Camp Hill Market Street
For Sale
$1,850,000
3900 Market, Camp Hill, PA 17011
Fully leased commercial property on Market Street in Camp Hill.
Property Size4,560 SF
Price / SF$405.70
Days on Market215
Property Features for 3900 Market
General Information
Standard status
Active
Size
4,560 SF
Building Details
Year Built
2024
Listing Agency:
Coldwell Banker Realty
Listed By:
LESLIE ST. JOHN · License #RS290000
(717) 599-9441
Source:
Kandorre
Added: Mar 26
Changed: Oct 25
Last Checked: Oct 7 at 2:28PM
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 Realty
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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.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,928
Cap Rate
3.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,158,560
$1.2M
Cap Rate 7%
$827,543
$827.5K
Cap Rate 9%
$643,644
$643.6K
Market Conditions
NOI Build-Up for 4,560 SF
Gross rent
$82.1K $18.00/SF
− Vacancy
−$4.8K −$1.06/SF
EGI
$77.2K $16.94/SF
− OpEx
−$19.3K −$4.23/SF
NOI
$57.9K $12.70/SF
Area
Cumberland County, PA
Vacancy
5.90%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,158,560
Cap Rate 7%
$827,543
Cap Rate 9%
$643,644
Alternative Uses
Best Use
Office B
$827.5K
$724.1K – $965.5K
NOI $57,928 @ 7.0% cap · market cap 3.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.06M
$926.9K – $1.24M
NOI $74,148 @ 7.0% cap · market cap 4.01%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
919
Businesses Nearby
Explore this area
Business Placement
Demographics for 17011, PA
36,184
Population
14,999
Households
2.4
Avg Household Size
41
Median Age
44%
College-Educated
92%
High-School Grad
13.1 sq mi
ZIP Area
2,762
Density / Sq Mi
$88,889
Median Household Income
$52,518
Median Earnings
$1,270
Median Rent
$261,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
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 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.
