Listed by Matthews
Unpriced
PA Regional State Police Headquarters
Details
APN 25-J8-00A-153-000
Property Type Industrial, Special Purpose
Sub Type Police headquarters, Government
Square Footage 54,336
Occupancy 100%
Tenancy Single
Lease Type Gross
Lease Expiration 05/31/2040
Rent Bumps Yes
Lease Options 2 x 5 Year(s)
Year Built 2020
Buildings 1
Acreage 19.530
Zoning C-2
Investment Type Net Lease
Lease Commencement 06/01/2020
Ground Lease No
PA Regional State Police Headquarters
Investment highlights
- Commonwealth of Pennsylvania Credit Backing — Long-term lease guaranteed by the Commonwealth of Pennsylvania, providing investors with durable cash flow supported by one of the nation's most stable government credits.
- Mission-Critical Regional Headquarters Facility — Purpose-built ±54,336 SF Pennsylvania State Police Regional Headquarters serving as the command center for Troop P operations across northeastern Pennsylvania, supporting essential public safety and law enforcement functions.
- Long-Term Lease with 14 Years of Remaining Term — Secure income stream through May 2040 with two additional five-year renewal options, creating significant lease duration and occupancy visibility.
- State-of-the-Art Headquarters Completed in 2020 — Newly developed, purpose-built government facility featuring modern construction and specifications designed to support the Pennsylvania State Police's long-term operational needs.
- Inflation-Protected Rental Growth — Annual CPI-based rental adjustments provide embedded income growth and a hedge against inflation, with additional rent increases during renewal option periods.
- Rare Government-Leased Investment Opportunity — The Pennsylvania State Police occupied its previous Troop P headquarters in nearby Wyoming Borough for more than 100 years before relocating to this newly constructed facility, demonstrating a proven history of long-term tenancy and the strategic importance of this regional headquarters location.
Listing Contacts
Listed by Matthews
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Zoning
C-2 CommercialSpecial CommercialHighway Commercial
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