1351 Eisenhower Blvd Harrisburg, PA 17111-2341
- Warehouses
- 34,650 SF
- 8.17 lot acres
Oct 17, 2024
Current Use by Public Records
- Spectra Contract Flooring / Flooring Contractor
- Amersham Health / Health
- RestoreCore / Building Restoration Service / Fire Damage Restoration Service
- Harrisburg News Co / Newspaper Distribution Service
- ADI Global Distribution - Harrisburg / Telecommunications Equipment Supplier / Security System Supplier
Property Details for 1351 Eisenhower Blvd
- Year built
- 2002
- Lot size
- 8.17 lot acres
- Property size
- 34,650 SF
- Property type
- Warehouses
- APN
- 63-062-094
- APU
- 63062094
Description
This exceptional investment opportunity presents a fully leased, 81,200-square-foot industrial flex business park in Harrisburg, Pennsylvania's desirable Eisenhower Boulevard location. The property comprises two single-story buildings constructed between 2001 and 2003, situated on 8.17 acres of land zoned for Limited Manufacturing. With eight tenants occupying 100% of the space, this multi-tenant property offers a diverse and stable income stream, featuring staggered lease expirations and built-in rent bumps. The buildings boast 14 loading docks, 80 parking spaces, and a flexible layout accommodating tenants ranging from 2,450 to 7,500 square feet. The strategic location provides easy access to major interstates (I-81/78, 83, and 76), offering seamless connectivity to the Northeast and Mid-Atlantic regions. Proximity to significant employers, including Penn State Hershey Medical Center and Hershey Food Corporation, further enhances the property's appeal. The property benefits from the robust Central Pennsylvania industrial market, fueled by regional parcel hubs, intermodal yards, and deep-water port access. This fee-simple offering presents a rare chance to acquire a well-maintained, high-occupancy industrial asset with significant value-add potential through near-term rent adjustments. The property is professionally managed, with no deferred maintenance, ensuring a smooth transition for the new owner. This prime location, coupled with the strong tenant base and excellent access to transportation networks, makes this a compelling investment opportunity.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $9,700,000
- ML approach
- $9,700,000
-
Alternative Use
- Use
- Estimation
- AUTO REPAIR, GARAGE
- $6,490,000
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Location Insight
- Map
- Local Demand
- City
- Harrisburg
- County
- Dauphin
- State
- Pennsylvania
- Longitude
- -76.7981
- Latitude
- 40.2252
- CBSA code
- 25420
- CBSA name
- HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA