name: PENN MEDICAL CENTERSewer: Public Sewer Cooling: Central A/CTaxes: $14,660 Exterior: CombinationUnits: 2 Fuel Type: ElectricWater: Public Lot Dimensions: 0.22 Acre(S)Year Built: 1989 CONTACT LISTING AGENT BROC SCHMELYUN TODAY FOR MORE INFORMATION!
PROPERTY TAXES
| Parcel Number | 67-000-17-0074.B0-00000 | Improvements Assessment | $399,240 |
| Land Assessment | $31,050 | Total Assessment | $430,290 |
PROPERTY TAXES
