Flex Building with Grade-Level
For Sale
Contact for pricing
6069 Main Street, East Petersburg, PA 17520
Masonry flex building includes functional office space, practical storage/work areas, and grade-level doors with on-site parking.
Property Size6,122 SF
Price / SF$129.86
Days on Market75
Property Features for 6069 Main Street
General Information
Standard status
Active
Size
6,122 SF
Class
B
Total Parking Spaces
10
Property subtype
Office
Zoning
Neighborhood Commercial
Investment Type
Owner/User
Building Details
Year Built
1961
Stories
2
Construction
masonry
Listing Agency:
U.S. Commercial Realty
Listed By:
Daniel Berger Jr. · License #PA AB068331
(717) 735-6000
Source:
Crexi
Added: Jul 8
Changed: Sep 9
Last Checked: Sep 19 at 9:16AM
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 U.S. Commercial Realty
Investment Insights
Based on property information with market context.
This flex building combines functional office space with practical storage and work areas, designed for businesses that need both front-office capability and back-of-house utility. The building is masonry constructed and supported by grade-level doors for straightforward access to the work and storage areas.
The property is located at 6069 Main Street in East Petersburg, PA 17520 and is described as having prominent Route 72/Main Street visibility, supporting a strong street presence for an owner-user. On-site parking is available for multiple vehicles, adding convenience for day-to-day operations.
The layout supports mixed-use activity within a single facility, pairing office space with warehouse-style access through the grade-level doors.
The property is located at 6069 Main Street in East Petersburg, PA 17520 and is described as having prominent Route 72/Main Street visibility, supporting a strong street presence for an owner-user. On-site parking is available for multiple vehicles, adding convenience for day-to-day operations.
The layout supports mixed-use activity within a single facility, pairing office space with warehouse-style access through the grade-level doors.
Key Highlights
- Masonry flex building built in 1961
- Includes functional office space plus practical storage and work areas
- Grade‑level doors for easy loading and access
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
$41,402
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
5.21%
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%
$828,040
$828.0K
Cap Rate 7%
$591,457
$591.5K
Cap Rate 9%
$460,022
$460.0K
Market Conditions
NOI Build-Up for 6,122 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
$52.8K $8.62/SF
− Vacancy
−$4.1K −$0.66/SF
EGI
$48.7K $7.96/SF
− OpEx
−$7.3K −$1.19/SF
NOI
$41.4K $6.76/SF
Area
Lancaster County, PA
Vacancy
7.70%
Lease Rate
$8.62 /SF/Yr
Expense Ratio
15.00%
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%
$828,040
Cap Rate 7%
$591,457
Cap Rate 9%
$460,022
Alternative Uses
Best Use
Office B
$1.45M
$1.27M – $1.69M
NOI $101,355 @ 7.0% cap · market cap 12.75%
Second Best
Warehouse
$591.5K
$517.5K – $690.0K
NOI $41,402 @ 7.0% cap · market cap 5.21%
Theoretical Best
Office A
$2.05M
$1.80M – $2.39M
NOI $143,606 @ 7.0% cap · market cap 18.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
338
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 17520, PA
4,863
Population
2,221
Households
2.2
Avg Household Size
41
Median Age
35%
College-Educated
93%
High-School Grad
1.8 sq mi
ZIP Area
2,702
Density / Sq Mi
$86,489
Median Household Income
$42,355
Median Earnings
$1,370
Median Rent
$252,800
Median Home Value
Check the figures for this property
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Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Flex space - Masonry flex building includes functional office space, practical storage/work areas, and grade-level doors with on-site parking.
Where is this flex space located?
The property is located at 6069 Main Street East Petersburg, PA.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Masonry flex building built in 1961; Includes functional office space plus practical storage and work areas; Grade‑level doors for easy loading and access
