785 Cherry Tree Ct - Office FOR SALE


Hanover, PA 17331
$1,695,000 USD
717-683-0989
785 Cherry Tree Ct, Hanover, PA for Sale
$1,695,000 USD
Office - FOR SALE
1/5
null | Request Cap Rate

785 Cherry Tree Ct
Hanover, PA 17331


OVERVIEW

785 Cherry Tree Court is a 17,812 SF two-level office building. The first floor is ±9,404 SF. This portion of the property has sliding automatic doors, windows on all sides of the building, a mix of open area with vaulted ceilings and private offices. The space was renovated in 2017. The lower level is ±8,408 SF and is accessible via stairs and an elevator. The space is finished as medical office. The finish includes a reception area, private offices, large break room, restrooms. The building is part of a condominium association that shares a 96 space parking lot with two other professional office buildings. The annual taxes are $27,000. The building is available for sale ($1,695,000) or lease ($14.50/SF first floor or $10.00/SF for the lower level NNN).

FOR SALE DETAILS

PRICE

$1,695,000 USD

PRICE/SF

$95 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.32 AC

LAND SF

101,059 SF

ZONING

Hanover: R5; Penn: I

APN/PARCEL ID

44-000-DD-0052.L0-00000

ASK ABOUT THIS PROPERTY

Ryan MyersBennett Williams CommercialMore Info
717-683-0989

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Ryan MyersBennett Williams CommercialMore Info
717-683-0989

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