Listed by Continental Real Estate Management, INC.
$2,400,000
129 & 141 Medical Park Lane, Bellefonte
Details
Property Type Office, Mixed Use
Sub Type Medical Office
Square Footage 12,384
Units 100
Occupancy 100%
Tenancy Multi
Lease Type NNN
Lease Expiration 12/31/2027
Year Built 2013
Buildings 2
Acreage 6.090
Zoning Zoned Highway Commercial (HC), High Density Residential (R4)
Parking Spaces spaces
Investment Type Stabilized
Office | 12,384 SqFt
Marketing description
This exceptional commercial real estate opportunity features 6.09 +/- acres, strategically positioned for both immediate income generation and future development. The property is currently leased to a medical user with a stable, in-place income through December 31, 2027, providing buyers with immediate cash flow with long-term development potential.
This two-building commercial portfolio presents a rare opportunity to acquire a cash-flowing asset with built-in future upside.
Investment highlights
- 4,055 SF+- building with two (2) suites on .73 Acres (+/-)
- 8,329 SF+- building with two (2) suites on 5.36 Acres (+/-)
- The 5.36+- acres includes .69 acres of excess land
- Zoned Highway Commercial (HC) - High Density Residential (R4)
- Strategic Location Benefits
- 2 min from I-99 entrance / .44 miles
- 6 min from 1-80 entrance / 3.3 miles
- With direct access and visibility from Bishop Street, the main thoroughfare into Bellefonte from I-99.
Listing Contacts
Listed by Continental Real Estate Management, INC.
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