Medical Office Space with Dental
For Sale
Contact for pricing
712 S Logan Blvd, Hollidaysburg, PA 16648
Well-maintained medical office with two professional suites, expanded parking, and dedicated lobby space.
Property Size5,094 SF
Price / SF$176.68
Days on Market1414
Property Features for 712 S Logan Blvd
General Information
Standard status
Active
Size
5,094 SF
Property subtype
OFFICE
Additional Details
Office Units
2
Building Details
Buildings
1
Listing Agency:
Lee & Associates | Central Pennsylvania
(717) 695-3840
Listed By:
Bradley Swidler · License #RS205686L
(717) 208-8669
Source:
Moodyscre
Added: Dec 14, 2022
Changed: Oct 25
Last Checked: Oct 26 at 3:37PM
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 Lee & Associates | Central Pennsylvania
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Investment Insights
Based on property information with market context.
Well-maintained medical office offering approximately 5,094 SF of available space. The building features a 12’ x 12’ lobby and two professional office suites designed for dental and related clinical functions. The main suite includes a reception area, ten dental exam rooms, a utility room, dental lab, office, lounge/lunch room, laundry room, conference room, sterilization room, dark room, radiation area, and 2.5 baths. The second suite offers a waiting room/receptionist area, a lab/office, an exam room, lunch room, and a .5 bath.
The property is described as located in a rapid growth area and includes expanded parking. A long-term lease is indicated.
This configuration supports an organized patient flow with exam-room capacity in the main suite and additional exam and lab-related space in the second suite.
The property is described as located in a rapid growth area and includes expanded parking. A long-term lease is indicated.
This configuration supports an organized patient flow with exam-room capacity in the main suite and additional exam and lab-related space in the second suite.
Key Highlights
- Approximately 5,094 SF of available medical office space
- 12’ x 12’ lobby plus two professional office suites
- Main suite includes ten dental exam rooms and a dental lab
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,729
Cap Rate
6.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,174,580
$1.2M
Cap Rate 7%
$838,986
$839.0K
Cap Rate 9%
$652,544
$652.5K
Market Conditions
NOI Build-Up for 5,094 SF
Gross rent
$107.0K $21.00/SF
− Vacancy
−$9.1K −$1.79/SF
EGI
$97.9K $19.22/SF
− OpEx
−$39.2K −$7.69/SF
NOI
$58.7K $11.53/SF
Area
Blair County, PA
Vacancy
8.50%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,174,580
Cap Rate 7%
$838,986
Cap Rate 9%
$652,544
Alternative Uses
Best Use
Healthcare Medical
$839.0K
$734.1K – $978.8K
NOI $58,729 @ 7.0% cap · market cap 6.53%
Second Best
Office B
$737.2K
$645.1K – $860.1K
NOI $51,604 @ 7.0% cap · market cap 5.73%
Theoretical Best
Warehouse
$6.19M
$5.41M – $7.22M
NOI $433,104 @ 7.0% cap · market cap 48.12%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Office units
Location Intelligence
Trade Area within ½ mile
197
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 16648, PA
15,149
Population
6,849
Households
2.2
Avg Household Size
48
Median Age
40%
College-Educated
96%
High-School Grad
60.0 sq mi
ZIP Area
252
Density / Sq Mi
$76,149
Median Household Income
$45,044
Median Earnings
$1,062
Median Rent
$215,300
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Well-maintained medical office with two professional suites, expanded parking, and dedicated lobby space.
Where is this medical office space located?
The property is located at 712 S Logan Blvd Hollidaysburg, PA.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Approximately 5,094 SF of available medical office space; 12’ x 12’ lobby plus two professional office suites; Main suite includes ten dental exam rooms and a dental lab
