Professional Office
For Sale
Contact for pricing
940 CENTURY DRIVE, Mechanicsburg, PA 17055
Office suite available in a professional business park with easy access to Route 15 and the PA Turnpike.
Property Size1,200 SF
Price / SF$1.38
Days on Market103
Property Features for 940 CENTURY DRIVE
General Information
Standard status
Active
Size
1,200 SF
Property subtype
Commercial
Additional Details
Highway Access
Yes
Building Details
Year Built
1985
Listing Agency:
Campbell Commercial Partners LLC
Listed By:
Arthur D Campbell · License #RM425576
(717) 737-6161
Source:
Cummingsrealtors
Added: Jul 20
Changed: Oct 29
Last Checked: Oct 28 at 7:41AM
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 Campbell Commercial Partners LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Available for sale is a 1,200+/- SF office suite. The space is set within a professional business park.
The property offers easy access to Route 15 and the PA Turnpike. Nearby employers and neighbors include UPMC, OSS, PA American Water, Bethany Village, and Select Medical.
This is a straightforward office configuration suited for professional use within an established local office environment.
The property offers easy access to Route 15 and the PA Turnpike. Nearby employers and neighbors include UPMC, OSS, PA American Water, Bethany Village, and Select Medical.
This is a straightforward office configuration suited for professional use within an established local office environment.
Key Highlights
- 1,200+/- SF office suite available in a professional business park
- Year built: 1985
- Easy access to Route 15 and the PA Turnpike
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,244
Suggested Prices Based on Cap Rates
Cap Rate 5%
$304,880
$304.9K
Cap Rate 7%
$217,771
$217.8K
Cap Rate 9%
$169,378
$169.4K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$21.6K $18.00/SF
− Vacancy
−$1.3K −$1.06/SF
EGI
$20.3K $16.94/SF
− OpEx
−$5.1K −$4.23/SF
NOI
$15.2K $12.70/SF
Area
Cumberland County, PA
Vacancy
5.90%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$304,880
Cap Rate 7%
$217,771
Cap Rate 9%
$169,378
Alternative Uses
Best Use
Office B
$217.8K
$190.6K – $254.1K
NOI $15,244 @ 7.0% cap · market cap 923.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$278.8K
$243.9K – $325.2K
NOI $19,513 @ 7.0% cap · market cap 1,182.61%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
608
Businesses Nearby
Explore this area
Business Placement
Demographics for 17055, PA
40,353
Population
18,994
Households
2.1
Avg Household Size
42
Median Age
47%
College-Educated
97%
High-School Grad
39.2 sq mi
ZIP Area
1,029
Density / Sq Mi
$95,542
Median Household Income
$55,923
Median Earnings
$1,320
Median Rent
$266,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Office suite available in a professional business park with easy access to Route 15 and the PA Turnpike.
Where is this office unit located?
The property is located at 940 CENTURY DRIVE Mechanicsburg, PA.
What are key features of this property?
This property features: 1,200+/- SF office suite available in a professional business park; Year built: 1985; Easy access to Route 15 and the PA Turnpike
