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203 W Weber Ave 18,344 SF 100% Leased Flex Building Du Bois, PA 15801 $3,371,233 CAD ($183.78 CAD/SF) 8% Cap Rate

EXECUTIVE SUMMARY
DuBois, Pennsylvania, located about 100 miles northeast of Pittsburgh, is the most populous community in Clearfield County, Pennsylvania. As one of two principal cities that make up the larger State College-DuBois, PA Combined Statistical Area (CSA), it had a population of 235,632 people in 2010 ranking 9th in the State of Pennsylvania.
The other city that makes up the larger State college-DuBois, PA Combined Statistical Area, is State College which is dominated economically and demographically by the presence of the University Park campus of the Pennsylvania State University (Penn State). State College is currently the largest designated borough in Pennsylvania. The Pennsylvania State University (Penn State) is a public, Flagship, state-related, Land-grant, Sea-grant, Space-grant, Sun-grant, research-intensive university with the campus and facilities anchored in State College, Pennsylvania.
Pennsylvania State University is the largest single employer in the region, employing over 17,000 full- and part-time workers.
In addition to higher education, other industries in the area include health care, retail, hospitality services, construction, and government. Other employers include Mount Nittany Medical Center, Government of Pennsylvania, and State College School District. In 2013, State College was ranked as the third-safest metropolitan area in the United States by the CQ Press.
The other city that makes up the larger State college-DuBois, PA Combined Statistical Area, is State College which is dominated economically and demographically by the presence of the University Park campus of the Pennsylvania State University (Penn State). State College is currently the largest designated borough in Pennsylvania. The Pennsylvania State University (Penn State) is a public, Flagship, state-related, Land-grant, Sea-grant, Space-grant, Sun-grant, research-intensive university with the campus and facilities anchored in State College, Pennsylvania.
Pennsylvania State University is the largest single employer in the region, employing over 17,000 full- and part-time workers.
In addition to higher education, other industries in the area include health care, retail, hospitality services, construction, and government. Other employers include Mount Nittany Medical Center, Government of Pennsylvania, and State College School District. In 2013, State College was ranked as the third-safest metropolitan area in the United States by the CQ Press.
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- Offering Memorandum
PROPERTY FACTS
| Price | $3,371,233 CAD | Lot Size | 0.99 AC |
| Price Per SF | $183.78 CAD | Rentable Building Area | 18,344 SF |
| Sale Type | Investment NNN | No. Stories | 2 |
| Cap Rate | 8% | Year Built | 1940 |
| Property Type | Flex | Parking Ratio | 2.08/1,000 SF |
| Property Subtype | Light Distribution | Opportunity Zone |
Yes
|
| Building Class | B | ||
| Zoning | C - Opportunity Zone | ||
| Price | $3,371,233 CAD |
| Price Per SF | $183.78 CAD |
| Sale Type | Investment NNN |
| Cap Rate | 8% |
| Property Type | Flex |
| Property Subtype | Light Distribution |
| Building Class | B |
| Lot Size | 0.99 AC |
| Rentable Building Area | 18,344 SF |
| No. Stories | 2 |
| Year Built | 1940 |
| Parking Ratio | 2.08/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | C - Opportunity Zone |
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Walk Score®
Very Walkable (77)
PROPERTY TAXES
| Parcel Number | 007400300000506 | Improvements Assessment | $79,767 CAD |
| Land Assessment | $36,443 CAD | Total Assessment | $116,210 CAD |
PROPERTY TAXES
Parcel Number
007400300000506
Land Assessment
$36,443 CAD
Improvements Assessment
$79,767 CAD
Total Assessment
$116,210 CAD
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203 W Weber Ave
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