171 Arthur L Hershey Dr Bedford, PA 15522
- Office Properties & Spaces
- 10,256 SF
- 5.74 lot acres
Current Use by Public Records
- Pennsylvania State Police at Bedford / Police Department / Department Of Public Safety
Property Details for 171 Arthur L Hershey Dr
- Year built
- 2003
- Lot size
- 5.74 lot acres
- Property size
- 10,256 SF
- Property type
- Office Properties & Spaces
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bedford
- County
- Bedford
- State
- Pennsylvania
- Longitude
- -78.5225
- Latitude
- 40.0774