Two-Unit Medical Office
For Sale
Contact for pricing
526 Independence Road, East Stroudsburg, PA 18301
Independent entrances and utilities support distinct occupancy arrangements within the two-level professional office property.
Property Size6,272 SF
Price / SF$191.33
Days on Market99
Property Features for 526 Independence Road
General Information
Standard status
Active
Size
6,272 SF
Class
A
Total Parking Spaces
12
Property subtype
Office
Zoning
Commercial
Occupancy
50%
Lease Type
NNN
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Additional Details
Office Units
2
Building Details
Year Built
2005
Buildings
1
Units
2
Tenancy
Multi
Listing Agency:
SER Commercial Real Estate
Listed By:
Brian Coyne · License #PA AB068391
(570) 350-3106
Source:
Crexi
Added: Jul 29
Changed: Oct 25
Last Checked: Nov 3 at 5:39AM
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 SER Commercial Real Estate
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Investment Insights
Based on property information with market context.
Built in 2005, this 6,272-square-foot office building contains two separately configured units suited to medical or professional office use. Each unit has its own grade-level entrance, while separate utilities and two parking areas support independent operations. The lower level is leased to a dentist, and the upper level is available for owner occupancy or leasing.
The property is located on Independence Road near I-80 Exit 309 and SR447. The surrounding area includes medical practices and regional health systems, providing a professional healthcare-oriented setting for the building.
The property is located on Independence Road near I-80 Exit 309 and SR447. The surrounding area includes medical practices and regional health systems, providing a professional healthcare-oriented setting for the building.
Key Highlights
- 6,272‑square‑foot office building constructed in 2005
- Two separate medical or professional office units
- Lower level leased to a dentist; upper level available
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$98,558
Cap Rate
8.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,971,160
$2.0M
Cap Rate 7%
$1,407,971
$1.4M
Cap Rate 9%
$1,095,089
$1.1M
Market Conditions
NOI Build-Up for 6,272 SF
Gross rent
$150.5K $24.00/SF
− Vacancy
−$19.1K −$3.05/SF
EGI
$131.4K $20.95/SF
− OpEx
−$32.9K −$5.24/SF
NOI
$98.6K $15.71/SF
Area
Monroe County, PA
Vacancy
12.70%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,971,160
Cap Rate 7%
$1,407,971
Cap Rate 9%
$1,095,089
Alternative Uses
Best Use
Office B
$1.41M
$1.23M – $1.64M
NOI $98,558 @ 7.0% cap · market cap 8.21%
Second Best
Healthcare Medical
$1.07M
$934.8K – $1.25M
NOI $74,782 @ 7.0% cap · market cap 6.23%
Theoretical Best
Office A
$1.88M
$1.64M – $2.19M
NOI $131,411 @ 7.0% cap · market cap 10.95%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
2
Office units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
610
Businesses Nearby
Explore this area
Business Placement
Demographics for 18301, PA
29,184
Population
11,125
Households
2.6
Avg Household Size
37
Median Age
34%
College-Educated
89%
High-School Grad
38.1 sq mi
ZIP Area
766
Density / Sq Mi
$90,488
Median Household Income
$40,202
Median Earnings
$1,350
Median Rent
$246,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - Independent entrances and utilities support distinct occupancy arrangements within the two-level professional office property.
Where is this office building located?
The property is located at 526 Independence Road East Stroudsburg, PA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 6,272‑square‑foot office building constructed in 2005; Two separate medical or professional office units; Lower level leased to a dentist; upper level available
