Property profile

1024 Philadelphia St Indiana, PA 15701

OFF-MARKET
Office Spaces
1,900 SF
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Property summary

AI-generated overview

This 1900-square-foot executive office space in Indiana County is immediately available for lease. Previously occupied by a donut shop, the property offers versatile layout options suitable for a variety of businesses. A five-year lease is preferred, with potential for negotiation down to a three-year term. The rental rate is structured as follows: $1850 per month for the first year, increasing to $1900 per month for years two and three, and finally $1950 per month for years four and five of a five-year lease. Utilities (natural gas, electricity, and heat) are not included in the monthly rent. However, water, sewer, and trash removal are provided by the owner at an additional cost of $250 per month. Ample parking is available, with eight spaces designated for customers and additional employee parking alongside the drive-thru. The property's previous use as a food vendor makes it particularly well-suited for similar businesses. This presents a unique opportunity for a business seeking a well-located, spacious office in Indiana County. The space is ready for immediate occupancy.

Property profile

Verified
Property type Office Spaces
Total area 1,900 SF

Cap rate & NOI

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

Location

1024 Philadelphia St Indiana, PA 15701
Indiana metro
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Value estimations

Realmo proprietary · 4 methods
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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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