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    1019 Ghaner Dr State College, PA 16803

    For Lease
    $204 SF/Yr

    Prime Office Space near Geisinger

    Lot size:
    13,328 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional two-story, 13,328 square foot office building, constructed in 2012, offers a unique leasing opportunity in the desirable Grays Woods area of Centre County. Located conveniently across from Geisinger Medical Center at Grays Woods Blvd and easily accessible from I-99, this property boasts high visibility and convenient access. The building features a total of 13,328 square feet, with 5,269 square feet currently available for lease. The remaining space is a single, second-floor office suite, approximately 3,169 square feet (final square footage to be determined after build-out). An elevator ensures convenient access for clients and visitors. The office space is bright and airy, featuring high ceilings and banded windows that allow ample natural light. The building sits on a 3.91-acre lot and includes amenities such as a triple net lease with a CAM of $4 per square foot. This CAM covers taxes, exterior and interior common area maintenance, common area insurance, lawn care, and snow removal. This energy-efficient building presents a fantastic opportunity for a business seeking a professional and well-maintained office space in a prime location. Don't miss this chance to secure a highly visible and accessible office space in a thriving medical and commercial area.

    Property Features for 1019 Ghaner Dr

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    13,328 SF
    Total Rate
    226576

    Building Details

    Year Built
    2012
    Stories
    2

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    17 SF
    Rate per SF
    $204

    HighLights

    • 13,328 SF office building on 3.91 acres in Centre County.
    • Two‑story building with elevator, constructed in 2012.
    • Multiple tenants; 5,269 SF currently vacant.
    • One remaining suite available, approximately 3,169 SF (final size TBD after build‑out), located on the second floor.
    • Triple net lease; CAM charges are $4/SF and include taxes, exterior/interior common area maintenance, common area insurance, lawn care, and snow removal.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    State College
    County
    Centre
    State
    Pennsylvania
    Longitude
    -77.939719
    Latitude
    40.815606

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Office Space near Geisinger
    Where is this office property / space located?
    The property is located at 1019 Ghaner Dr State College, PA.
    What is the lease rate?
    The lease rate is $204 SF/Yr.
    What are key features of this property?
    This property features: 13,328 SF office building on 3.91 acres in Centre County.; Two-story building with elevator, constructed in 2012.; Multiple tenants; 5,269 SF currently vacant.
    Request Owner's contact information
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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
    1019 Ghaner Dr State College, PA 16803
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