Office Space /PA /Erie County /Erie /901 State St
Office Space /PA /Erie County /Erie /901 State St

901 State St - Office FOR SALE


Erie, PA 16501- Mid City Erie | 
814-454-4541
901 State St, Erie, PA for Sale
Office - FOR SALE
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901 State St
Erie, PA 16501
Mid City Erie

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HIGHLIGHTS

  • Approximately $1 billion in deposits
  • Position in Erie's Central Business District - flagship location
  • Regional headquarter housing multiple PNC divisions
  • Adjacent to Erie Insurance headquarters, Gannon University, UPMC Hospital, and local governmental offices
  • Covered parking

OVERVIEW

Investment grade opportunity. True NNN. Current Lease term expires July 31, 2029 with potential 4 additional 5-year options through 2049 with 2% annual increases.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

PNC Bank

PROPERTY TYPE

Office

ADD'L SUBTYPES

Bank

TOTAL BUILDING SIZE

-

STORIES

8

BUILDING CLASS

B

YEAR BUILT

1911

SPRINKLERS

-

PARKING SPACES

70

LAND DETAILS

LAND ACRES

0.74 AC

LAND SF

32,339 SF

ZONING

Central Commercial

APN/PARCEL ID

15-020-001.0-108.00

ASK ABOUT THIS PROPERTY

Drew BaldwinBaldwin Brothers Inc.More Info
814-454-4541

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Drew BaldwinBaldwin Brothers Inc.More Info
814-454-4541

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