Professional Office
For Sale
Contact for pricing
1190 Regents Glen Boulevard, York, PA 17403
Office space offers access to I-83 and proximity to York College, Apple Hill, and York Hospital.
Property Size2,700 SF
Price / SF$216.67
Days on Market104
Property Features for 1190 Regents Glen Boulevard
General Information
Standard status
Active
Size
2,700 SF
Property subtype
OFFICE
Additional Details
Highway Access
Yes
Properties For Sale
at 1190 Regents Glen Boulevard Contact us- Floor
- 1
- Size
- 2,700 SF
- Type
- OFFICE
- Availability
- AVAILABLE, Now
- Sublease
- No
1190 Regents Glen Boulevard
• Lease 2,700 SF $12/SF
• Ideal professional offices
• Easy access I-83
•...
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Contact us
Listing Agency:
Bennett Williams Commercial - New Jersey
(856) 422-9022
Listed By:
Robert Behler · License #RM048882B
Source:
Moodyscre
Added: May 19
Changed: Aug 29
Last Checked: Aug 29 at 2:57PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bennett Williams Commercial - New Jersey
Investment Insights
Based on property information with market context.
This 2,700-square-foot office unit is configured for professional office use and is available for sale. The property is located at 1190 Regents Glen Boulevard in York, Pennsylvania.
Access to I-83 supports regional connectivity, while York College, Apple Hill, and York Hospital are nearby. The combination of a defined office setting and access to established local destinations provides a straightforward option for an office user or owner-occupant.
Access to I-83 supports regional connectivity, while York College, Apple Hill, and York Hospital are nearby. The combination of a defined office setting and access to established local destinations provides a straightforward option for an office user or owner-occupant.
Key Highlights
- 2,700‑square‑foot office unit
- Configured for professional office use
- Convenient access to I‑83
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$43,046
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.36%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$860,920
$860.9K
Cap Rate 7%
$614,943
$614.9K
Cap Rate 9%
$478,289
$478.3K
Market Conditions
NOI Build-Up for 2,700 SF
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.
Gross rent
$59.3K $21.96/SF
− Vacancy
−$1.9K −$0.70/SF
EGI
$57.4K $21.26/SF
− OpEx
−$14.3K −$5.31/SF
NOI
$43.0K $15.94/SF
Area
York County, PA
Vacancy
3.20%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$860,920
Cap Rate 7%
$614,943
Cap Rate 9%
$478,289
Alternative Uses
Best Use
Office B
$614.9K
$538.1K – $717.4K
NOI $43,046 @ 7.0% cap · market cap 7.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$781.7K
$684.0K – $912.0K
NOI $54,722 @ 7.0% cap · market cap 9.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
231
Businesses Nearby
Explore this area
Business Placement
Demographics for 17403, PA
40,344
Population
16,490
Households
2.4
Avg Household Size
37
Median Age
32%
College-Educated
89%
High-School Grad
20.6 sq mi
ZIP Area
1,958
Density / Sq Mi
$72,233
Median Household Income
$38,105
Median Earnings
$1,072
Median Rent
$206,900
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Office space offers access to I-83 and proximity to York College, Apple Hill, and York Hospital.
Where is this office units located?
The property is located at 1190 Regents Glen Boulevard York, PA.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: 2,700‑square‑foot office unit; Configured for professional office use; Convenient access to I‑83
