Single-Tenant Office
For Sale
Contact for pricing
Pending
3240 Schoolhouse Rd, Middletown, PA 17057
The Commonwealth of Pennsylvania occupies the entire building under a long-term lease with scheduled rent growth.
Property SizeContact for details
Days on Market144
Property Features for 3240 Schoolhouse Rd
General Information
Standard status
Pending
Property subtype
Mixed Use
Occupancy
100%
Additional Details
Highway Access
Yes
Amenities
emergency generator
car charging stations
AV conference room
Building Details
Tenancy
Single
Owner Occupied
No
Abandoned
No
Listing Agency:
Forged Real Estate
Listed By:
Marco DiPrinzio · License #327764
(610) 608-2621
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 31 at 6:55PM
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 Forged Real Estate
Investment Insights
Based on property information with market context.
This single-tenant office property is fully occupied by the Commonwealth of Pennsylvania’s Department of Conservation and Natural Resources. The agency expanded from partial occupancy beginning in 2001 and now uses 100% of the building. A 2022 lease provides 8.5+ years of firm term remaining, with a 16.67% increase to base rent scheduled for 2027. Additional rent reimburses real estate taxes, utilities, trash removal, insurance, and janitorial services, with annual increases of up to five percent tied to CPI.
Capital work completed since 2017 includes HVAC updates, a roof replacement with a 20-Year warranty, an emergency generator, lighting improvements, electric vehicle charging stations, and parking lot resealing and restriping. The building also includes an AV conference room used by multiple Commonwealth departments.
The property is seconds from State Route 283, which carries 35,900 VPD, and is just under 9 miles from Downtown Harrisburg. Interstate Highway 76 is under three and one-half miles away and carries 34,600 VPD.
Capital work completed since 2017 includes HVAC updates, a roof replacement with a 20-Year warranty, an emergency generator, lighting improvements, electric vehicle charging stations, and parking lot resealing and restriping. The building also includes an AV conference room used by multiple Commonwealth departments.
The property is seconds from State Route 283, which carries 35,900 VPD, and is just under 9 miles from Downtown Harrisburg. Interstate Highway 76 is under three and one-half miles away and carries 34,600 VPD.
Key Highlights
- 100% occupied by the Pennsylvania Department of Conservation and Natural Resources
- 8.5+ years of firm lease term remaining with a 16.67% base‑rent increase in 2027
- Capital improvements since 2017 include HVAC, roof, generator, lighting, charging stations, and parking lot work
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
111
Businesses Nearby
Explore this area
Business Placement
Demographics for 17057, PA
23,112
Population
10,513
Households
2.2
Avg Household Size
39
Median Age
27%
College-Educated
94%
High-School Grad
31.1 sq mi
ZIP Area
743
Density / Sq Mi
$70,536
Median Household Income
$42,948
Median Earnings
$1,122
Median Rent
$187,300
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 building - The Commonwealth of Pennsylvania occupies the entire building under a long-term lease with scheduled rent growth.
Where is this office building located?
The property is located at 3240 Schoolhouse Rd Middletown, PA.
What are key features of this property?
This property features: 100% occupied by the Pennsylvania Department of Conservation and Natural Resources; 8.5+ years of firm lease term remaining with a 16.67% base‑rent increase in 2027; Capital improvements since 2017 include HVAC, roof, generator, lighting, charging stations, and parking lot work
