132-142 S 3rd St - Office FOR SALE
Easton, PA 18042 |
132-142 S 3rd St
Easton, PA 18042
HIGHLIGHTS
- Historical two-tenant building that is 100% occupied by Hearst Magazine and Scalarworks designs
- Originally a 21,000 SF single story building Heritage Riverview is now a two-story 61,000 SF (GSF) Class “A” office building with a completely upgra
- Hearst Magazine is a leading media company and has recently executed a brand-new 10-year lease with 1 (5-year) option to extend, occupying the first
- Scalarworks designs and manufactures high-performance sighting systems and signed a 10-year lease with 2 (5-year) options to extend
- The property has a 10-year LERTA tax abatement, a benefit that flows to the tenants through reduced CAM
- Positioned within the Easton Historic District, a national historic district which includes approximately 405 buildings primarily built between 1830
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Heritage River View
PROPERTY TYPE
Office
ADD'L SUBTYPES
Storefront
TOTAL BUILDING SIZE
45664
STORIES
2
BUILDING CLASS
A
YEAR BUILT
1920
SPRINKLERS
-
PARKING SPACES
32
LAND DETAILS
LAND ACRES
0.61 AC AC
LAND SF
26,572 SF
ZONING
-
APN/PARCEL ID
L9SE2B-13-4-0310
