Multi-Tenant Medical Office
3375 Carlisle Rd Gardners, PA 17324
New
For Sale
$1,195,000
Four well-maintained suites with major renovations completed in 2020 across three units.
Property Size9,566 SF
Price / SF$124.92
Days on Market4
Property Features for 3375 Carlisle Rd
General Information
- Standard status
- Active
- Size
- 9,566 SF
Building Details
- Year Built
- 1985
Listing Agency:
Keller Williams of Central PA
(717) 249-1844
Listed By:
Matthew D Madden · License #AB067554
Source:
Kandorre
Added: Jul 20
Changed: Jul 21
Last Checked: Jul 23 at 5:13AM
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
Investment Insights
Based on property information with market context.
This well-maintained four-unit property is configured for professional use, with major renovations completed in 2020 for three of the four suites. The current tenant mix includes a primary care practice, a dentist, an optometrist, and a church office.
The building is positioned for convenient access to Carlisle and Gettysburg. One primary tenant has a lease in place until 2031, with options to renew.
The offering presents an in-place income stream with continued occupancy supported by the existing lease structure.
The building is positioned for convenient access to Carlisle and Gettysburg. One primary tenant has a lease in place until 2031, with options to renew.
The offering presents an in-place income stream with continued occupancy supported by the existing lease structure.
Key Highlights
- Four‑unit multi‑tenant property built in 1985
- Major renovations completed in 2020 across 3 of the 4 suites
- Current tenants include Primary Care, Dentist, Optometrist, and a church office
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 | $172.2k | $18.00 |
| − Vacancy | −$34.4k | −$3.60 |
| EGI | $137.8k | $14.40 |
| − OpEx | −$34.4k | −$3.60 |
| NOI | $103.3k | $10.80 |
9,566 SF · lease $18.00/SF/yr · vacancy 20.00% · expense 25.00%
Alternative Uses
Best Use
Healthcare Medical
$1.68M
$1.47M – $1.96M
NOI $117,863 @ 7.0% cap · market cap 9.86%
Second Best
Office B
$1.48M
$1.29M – $1.72M
NOI $103,313 @ 7.0% cap · market cap 8.65%
Theoretical Best
Specialty Retail
$1.76M
$1.54M – $2.06M
NOI $123,330 @ 7.0% cap · market cap 10.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Bettina McBeth DMD ...
Dental Office
Adams Cumberland Vision ...
Physician
Don E. Stoken, ...
Physician
ORVILLE G MCBETH ...
Physician
Keystone Agricultural Worker ...
Community Health Centre
FAQs
What type of property is this?
Medical Office Space - Four well-maintained suites with major renovations completed in 2020 across three units.
Where is this medical office space located?
The property is located at 3375 Carlisle Rd Gardners, PA.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: Four‑unit multi‑tenant property built in 1985; Major renovations completed in 2020 across 3 of the 4 suites; Current tenants include Primary Care, Dentist, Optometrist, and a church office
