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180 Welles St Forty Fort, PA 18704

OFF-MARKET Office Spaces Google Maps
381,881 SF Built 1970
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional Forty Fort, PA office building, located at 180-190 Welles Street, offers 381,881 square feet of versatile space, ideal for executive, medical, or creative office uses. The property, a Class B building constructed in 1970 and renovated in 2021, features multiple tenancy options with a minimum divisible space of 3,860 square feet and spaces available ranging up to 10,134 square feet. Conveniently situated off Exit 4 of the Cross Valley Expressway (Route 309), it enjoys excellent access to I-81 (within 5 minutes) and is less than six miles from five major hospitals and medical facilities. The building boasts 570 on-site parking spaces and passenger elevators, catering to the needs of both employees and clients. Its prime location within a 20-minute drive of a population exceeding 200,000 offers a strong labor pool and significant market reach within the Scranton/Wilkes-Barre submarket of Luzerne County. This property presents a unique opportunity to establish a thriving business in a well-connected and amenity-rich environment. The building's adaptable layout and modern amenities make it an attractive option for a variety of businesses seeking a strategic location in Northeastern Pennsylvania.

Property profile

Verified
Property type Office Spaces
Year built 1970
Total area 381,881 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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