1355 Veterans Memorial Dr Jessup, PA 18434
6,000 sq ft office space ideal for medical or professional.
Property Features for 1355 Veterans Memorial Dr
General Information
- Standard status
- Active
- Size
- 6,000 SF
- Property subtype
- Office
Building Details
- Year Built
- 2006
Listing office Real of Pennsylvania
Listing date May 18, 2026
Source Crexi
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Investment Insights
Based on property information with market context.
Key Highlights
- Expansive 3,000 sq ft of prime office space.
- Currently configured as a physician's office with 5 exam rooms and multiple private offices.
- Functional and versatile layout ideal for medical, professional, or service‑based use.
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 | $120.2k | $20.04 |
| − Vacancy | −$17.4k | −$2.91 |
| EGI | $102.8k | $17.13 |
| − OpEx | −$25.7k | −$4.28 |
| NOI | $77.1k | $12.85 |
