2001 S Valley Pkwy Wilkes Barre, PA 18706

Listing agency SRS Real Estate Partners Salt Lake City p***@srsre.com Show Phone

Listed by Jack Cornell · License #UT 9518385-SA00

Source Crexi

Added: Apr 11 Updated: Jul 22 at 6:37AM Checked: Jul 22 at 6:37AM

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Investment Insights

Based on property information with market context.

Pennsylvania State Police Northeast Regional Headquarters offers fee simple ownership of a modern office facility completed in 2020 and opened in March 2021. The property has undergone additional improvements in 2022, including a new gun range and HVAC system. The current lease is a full-service gross structure with landlord responsible for taxes, insurance, and maintenance, while the tenant reimburses a fixed amount of $6.62 PSF per year (2023). The lease includes two (5-year) option terms and commenced in Q1 2021.

Located just off State Highway 29, the site provides immediate nearby direct on/off-ramp access. The provided figures include 16,000 vehicles per day on State Highway 29 and 63,700 vehicles per day on Interstate 81. The property is described as a consolidation point for state police facilities previously located in Wyoming, PA and in Forty Fort.

The property provides a purpose-built platform for a regional headquarters expected to employ approximately 170 people under the current lease structure.

Key Highlights

• Fee simple ownership of Pennsylvania State Police Northeast Regional Headquarters in Hanover Township, PA
• Brand new 20‑year lease commenced Q1 2021; Commonwealth of Pennsylvania signed the lease
• Property built in 2020 and opened in March 2021

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FAQs

What type of property is this?

Office building - Modern office headquarters with a brand-new 20-year lease, built in 2020 and operational since March 2021.

Where is this office building located?

The property is located at 2001 S Valley Pkwy Wilkes Barre, PA.

What are key features of this property?

This property features: Fee simple ownership of Pennsylvania State Police Northeast Regional Headquarters in Hanover Township, PA; Brand new 20‑year lease commenced Q1 2021; Commonwealth of Pennsylvania signed the lease; Property built in 2020 and opened in March 2021