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 Market16
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
(570) 431-7400
Listed By:
Brian Coyne · License #PA AB068391
Source:
Crexi
Added: Jul 29
Changed: Aug 12
Last Checked: Aug 11 at 11:51AM
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
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 = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$98,558
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.21%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
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.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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.
Property Analytics
Property Profile
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
393
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
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 - 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
