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    1770 Hempstead Rd Lancaster, PA 17601

    For Lease
    $23 SF/Yr

    Premier Corporate HQ, 24,000 SF Available

    Lot size:
    24,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional single-tenant executive office building, located at 1770 Hempstead Road in Lancaster, Pennsylvania, offers 24,000 square feet of modern, recently constructed office space. Currently, 23,938 square feet is available for lease. The building is a single-story structure situated in the Greenfield area, a prime location within Lancaster's business park zoning district. Its strategic location provides easy access to a variety of corporate and consumer amenities, creating an attractive and convenient work environment for employees. The property is ideal for a company seeking a prestigious and well-appointed headquarters location. The building's design and layout are well-suited for a single large tenant, offering significant space for operations and potential for customization. The address is 1770 Hempstead Rd, Lancaster, PA 17601. This presents a rare opportunity to secure a substantial, high-quality office space in a thriving business community. The property's size and location make it an excellent choice for a company seeking to establish or expand its presence in Lancaster, Pennsylvania. The building's modern design and amenities are sure to attract and retain top talent. Interested parties are encouraged to inquire for further details and to schedule a viewing.

    Property Features for 1770 Hempstead Rd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    24,000 SF
    Total Rate
    47000

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    Available space
    Size
    23,938 SF
    Rate per SF
    $23
    Property Profile Location Intelligence

    Current Use by Public Records

    Armstrong Floorinf Inc. Corporate Office Armstrong Flooring Headquarters Corporate Office

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Lancaster
    State
    Pennsylvania
    Longitude
    -76.2534336
    Latitude
    40.0506161

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    FAQs

    What type of property is this?
    Office Property / Space - Premier Corporate HQ, 24,000 SF Available
    Where is this office property / space located?
    The property is located at 1770 Hempstead Rd Lancaster, PA.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    Request Owner's contact information
    1770 Hempstead Rd Lancaster, PA 17601
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    Lancaster, PA 17601
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1770 Hempstead Rd Lancaster, PA 17601
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