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1400 Proline Pl - Proline Place Professional Center 9,490 SF Office/Medical Condo Unit Offered at $1,500,000 in Gettysburg, PA 17325
Investment Highlights
- Convenient Access to Routes 30 & 15.
Executive Summary
Professional office condominium complex (5 or 6 units included in sale(large unit 800/900 can be split in two current sq ft is 4,025 for that unit joined)) located off Route 30 in the Adams Commerce Center, Gettysburg, PA, with convenient access to Route 15. Offers an 8% CAP rate at 100% occupancy. Three of the five units are currently leased, with two units vacant and ready for owner occupancy or lease. Condominium Association will be managed by the new owner. Tenant paid CAM fees cover taxes, insurance, lawn care, snow removal, roof maintenance, exterior lighting, servicing of all complex A/C units, and more. Property offers flexibility , strong income potential, and a prime location. Ideal for an owner-occupant or investor!
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | No. Parking Spaces | 50 |
| Cap Rate | 8.48% |
| Sale Type | Investment or Owner User |
| Cap Rate | 8.48% |
| No. Parking Spaces | 50 |
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 500-1100 | 9,490 SF | Office/Medical | $1,500,000 ($158.06/SF) | $127,200 |
Unit 500-1100
| Unit Size |
| 9,490 SF |
| Condo Use |
| Office/Medical |
| Price |
| $1,500,000 ($158.06/SF) |
| NOI |
| $127,200 |
Unit 500-1100
| Unit Size | 9,490 SF |
| Condo Use | Office/Medical |
| Price | $1,500,000 ($158.06/SF) |
| NOI | $127,200 |
| Sale Type | Investment or Owner User |
| Cap Rate | 8.48% |
| No. Parking Spaces | 50 |
| Sale Notes | |
| Property offers 8% CAP rate at 100% occupancy.</li></ul> |
Property Facts
| Total Building Size | 9,490 SF | Floors | 1 |
| Property Type | Office (Condo) | Typical Floor Size | 9,490 SF |
| Property Subtype | Year Built | 2006 | |
| Building Class | B | Parking Ratio | 30.3/1,000 SF |
| Zoning | EC-1 - Commercial | ||
| Total Building Size | 9,490 SF |
| Property Type | Office (Condo) |
| Property Subtype | |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 9,490 SF |
| Year Built | 2006 |
| Parking Ratio | 30.3/1,000 SF |
| Zoning | EC-1 - Commercial |
Major Tenant Information
| TENANT | SF Occupied | LEASE END DATE |
|---|---|---|
| Sonex Professional Audio Services Inc. |
1,350 SF
|
June 2029
|
| MacGregor Mental Health |
1,465 SF
|
June 2029
|
| Diabold Nixdorf |
1,000 SF
|
March 2027
|
| B |
2,000 SF
|
-
|
| C |
2,025 SF
|
-
|
| Battlefield Estate & Elder Law LLC |
1,650 SF
|
July 2029
|
Contact the Sale Advisor
1400 Proline Pl - Proline Place Professional Center