1750 5th Ave | York, PA 17403
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- LoopNet Team
1750 5th Ave
York, PA 17403
HMS Networks Sale Leaseback - York, PA · Office Property For Sale
INVESTMENT HIGHLIGHTS
- HMS Networks AB is an International Company in the Field of Industrial Information and Communication Technology (Industrial ICT)
- Annual Rental Increases of 2% During Both the Primary Term and Option Periods Ensures Steady Growth in Net Operating Income (NOI)
- HMS Networks Has a Strong Track Record of Operational Excellence
- This Investment Offers a New 10 Year Lease Term Commencing at Close of Escrow; With Two Additional 5 Year Options
- No Landlord Responsibilities; Eliminating Operational Burden and Maintenance Costs For the Landlord
- HMS is Headquartered in Halmstad; Sweden and is Listed on the Nasdaq Nordic Stock Exchange; HMS Employs 1200 People
PROPERTY FACTS
Property Type
Office
Property Subtype
Building Size
43,024 SF
Building Class
B
Year Built/Renovated
1988/2023
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
14,341 SF
Building FAR
0.18
Lot Size
5.50 AC
Zoning
CM - Conservation Management Zone
Parking
200 Spaces (4.64 Spaces per 1,000 SF Leased)
AMENITIES
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 48-000-11-0023.00-00000 | Improvements Assessment | $3,365,500 |
| Land Assessment | $331,270 | Total Assessment | $3,696,770 |
PROPERTY TAXES
Parcel Number
48-000-11-0023.00-00000
Land Assessment
$331,270
Improvements Assessment
$3,365,500
Total Assessment
$3,696,770
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