1600 Sixth Avenue , #114

    YORK, PA 17403
    • $675,000
    • STATUS: Active
    • ON SITE: 200 days
    • ID#: 1002667165
    UPDATED: 37 min ago
    $675,000
    • 0
      BEDS
    • 6.72
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Condo
    Built:
    2005
    County:

    School Ratings & Info

    School District:

    Description

    Suite 114 is a Medical Office occupied by UPMC / Pinnacle Health until January 31, 2022 at $64,158/Year NNN (8.05% CAP Rate) with 2% annual increases and no options to renew. The 4,662 RSF (3,700 Net SF) suite is located in the front left corner of the 67,000+ SF Office Condominium Complex known as Sixth Avenue Professional Center, which features a raised floor system, patient drop off area, secure entrances w/ intercom system, common area restrooms & family waiting areas. Site is fully ADA compliant w/ ample (228 On-Site) parking. The adjoining Surgical Center (Suite 115) containing 5,859 RSF is also leased by UPMC / Pinnacle Health until January 31, 2022 at $79,764/Year NNN with 2% annual increases and no options to renew. Both suites are comprised of three condo units and can be purchased for $1,395,000, which represents a CAP Rate of 8.85%.

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    ©2018 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Data last updated: 2018-05-27T18:47:00.633.
    www.centralpahomehunter.com/homes/78594308

    1600 Sixth Avenue , #114 YORK, PA 17403

    • Price: $675,000
    • Status: Active
    • Updated: 37 min ago
    • ID#: 1002667165
    0
    Beds
    0
    Baths
    0
    ½ Baths
    6.72
    Acres
    2005
    Built
    Neighborhood:
    Unknown
    County:
    York
    Area:
    Spring Garden Twp (15248)
    School District:
    York Suburban
    Property Description
    Suite 114 is a Medical Office occupied by UPMC / Pinnacle Health until January 31, 2022 at $64,158/Year NNN (8.05% CAP Rate) with 2% annual increases and no options to renew. The 4,662 RSF (3,700 Net SF) suite is located in the front left corner of the 67,000+ SF Office Condominium Complex known as Sixth Avenue Professional Center, which features a raised floor system, patient drop off area, secure entrances w/ intercom system, common area restrooms & family waiting areas. Site is fully ADA compliant w/ ample (228 On-Site) parking. The adjoining Surgical Center (Suite 115) containing 5,859 RSF is also leased by UPMC / Pinnacle Health until January 31, 2022 at $79,764/Year NNN with 2% annual increases and no options to renew. Both suites are comprised of three condo units and can be purchased for $1,395,000, which represents a CAP Rate of 8.85%.
    Exterior Features

    Construction Materials BrickConcreteBlock Garage YN No Location Type Commercial Area Parking Features Paved Parking Parking Total 228.00 Road Responsibility City/County Roof Built-Up Topography List Level Water Oriented YN No

    Interior Features

    Building Area Total 4662.00 Building Features Private Restrooms Cooling Central A/C Cooling YN Yes Fireplace YN No Heating ElectricHeat Pump(S) Heating YN Yes Security Features Sprinkler System - Indoor

    Property Features

    Accessibility Features Other Association YN No Central Air YN Yes Condo YN Yes Construction Completed YN No Incorporated City Name Spring Garden Twp Listing Source Record ID 21510124 New Construction YN No Original MLSNumber 21510124:RAYAC Ownership Interest Condominium Property Sub Type Office Sale Includes Building OnlyLand And Building Sewer Public Sewer Tax Assessment Amount 246061.0 Tax Lot 114 Vacation Rental YN No Water Source Public Zoning Description Industrial Park

    Listing courtesy of Rock Commercial Real Estate.
    ©2018 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Data last updated: 2018-05-27T18:47:00.633.
     
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