Office Building with Outdoor
New
For Sale
Contact for pricing
5000 Letterkenny Road, Chambersburg, PA 17201
36,000+/- SF office building offers flexible suites, ample onsite parking, and outdoor storage near major regional routes.
Property Size7,500 SF
Price / SF$292.67
Days on Market2
Property Features for 5000 Letterkenny Road
General Information
Standard status
Active
Size
7,500 SF
Property subtype
OFFICE
Additional Details
Highway Access
Yes
Amenities
outdoor storage
secure building
Building Details
Buildings
1
Building Size
36,000 SF
Tenancy
Multi
Listing Agency:
Landmark Commercial Realty
(717) 731-1990
Listed By:
Michael Rohm
(717) 400-1819
Source:
Moodyscre
Added: Jul 29
Changed: Jul 30
Last Checked: Jul 30 at 4:07PM
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 Landmark Commercial Realty
Investment Insights
Based on property information with market context.
5000 Letterkenny Road presents a 36,000+/- square foot office building designed to support a range of tenant needs. The property includes ample onsite parking, outdoor storage, and a secure building environment. Suite sizes range from 375 SF to 6,093 SF, giving businesses options for different office footprints.
Convenient access supports day-to-day operations and client travel, with the building located near I-81 as well as Route 11 and Route 30. This connectivity can help businesses serve customers and teams across the Central PA region.
Tenants also have the option for tailored renovations to customize their office suites, subject to mutually agreeable terms. The combination of flexible suite sizing and renovation flexibility is intended to accommodate evolving workplace requirements over time.
Convenient access supports day-to-day operations and client travel, with the building located near I-81 as well as Route 11 and Route 30. This connectivity can help businesses serve customers and teams across the Central PA region.
Tenants also have the option for tailored renovations to customize their office suites, subject to mutually agreeable terms. The combination of flexible suite sizing and renovation flexibility is intended to accommodate evolving workplace requirements over time.
Key Highlights
- 36,000+/- SF office building with suite sizes from 375 SF to 6,093 SF
- Outdoor storage on site
- Secure building with ample onsite parking
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 | $150.3k | $20.04 |
| − Vacancy | −$27.1k | −$3.61 |
| EGI | $123.2k | $16.43 |
| − OpEx | −$30.8k | −$4.11 |
| NOI | $92.4k | $12.32 |
7,500 SF · lease $20.04/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.32M
$1.16M – $1.54M
NOI $92,435 @ 7.0% cap · market cap 4.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.82M
$1.59M – $2.12M
NOI $127,296 @ 7.0% cap · market cap 5.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
72
Businesses Nearby
Explore this area
Business Placement
Demographics for 17201, PA
27,556
Population
12,749
Households
2.2
Avg Household Size
39
Median Age
28%
College-Educated
91%
High-School Grad
19.1 sq mi
ZIP Area
1,443
Density / Sq Mi
$59,645
Median Household Income
$42,500
Median Earnings
$1,109
Median Rent
$206,800
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 - 36,000+/- SF office building offers flexible suites, ample onsite parking, and outdoor storage near major regional routes.
Where is this office building located?
The property is located at 5000 Letterkenny Road Chambersburg, PA.
What is the asking price?
The asking price for this property is $2,195,000.
What are key features of this property?
This property features: 36,000+/- SF office building with suite sizes from 375 SF to 6,093 SF; Outdoor storage on site; Secure building with ample onsite parking