Highland Office Center
$2,500,000
270 Walker Drive, State College, PA 16801
7
Cap Rate
265,996
NOI
Details:
Highlights:
- Prime investment opportunity.
- Long-standing, established tenants.
- Rent from $15-$20/ SF.
- Brick and cedar exterior.
- Great location with access to major highways.
- Large open common areas with exposed brick walls.
- 176 parking spots with a 4.8 parking ratio.
- Large windows that provide plenty of natural light.
- Only 1 mile from Penn State University.
Description:
Class B Office Building with a current occupancy of 77% on 5.04 Acres with superior access to major highways such as I-99, Rt 322, and Rt 26. The building sits in a quiet setting with beautiful views of PSU Football Stadium, Bryce Jordan Center, and mountains. The existing site allows for approximately 13,000 - 20,000 sf of additional buildable space.
State College Highlights/Facts
• One of the most educated U.S. cities with 63% of the population having degree(s)
• Large, entry-level population
• County population of 159,178
The existing site allows for approximately 13,000 - 20,000 square feet of additional impervious improvements to the site.
6 Spaces Available
East Wing 340E & 350E , 340E & 350E , 3 Unknown Sub Type
Spacious office on the 3rd floor with lots of natural light and views of Beaver Stadium. The space has 2 large offices, a smaller office, and a shared waiting room. It was recently remodeled with neutral colors. Tenant only pay phone, internet, cable, janitorial within the space, and fire safety permit. Check out these amazing views and call for a showing.
West Wing Third Floor , 300, 3 Building
Need a large, affordable office? Spacious space with multiple individual offices, conference room, large open space for cubicles or a bullpen, 2 restrooms, plenty of storage, and room for so much more! Tenant pays phone, internet, cable, janitorial in the space, and annual fire safety permit. Make an offer and make it yours!
112W, 112W, 1 Building
Affordable large open space that can be easily be customized to meet your business needs with 2 additional individual office spaces.
207 E, 207 E, 2 Building
Small but mighty office space , reception area, large workspace/conference room with plenty of storage, and mountainous views. Tenant pays phone, internet, cable, janitorial within their space, and an annual fire safety permit.
Call for a showing.
110E, 110E, 1 Building
A small office space that is perfect for a single user or a start-up business. Space contains a large closet for storage.
There are 2 common area restrooms. Tenant pays phone, internet, cable. Available in August 2020 for you.
201 B, 2 Building
Beautiful office space, which was recently remodeled. Can be easily demised into 2 offices at 1600 sf & 1700 sf or leased as 1 larger space. Large open spaces, multiple large offices, kitchenette, and 2 conference rooms. Shared restrooms. Tenant only pays phone, internet, cable, janitorial, and annual fire safety permit. Don't miss this one as it won't last long. Available early 2022.
Documents:
Location
Gallery
