Contacts
Ethan Edmiston
Matthews Real Estate Investment Services
Clay Smith
Matthews Real Estate Investment Services
Property Details
- Property Type Office
- Property Size 58,012 SF
- Lot Size 0.03 Acre
- Additional Rent Contact for pricing
- Year Built 1929
- Date Updated Mar 5, 2024
• Tenant Reimburses All Expenses – Tenant is in charge of all day-to-day expenses and reimbursements for any overages in January during the next calendar year.
• Annual Rent Increases – With 2.75% rent increases each year, this is the only tenant besides police, ambulance, and fire that receives annual rent increases.
• Below Market Rent – The current rent is $15.35/SF, with the current local market rent being at $18.45/SF according to Costar.
• Tenant Commitment – Tenant expanded into the first floor in 2020, showing commitment to the site. Please see additional photos showing other amenities such as courtrooms, observation rooms, storage areas, etc. that would also be costly to move.
• High Average Household Income – The average household income in a 10-mile radius is $100,302 and has a population exceeding 98,500 people in just a 3-mile radius.
• Credit Rating – Dauphin County boasts an AA credit rating according to S&P, leaving no fear of default by the tenant.
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Attachments
Getting around
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Location
- City Harrisburg, PA
- Neighborhood Midtown Harrisburg
- Zip Code 17102
- Market Harrisburg
Points of Interest
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Harrisburg Transportation Center
0.81 miles
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Middletown
9.44 miles
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2nd & Verbeke Mini Market & Gas Station
0.13 miles
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6th Street Market & Gas
0.29 miles
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ChargePoint Charging Station
0.35 miles
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Sunoco
0.70 miles
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Quality Gas
1.43 miles
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Sheetz
1.70 miles
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Exxon
2.10 miles
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Shell
2.44 miles
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Giant Food Gas
2.46 miles
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Tesla Supercharger
3.54 miles
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Commonwealth Parking Garage
0.33 miles
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7th Street Garage
0.49 miles
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South St. Garage
0.51 miles
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Locust St. Garage
0.63 miles
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River St. Garage
0.64 miles
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5th St. Garage
0.70 miles
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Walnut St. Garage
0.71 miles
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Chestnut St. Garage
0.80 miles
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1 South Market Square Building Parking Garage
0.85 miles
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Market Square Parking Garage
0.89 miles
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City House B&B
0.29 miles
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Hilton Harrisburg
0.77 miles
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Alva Hotel and Restaurant
0.80 miles
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Crowne Plaza Harrisburg-Hershey
0.86 miles
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Bailey House
1.08 miles
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Econo Lodge
1.15 miles
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Quality Inn
1.23 miles
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Penn Harris Trademark by Wyndham
1.75 miles
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SpringHill Suites Harrisburg Hershey
2.95 miles
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Hampton Inn & Suites Harrisburg/North
3.01 miles
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Radish & Rye Food Hub
0.03 miles
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Sayford Market
0.07 miles
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Strawberry Square
0.72 miles
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Save-A-Lot
1.67 miles
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Asia PA Market
1.83 miles
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Asia Mall
1.84 miles
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Karns Fresh Foods
2.18 miles
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Weis
2.46 miles
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Giant
2.59 miles
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Quality Food indian store
3.07 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.