Office Unit with Convenient
For Sale
Contact for pricing
1710 RITNER HIGHWAY, Carlisle, PA 17013
Flexible commercial space near downtown Carlisle with utilities included and access to on-site parking.
Property Size41,624 SF
Price / SF$0.06
Days on Market55
Property Features for 1710 RITNER HIGHWAY
General Information
Standard status
Active
Size
41,624 SF
Property subtype
Commercial
Additional Details
Highway Access
Yes
Building Details
Year Built
1965
Listing Agency:
Keller Williams of Central PA
(717) 761-4300
Listed By:
DENNIS ECKMAN · License #RS272185
(717) 385-7924
Source:
Cummingsrealtors
Added: Aug 23
Changed: Oct 15
Last Checked: Oct 16 at 9:55AM
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 Keller Williams of Central PA
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Investment Insights
Based on property information with market context.
This office unit is part of a commercial property constructed in 1965 and offers approximately 1,350 square feet for professional, service, or retail-oriented use. Utilities are included, while occupants are responsible for renters and liability insurance coverage. A minimum one-year lease applies, with longer terms subject to landlord consideration.
The property is located about 5–7 minutes from downtown Carlisle and approximately 5–7 minutes from the Allen Road exit of I-81. Nearby professional, distribution, and manufacturing companies provide an established employment presence in the surrounding area. Convenient parking is available on site.
The property is located about 5–7 minutes from downtown Carlisle and approximately 5–7 minutes from the Allen Road exit of I-81. Nearby professional, distribution, and manufacturing companies provide an established employment presence in the surrounding area. Convenient parking is available on site.
Key Highlights
- Approximately 1,350 square feet of commercial space
- Utilities included in occupancy costs
- Convenient on‑site parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$400,689
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,013,780
$8.0M
Cap Rate 7%
$5,724,129
$5.7M
Cap Rate 9%
$4,452,100
$4.5M
Market Conditions
NOI Build-Up for 41,624 SF
Gross rent
$599.4K $14.40/SF
− Vacancy
−$27.0K −$0.65/SF
EGI
$572.4K $13.75/SF
− OpEx
−$171.7K −$4.13/SF
NOI
$400.7K $9.63/SF
Area
Cumberland County, PA
Vacancy
4.50%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,013,780
Cap Rate 7%
$5,724,129
Cap Rate 9%
$4,452,100
Alternative Uses
Best Use
Office B
$7.55M
$6.61M – $8.81M
NOI $528,770 @ 7.0% cap · market cap 22,990.00%
Second Best
Retail
$5.72M
$5.01M – $6.68M
NOI $400,689 @ 7.0% cap · market cap 17,421.26%
Theoretical Best
Office A
$9.67M
$8.46M – $11.28M
NOI $676,826 @ 7.0% cap · market cap 29,427.22%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
183
Businesses Nearby
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Business Placement
Demographics for 17013, PA
36,578
Population
16,065
Households
2.3
Avg Household Size
39
Median Age
34%
College-Educated
93%
High-School Grad
39.2 sq mi
ZIP Area
933
Density / Sq Mi
$68,150
Median Household Income
$36,336
Median Earnings
$1,018
Median Rent
$221,800
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office units - Flexible commercial space near downtown Carlisle with utilities included and access to on-site parking.
Where is this office units located?
The property is located at 1710 RITNER HIGHWAY Carlisle, PA.
What are key features of this property?
This property features: Approximately 1,350 square feet of commercial space; Utilities included in occupancy costs; Convenient on‑site parking
