2003 Sullivan Trl | Easton, PA 18040
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2003 Sullivan Trl
Easton, PA 18040
Office Property For Sale
PROPERTY FACTS
Property Type
Office
Property Subtype
Medical
Building Size
16,208 SF
Building Class
B
Year Built
2016
Building Height
1 Story
Typical Floor Size
16,208 SF
Building FAR
0.11
Lot Size
3.35 AC
Zoning
11LI - Light Industrial zoning. District for the development of quiet and non-polluting manufacturing and wholesale business
ABOUT 2003 SULLIVAN TRL , EASTON, PA 18040
6.5% Cap rate with 3% increases every two years. This property is being sold in the first year of a fifteen year lease with St. Luke's University Hospital. The property is situated at an excellent location on a signalized corner on Sullivan's Trail. The building is a total of 16,000 sf. There is an additional $10,800 payment per month for ten years to compensate landlord for advanced tenant fit out. The total yearly revenue from the building is $445,250.
PROPERTY TAXES
| Parcel Number | K9-15-6-0311 | Improvements Assessment | $639,400 |
| Land Assessment | $101,700 | Total Assessment | $741,100 |
PROPERTY TAXES
Parcel Number
K9-15-6-0311
Land Assessment
$101,700
Improvements Assessment
$639,400
Total Assessment
$741,100
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