100 N Cameron St - Medical FOR SALE


Harrisburg, PA 17101- East Harrisburg
$9,000,000 USD
917-292-5551
100 N Cameron St, Harrisburg, PA for Sale
$9,000,000 USD
Medical - FOR SALE
1/7
null | 8.35% Cap Rate

100 N Cameron St
Harrisburg, PA 17101
East Harrisburg


HIGHLIGHTS

  • Potential 12.2% Cap | Current 8.35% In-Place Cap
  • 74% Leased with Lease-Up Upside
  • Opportunity to increase NOI by ~36%
  • 5.3-Year WALT | Minimal Near-Term Rollover
  • Stable tenancy mix anchored by healthcare and government users

OVERVIEW

Current NOI: $751,000 | Current Cap Rate: 8.35% Potential NOI: $1,100,000 | Projected Cap Rate: 12.22% based on a $9M asking price 74% Leased | Value-Add Upside with 18,000+ SF Available | Healthcare & Government-Anchored 100 N Cameron Street is currently a 74% leased office investment in Harrisburg, PA, anchored by healthcare and government tenants. With 18,000+ square feet of additional rentable space, the property offers a strong in-place return and potential to reach an 12.22% cap rate through lease-up. Alder Health Services, Penn State Health, Crisis Recovery Network 50% PA CareerLink, Center for Employment Opportunities 33% MidPenn Legal Services 17%

FOR SALE DETAILS

PRICE

$9,000,000 USD

PRICE/SF

$128 USD /SF

CAP RATE

8.35%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

North Cameron Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1916

SPRINKLERS

-

PARKING SPACES

172

LAND DETAILS

LAND ACRES

1.94 AC

LAND SF

84,506 SF

ZONING

CO1 – Commercial Office

APN/PARCEL ID

08-033-001

ASK ABOUT THIS PROPERTY

Victor KraiemeXp RealtyMore Info
917-292-5551

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Victor KraiemeXp RealtyMore Info
917-292-5551

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.