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171 Technology Dr Boalsburg, PA 16827

For Sale
$650,000

Fully occupied flex space, prime location

Property size:
16,892 SF

Description

Added:
Dec 11, 2024
Days on Market:
366
This exceptional investment opportunity presents a fully occupied, multi-tenant flex space totaling 16,892 square feet, situated at 171 Technology Drive in Boalsburg, Pennsylvania, 16827. The property, built in 1960 and boasting a Light Industrial zoning permit, comprises a single, two-story building with eight individual units, each currently leased. The asking price is $650,000, translating to $38.48 per square foot and $81,250 per unit. The property enjoys 100% occupancy with a gross lease structure. Eight tenants currently occupy the space, many with long-term leases extending to February 29, 2028. The building features an 8-foot ceiling height. Its strategic location at the Boalsburg interchange of US Route 22/US Route 322 ensures high visibility and accessibility, making it an ideal investment in the thriving central Pennsylvania market near State College. The property's parcel number is 25-013-,113-,0001-. This is a rare chance to acquire a stable, high-performing commercial property with significant long-term potential. No ground lease is in place.

Property Features for 171 Technology Dr

General Information

Property type
Flex space
Square Feet
16,892 SF

Building Details

Year Built
1960
Buildings
1
Stories
2
Units
8

HighLights

  • 100% Occupancy.
  • Strong tenant base with long‑term leases, extending to February 29, 2028.
  • Boalsburg Interchange location on US Route 22/US Route 322.
  • High visibility on a major highway interchange.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

UFIT THRIVE Physical Therapist PrinterMech Toner Cartridge Supplier 1-Tom-Plumber Plumber State College Community ... Performing Arts Theater Michael L Norris ... Engineering Consultant

Suggested Use

Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Clothing Store Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Boalsburg
County
Centre
State
Pennsylvania
Longitude
-77.7764532
Latitude
40.7785296

FAQs

What type of property is this?
Flex space - Fully occupied flex space, prime location
Where is this flex space located?
The property is located at 171 Technology Dr Boalsburg, PA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 100% Occupancy.; Strong tenant base with long-term leases, extending to February 29, 2028.; Boalsburg Interchange location on US Route 22/US Route 322.
More about this property
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