1019 Ghaner Dr State College, PA 16803
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.