Camp Hill Market Street
3900 Market St Camp Hill, PA 17011
3900 Market St, Camp Hill, PA, 17011
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For Sale
Contact for pricing
Fully leased commercial property on Market Street in Camp Hill.
Property Size4,500 SF
Price / SF$411.11
Days on Market985
Property Features for 3900 Market St
General Information
- Standard status
- Active
- Size
- 4,500 SF
- Property subtype
- Office
Building Details
- Year Built
- 2022
Listing Agency
Coldwell Banker Reality
(717) 599-9441
Listed by
Leslie St. John · License #RS290000
Source
Crexi
Added: Nov 8, 2023 Updated: Jul 10 at 3:44 pm Checked: Jul 20 at 2:02 am
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 Coldwell Banker Reality
Investment Insights
Based on property information with market context.
Located on Market Street in Camp Hill, PA, this fully leased property offers a 3.04% CAP rate, which will include rent bumps. The new contemporary building features an architecturally chic design with ample natural light. Each floor includes a restroom, and the reception area has a coffee bar. The building is designed to suit occupants, with different layouts available to view to an array of needs. Rear spaces offer views of the Conodoguinet Creek. The property is suitable for office, medical, or light retail use in a prime location. Available space to be leased is a minimum of 1500 square feet on each floor, with a total of 4500 square feet. The location benefits from a vast range of local demographics, traffic counts, visibility, and easy access on and off of Market Street. Commercial limited use allows for daycare, professional offices such as medical and dental, financial services, and personal services. Many other retailers and office buildings are in the vicinity on the Carlisle Pike, and the property is close to Penn State Health at Holy Spirit and Pinnacle Health Services.
Key Highlights
- Prime location on Market Street in Camp Hill, PA, offering high visibility and easy access.
- New, contemporary, architecturally chic building built in 2022.
- Fully leased with a 3.04% CAP rate, including rent bumps, providing immediate income.
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 | $81.0k | $18.00 |
| − Vacancy | −$4.8k | −$1.06 |
| EGI | $76.2k | $16.94 |
| − OpEx | −$19.1k | −$4.23 |
| NOI | $57.2k | $12.70 |
4,500 SF · lease $18.00/SF/yr · vacancy 5.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$816.7K
$714.6K – $952.8K
NOI $57,166 @ 7.0% cap · market cap 3.09%
Second Best
Healthcare Medical
$653.3K
$571.7K – $762.2K
NOI $45,733 @ 7.0% cap · market cap 2.47%
Theoretical Best
Office A
$1.05M
$914.7K – $1.22M
NOI $73,172 @ 7.0% cap · market cap 3.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
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FAQs
What type of property is this?
Office building - Fully leased commercial property on Market Street in Camp Hill.
Where is this office building located?
The property is located at 3900 Market St Camp Hill, PA.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Prime location on Market Street in Camp Hill, PA, offering high visibility and easy access.; New, contemporary, architecturally chic building built in 2022.; Fully leased with a 3.04% CAP rate, including rent bumps, providing immediate income.