785 Cherry Tree Ct 17,812 SF Office Building Hanover, PA 17331 $1,695,000 ($95.16/SF)
EXECUTIVE SUMMARY
785 Cherry Tree Court is a 17,812 SF two-level office building. The first floor is ±9,404 SF. This portion of the property has sliding automatic doors, windows on all sides of the building, a mix of open area with vaulted ceilings and private offices. The space was renovated in 2017. The lower level is ±8,408 SF and is accessible via stairs and an elevator. The space is finished as medical office. The finish includes a reception area, private offices, large break room, restrooms. The building is part of a condominium association that shares a 96 space parking lot with two other professional office buildings. The annual taxes are $27,000. The building is available for sale ($1,695,000) or lease ($14.50/SF first floor or $10.00/SF for the lower level NNN).
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
17,812 SF
Building Class
C
Year Built/Renovated
1996/2019
Price
$1,695,000
Price Per SF
$95.16
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
8,906 SF
Building FAR
0.18
Lot Size
2.32 AC
Zoning
Hanover: R5; Penn: I
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Hanover Rehabilitation Cherry Tree...
- Health Care and Social Assistance
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Hanover Rehabilitation Cherry Tree... | Health Care and Social Assistance | - | - | - |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 1st Fl | 9,404 SF | Office | Full Build-Out | Now |
1st Fl-Ste 1st Fl
| Size |
| 9,404 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1 of 1
PROPERTY TAXES
| Parcel Number | 44-000-DD-0052.L0-00000 | Improvements Assessment | $616,310 |
| Land Assessment | $180,290 | Total Assessment | $796,600 |
