Property summary
This exceptional investment opportunity presents a 43,024 square foot office building in York, Pennsylvania, currently 100% occupied by HMS Networks AB, a financially robust international Industrial ICT company listed on the Nasdaq Nordic Stock Exchange. The property, built in 1988 and renovated in 2023, sits on a 5.5-acre lot at 1750 5th Avenue, York, PA 17403. The asking price is $7,692,307, representing a compelling $178.79 per square foot and a 6.50% cap rate based on a $500,000 NOI. The sale-leaseback structure features an absolute triple-net (NNN) lease with a corporate guarantee, ensuring minimal landlord responsibilities. The lease agreement includes a 10-year initial term with two 5-year renewal options, providing long-term stability and predictable income. Annual rent bumps of 2% offer protection against inflation and consistent NOI growth. HMS Networks AB, with 1200 employees and €267 million in 2023 sales, demonstrates a strong commitment to operational excellence and continued growth, further enhancing the investment's value. This is a rare opportunity to acquire a high-quality, income-producing asset with a secure, long-term tenant in a desirable location.
Property profile
VerifiedCap rate & NOI
Current use
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Physician
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Physician
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Physician
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Physician
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Computer Hardware Manufacturer Automation Company
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
CM · York, PAZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for CM in York, PA.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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