Contacts
PPM Real Estate
PPM Real Estate
PPM Real Estate
Property Details
- Property Type Office - General Office
- Property Size 34,111 SF
- Additional Rent Contact for pricing
- Parking Spaces Avail. 44
- Parking Ratio 1.29 / 1,000 SF
- Date Updated Dec 17, 2024
Property is offered as an investment or Owner Occupant. 4 Tenant Spaces + a 44 car parking garage.
Currently 2 of the spaces are leased to stable long term Tenants. Available space for owner occupant or new end user is about 13,000sf at 200 North Duke Street, plus 3,500sf Firehose retrofitted for retail use at 202 N Duke Street. Additionally there are a few large offices on the first floor of 39 East Chestnut Street that are available. Projected cap rate at full occupancy is 8.9%. Current NOI from the 2 tenants is a 4% cap rate at the $6.2mm sale price.
34,111+/- sq. ft. Total (not including garage). This building is 100% sprinklered, has heavy IT/data wiring, high efficiency HVAC systems, is ADA compliant and situated on the corner of Chestnut/Duke Streets with 2 adjacent public parking garages. Building was previously home to the Lancaster City Police Station and Firehouse before being developed into the office, services and retail center it is today. The available office space can be subdivided and offers several offices/conference rooms which are wired for projectors, open space with existing work stations, private restrooms, furnished break room, direct glass door entrance from Duke Street and direct Elevator access from first floor lobby & secure garage. 3-4 Additional parking spaces are located behind the building and are well suited for the Firehouse future occupant. Tours of the vacant space can happen with little notice. Occupied areas of the building require advance notice for scheduling.
Signage opportunities on building exterior with high visibility.
Reach out to the broker for more info on lease terms and amenities
Getting around
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99/100
Walk Score ®
-
71/100
Bike Score ®
Location
- City Lancaster, PA
- Neighborhood Musser Park
- Zip Code 17602
- Market Harrisburg
Points of Interest
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Lancaster
0.92 miles
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Sunoco
0.26 miles
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US Gas
0.27 miles
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Turkey Hill
0.38 miles
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Sheetz
1.97 miles
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Tesla Supercharger
2.72 miles
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Duke Street Parking Garage
0.03 miles
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Red Rose Transit Authority Parking Garage
0.08 miles
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Grant Street Parking Lot
0.16 miles
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Prince Street Parking Garage
0.21 miles
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Hagers
0.27 miles
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King Street Parking Garage
0.29 miles
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Richards Hall Parking
0.78 miles
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Cokesbury and Resident Parking
0.79 miles
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Faculty, Staff and Vistor Parking
0.81 miles
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Admission Parking
0.90 miles
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Holiday Inn Lancaster
0.09 miles
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Lancaster Marriott at Penn Square
0.26 miles
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Lancaster Arts Hotel
0.58 miles
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Cork Factory Hotel
0.58 miles
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Days Inn & Suites Lancaster
1.51 miles
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Americas Best Value Inn
1.77 miles
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Home2
1.78 miles
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Best Western Premier Eden Resort & Suites
1.93 miles
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Residence Inn
2.40 miles
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Hampton Inn Lancaster
2.85 miles
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Marshalls
1.30 miles
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Weis
1.42 miles
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Lancaster Shopping Center
1.62 miles
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Whole Foods Market
1.74 miles
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Giant
1.85 miles
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Target
1.88 miles
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Stone Mill Shopping Center
1.93 miles
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Burlington
2.08 miles
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Everest Indian Grocery Store
2.28 miles
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Wegmans
2.30 miles
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.
