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9969 Allentown Blvd
Grantville, PA 17028
Land For Sale
·
20.76 AC
Investment Highlights
- 20.76 acres Under Development
- Zoned Neighborhood Commercial and Highway Commercial
- Estimated completion date Late 2027
- Long-term Tenant, Commonwealth of Pennsylvania
- Allentown Boulevard Average Daily Traffic Count: 11,540 VPD – both directions
Executive Summary
Unique opportunity to own 20.76 acres of land and a new construction state contract. This property has a 15-year lease is in place with two 5-year options with the Pennsylvania State Police. Plans are underway for the new, two-building, 57,000 SF PSP Harrisburg headquarters facility, which includes a stand alone indoor shooting range. The site incudes two buildings and 262 parking spaces. Tenant pays electric and gas. Financials available upon request with a signed Confidentiality Agreement.
This offering presents a rare opportunity to acquire a stabilized, net-leased government office property occupied by the Commonwealth of Pennsylvania under a long-term institutional lease. The property benefits from one of the most creditworthy tenants available in the commercial real estate market — a state government agency — providing investors with consistent, predictable income and exceptional downside protection.
This offering presents a rare opportunity to acquire a stabilized, net-leased government office property occupied by the Commonwealth of Pennsylvania under a long-term institutional lease. The property benefits from one of the most creditworthy tenants available in the commercial real estate market — a state government agency — providing investors with consistent, predictable income and exceptional downside protection.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Police or Fire Station |
| Property Type | Land | Total Lot Size | 20.76 AC |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Police or Fire Station |
| Total Lot Size | 20.76 AC |
1 Lot Available
Lot
| Price | $57,883,891 CAD | Lot Size | 20.76 AC |
| Price Per AC | $2,788,241.39 CAD |
| Price | $57,883,891 CAD |
| Price Per AC | $2,788,241.39 CAD |
| Lot Size | 20.76 AC |
Property Taxes
| Parcel Numbers | Improvements Assessment | $356,885 CAD | |
| Land Assessment | $290,065 CAD | Total Assessment | $646,950 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$290,065 CAD
Improvements Assessment
$356,885 CAD
Total Assessment
$646,950 CAD
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