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Property profile & analytics
OFF-MARKET
Office Spaces

171 Arthur L Hershey Dr Bedford, PA 15522

10,256 SF 5.74 ac lot Built 2003
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 10,256 square foot, single-tenant office building situated on a generous 5.737-acre lot in Bedford, Pennsylvania. Constructed in 2003, this Class B building boasts a traditional office layout, perfect for a variety of uses. The property features a welcoming lobby with reception area, multiple offices, conference rooms, file rooms, a copy area, and a convenient kitchen. Employee amenities include two locker rooms with restrooms, plus an additional public restroom. Three exterior exits ensure easy egress. The building also includes a garage area with dedicated workshop space and a fitness room, adding value and convenience. Ample parking is provided in a well-lit lot. The property is zoned commercial and is currently under a net lease, with a credit-rated tenant. The lease commenced September 6th, 2002, and expires October 14th, 2024, leaving zero remaining lease term. Four lease options are available. This is a turnkey opportunity for investors seeking a well-maintained, established property in a desirable location. Serious inquiries only; please refrain from drive-bys.

Property profile
Verified
Property type Office Spaces
Year built 2003
Total area 10,256 SF
Lot 5.74 ac (249,904 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Pennsylvania State Police at Bedford Police Department Department Of Public Safety
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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