2160 A&B SANDY DR., State College, PA 16803
Commercial Sale - STATE COLLEGE, PA
- Added:
- Jan 22, 2025
- Days on Market:
- 521
- Last Refresh:
- Jun 27 at 3:06 pm
Property Features for 2160 A&B SANDY DR.
General Information
- Property type
- Other
- Property subtype
- Office
- Parking
- 63
- Parking features
- Parking Lot
- Standard status
- Active
- Size
- 7,880 SF
Taxes and HOA fees
- Tax Annual Amount
- 23016
Utilities
- Heating system
- Heat Pump (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 2008
- Building materials
- Brick
Listing agent Greg Copenhaver License #RS148892A (814) 280-2597
Listing office RE/MAX Centre Realty 1375 Martin Street unit: 100, State College, PA (814) 231-8200
Listing date Jan 22, 2025
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Large Space: 7,880 sq ft suitable for various business needs.
- Excellent Condition: Well‑maintained building built in 2008.
- Versatile Layout: Includes reception area, private offices, conference room, treatment rooms, locker rooms, and a large open area.
- Ample Parking: Features a parking lot.
- Convenient Location: Easy access from anywhere in State College.
- Comprehensive Condo Fee: $2,500/quarter covers trash, water, sewer, exterior maintenance, snow removal, landscaping, and insurance.
Overview
The property is located at 2160 A & B Sandy Dr. in State College, Pennsylvania, and is described as offering great parking and easy access from anywhere in State College. The building and grounds are supported by condominium-maintained services that help keep exterior operations consistent.
For tenants and buyers looking for an office setup that can accommodate both professional services and a workout or similar open area, the existing plan offers clear separation between reception, offices, and treatment space. Ownership also includes a quarterly condo fee of $2,500, which covers trash, water, sewer, exterior lighting, snow removal, lawn care and landscaping, exterior building maintenance, parking lot maintenance, exterior building insurance, and liability insurance. The property is also listed for lease at $16.00 NNN.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $141.8k | $18.00 |
| − Vacancy | −$20.6k | −$2.61 |
| EGI | $121.3k | $15.39 |
| − OpEx | −$30.3k | −$3.85 |
| NOI | $91.0k | $11.54 |
Alternative Uses
Current Use by Public Records
Map
- City
- State College
- County
- Centre
- State
- Pennsylvania
- Longitude
- -77.90351
- Latitude
- 40.78351
