Camp Hill Contemporary Office
For Sale
Contact for pricing
3860 Market Street, Camp Hill, PA 17011
Contemporary office building in Camp Hill, 100% occupied.
Property Size3,546 SF
Price / SF$423.01
Days on Market994
Property Features for 3860 Market Street
General Information
Standard status
Active
Size
3,546 SF
Property subtype
Office
Building Details
Year Built
2023
Listing Agency:
Coldwell Banker Reality
(717) 599-9441
Listed By:
Leslie St. John · License #RS290000
Source:
Crexi
Added: Nov 9, 2023
Changed: Jul 10
Last Checked: Jul 29 at 4:50PM
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 Coldwell Banker Reality
Investment Insights
Based on property information with market context.
This contemporary building located on Market Street in Camp Hill is 100% occupied. The architecturally chic design offers an abundance of natural light. The property features a restroom on each floor and a coffee bar in the reception area. The layouts are designed to suit occupants and cater to an array of needs. The rear spaces of the building provide views of the Conodoguinet Creek. The property is suitable for office, medical, or light retail use. The available space for lease is a minimum of 1500 square feet on each floor, with a total of 4500 square feet. The location benefits from a vast range of local demographics, high traffic counts, visibility, and easy access to and from Market Street. The property size is 3546 square feet.
Key Highlights
- Prime location on Market Street with high visibility and easy access.
- New, contemporary building (built in 2023) with architecturally chic design and abundant natural light.
- 100% occupied, indicating high demand and desirability.
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 | $63.8k | $18.00 |
| − Vacancy | −$3.8k | −$1.06 |
| EGI | $60.1k | $16.94 |
| − OpEx | −$15.0k | −$4.23 |
| NOI | $45.0k | $12.70 |
3,546 SF · lease $18.00/SF/yr · vacancy 5.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$643.5K
$563.1K – $750.8K
NOI $45,047 @ 7.0% cap · market cap 3.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$823.7K
$720.8K – $961.0K
NOI $57,660 @ 7.0% cap · market cap 3.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,248
Businesses Nearby
Explore this area
Business Placement
Demographics for 17011, PA
36,184
Population
14,999
Households
2.4
Avg Household Size
41
Median Age
44%
College-Educated
92%
High-School Grad
13.1 sq mi
ZIP Area
2,762
Density / Sq Mi
$88,889
Median Household Income
$52,518
Median Earnings
$1,270
Median Rent
$261,900
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 - Contemporary office building in Camp Hill, 100% occupied.
Where is this office building located?
The property is located at 3860 Market Street Camp Hill, PA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Prime location on Market Street with high visibility and easy access.; New, contemporary building (built in 2023) with architecturally chic design and abundant natural light.; 100% occupied, indicating high demand and desirability.
