Commercial Real Estate for Sale at 924 Russell Drive in Lebanon, PA for $749,000

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924 RUSSELL DRIVE | LEBANON

$749,000 | 0.0 Sq. Ft.

Excellent opportunity to own a Modern Office building with Social Security as Tenant. Built specifically for local Social Security Office occupancy. Single tenant, Monthly Rent automatically deposited. Less than 17 Months remaining on current renewal option. Current net operating Income of $54,032 is a 7.21% cap Rate. Annual tax escalator, and operating cost adjustments. Seller has retired, relocated to Virginia and plans to exchange into a residential rental there. Operating Expenses listed are an average of 2014 thru 2018 actual expenses. BrightMLS 1002664507

Directions to property: From Cornwall Rd., take Russell Drive to third property on left.

MLS Listing ID: 
BrightMLS 1002664507
Community Information
School District: 
CORNWALL-LEBANON
Subdivision: 
TUCK BUSINESS PARK
Building Details
Details about the building on a property.
Year Built: 
1995
New Construction: 
0
Living Area: 
0.0
Construction
Construction Materials: 
Masonry, Brick, Dryvit
Foundation Details: 
Slab
Roof: 
Pitched, Shingle
Exterior: 
Brick
Exterior Features: 
Professional, Other/General Retail
DisabilityFeatures: 
Other
Energy Information: 
200+ Amp Service
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air
Heating System Fuel: 
Natural Gas
Cooling System: 
Central A/C
Water Heating System: 
Natural Gas
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
1
Lot Size (Area): 
1
Lot Size (Dimensions): 
361x249x240
View: 
Road Frontage
Waterfront: 
0
Lot Features
Parking Type: 
Parking Lot
Total Parking Spaces: 
33
Garage: 
No
Public Record
Annual Tax: 
$18,008.00
Property Zoning: 
OFFICE-INSTITUTIONAL
Listing Dates
Dates involved in the transaction.
Listing Entry Date/Time: 
4/12/2017
Contract Details
Details about the listing contract.
Possession: 
Settlement, Subject to Ex
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
Suburban Realty

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