5 Brookwood Ave, Carlisle, PA 17015 | For Sale

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For Sale $1,100,000

$1,100,000
  • (0)
  • 2 Units
  • Unknown Sq Ft
  • Unknown Sq Ft
  • Unknown Cap Rate

Description

Fully leased Medical office investment property featuring a 5,068-square-foot building on 0.76 acres in South Middleton Township . The building is demised into (2) medical office suites. The all-brick building is in great condition with updated interior finishes and functional medical office layouts. The main suite containing 3,088 SF is leased by UPMC Aesthetic Surgery through February 2028 with (2) three-year renewal options and annual rent escalations. There is a 1,750-square-foot suite leased to Partners in Women’s Health, P.C. through December 2026 with annual rent escalations (no renewal options; tenant since 2003). HVAC is provided by electric heat pumps. NOI projected at $69,241.

The site is located at the signalized corner of Brookwood Avenue and Walnut Bottom Road within the Brookwood Office Park. This commercial location along a growing corridor provides easy access to Interstate 81, the UPMC Carlisle Hospital, and Downtown Carlisle amenities. The site is across from the Stonehedge Square Shopping Center anchored by Giant Foods. Access to the site is from Brookwood Avenue, and the property benefits from frontage and exposure along Walnut Bottom Road (AADT 6,100). There are 25 surfaced parking spaces. Site amenities include electronic business signage, (2) storage sheds in the rear, and a double-sided Lamar billboard leased at $314.85 per month.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $1,100,000
Property Type Office
Usable Sqft Unknown
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 1986
Last Sold Unknown
Sold Price Unknown
APN # 40230604018
MLS # PACB2027834
Property ID 320195997
Lot Sqft Unknown
Zoning TOWN CENTER
Total Units 2
Days on Market 325
Original List Price Unknown
Date Updated September 17, 2024
Date Created February 04, 2024
Unit # Beds Baths Current Rent Proforma Rent
Unit #1 $114,682 $0
Net Income (Yr) $ 69,241
Cap Rate 6.30%

Listing Provided By

ANDREW WOLFE an agent of Wolfe & Company REALTORS. Lic #RS320040


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Data last updated: December 25, 2024.
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