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50 E Emaus St

5,000 SF Office Building Middletown, PA 17057 $600,000 ($120/SF) 8% Cap Rate

Investment Highlights

  • NNN investment property available for sale
  • Offered at 8% cap rate
  • Ideal for an owner, user as lease expires in February 2025
  • 5,000 SF single tenant office building
  • George Frey Trust leasehold in Middletown, PA

Executive Summary

NAI CIR is pleased to present a single tenant NNN investment office building located in Middletown, PA. The single-story, 5,000 SF office building is occupied by United Cerebral Palsy of Central Pennsylvania, INC. (UCP Of Central PA). The recently executed extension of their original lease expires in February 2025, presenting the opportunity for an owner, user to occupy the property

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
5,000 SF
Building Class
C
Year Built/Renovated
1930/2016
Price
$600,000
Price Per SF
$120
Cap Rate
8%
NOI
$48,000
Tenancy
Single
Building Height
1 Story
Typical Floor Size
5,000 SF
Building FAR
0.77
Lot Size
0.15 AC
Zoning
R-2 Residential MF

Amenities

  • Bus Line
  • Security System
  • Signage
Walk Score ®
Very Walkable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 41-009-043
  • 41-009-042
Land Assessment
$63,900
Improvements Assessment
$359,100
Total Assessment
$423,000
  • Listing ID: 29644062

  • Date on Market: 9/28/2023

  • Last Updated:

  • Address: 50 E Emaus St, Middletown, PA 17057

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