Five-Suite Office
For Sale
$489,000
569 Easton Tpke, Lake Ariel, PA 18436
Updated commercial building with separately metered suites and on-site parking.
Property Size2,268 SF
Price / SF$215.61
Days on Market23
Property Features for 569 Easton Tpke
General Information
Standard status
Active
Size
2,268 SF
Additional Details
Utilities to Site
Yes
Office Units
5
Taxes and HOA fees
Annual Taxes
$6,410
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
CENTURY 21 Select Group - Lake Ariel
(570) 241-4940
Listed By:
Joseph Sledzinski · License #RS276411
(570) 241-4940
Source:
Exprealty
Added: Jul 18
Changed: Aug 9
Last Checked: Aug 9 at 9:56AM
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 CENTURY 21 Select Group - Lake Ariel
Investment Insights
Based on property information with market context.
This 2,268-square-foot office property is configured as five individual commercial suites, giving each occupant a defined operating area. Separate electric meters serve the suites, supporting distinct occupancy arrangements within the building. Recent improvements include a new roof, replacement windows, updated flooring, and fresh paint.
Parking is available along the side and rear of the building. Several suites are currently occupied, including spaces used by an accounting office and a hair salon, providing an established mix of commercial occupants.
Parking is available along the side and rear of the building. Several suites are currently occupied, including spaces used by an accounting office and a hair salon, providing an established mix of commercial occupants.
Key Highlights
- Five individual commercial suites within a 2,268‑square‑foot building
- Separate electric meter for each suite
- Side and rear parking areas
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
$31,756
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
6.49%
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%
$635,120
$635.1K
Cap Rate 7%
$453,657
$453.7K
Cap Rate 9%
$352,844
$352.8K
Market Conditions
NOI Build-Up for 2,268 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
$47.6K $21.00/SF
− Vacancy
−$5.3K −$2.33/SF
EGI
$42.3K $18.67/SF
− OpEx
−$10.6K −$4.67/SF
NOI
$31.8K $14.00/SF
Area
Wayne County, PA
Vacancy
11.10%
Lease Rate
$21.00 /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%
$635,120
Cap Rate 7%
$453,657
Cap Rate 9%
$352,844
Alternative Uses
Best Use
Office B
$453.7K
$397.0K – $529.3K
NOI $31,756 @ 7.0% cap · market cap 6.49%
Second Best
Retail
$388.6K
$340.1K – $453.4K
NOI $27,205 @ 7.0% cap · market cap 5.56%
Theoretical Best
Office A
$553.0K
$483.9K – $645.2K
NOI $38,712 @ 7.0% cap · market cap 7.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
5
Office units
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
200
Businesses Nearby
Explore this area
Business Placement
Demographics for 18436, PA
13,576
Population
9,747
Households
1.4
Avg Household Size
51
Median Age
20%
College-Educated
92%
High-School Grad
98.8 sq mi
ZIP Area
137
Density / Sq Mi
$73,209
Median Household Income
$36,675
Median Earnings
$890
Median Rent
$222,000
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 units - Updated commercial building with separately metered suites and on-site parking.
Where is this office units located?
The property is located at 569 Easton Tpke Lake Ariel, PA.
What is the asking price?
The asking price for this property is $489,000.
What are key features of this property?
This property features: Five individual commercial suites within a 2,268‑square‑foot building; Separate electric meter for each suite; Side and rear parking areas
