Se Connecter/S’inscrire
Votre courriel a été envoyé.
1344-1374 S Atherton St - Southwood Office Complex Unité de condo • Bureau/Médical • 695 pi² • À vendre 210 300 $ CAD • State College, PA 16801
Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- Stable NNN lease in place through December 2027 with one renewal option remaining.
- Desirable CP2 zoning accommodating diverse office and medical uses.
- Easily accessible single-story property with on-site parking and natural light interiors.
- Annual rent increases tied to CPI starting in 2026 for sustained income growth.
- Convenient frontage along S Atherton Street with direct routes to downtown State College.
- Strong regional economic base supported by Penn State University and healthcare employment clusters.
Résumé de l'annonce
Great investment opportunity. The tenant is responsible for all condo expenses, including utilities, real estate taxes, insurance, and monthly condo association fees, making this a true NNN-style investment with minimal landlord obligations. The lease also provides one remaining two-year renewal option, extending upside and stability for the next owner. Investment Highlights: In-place lease through December 2027 Current rent: $1,255.54/month Annual CPI rent increases beginning in 2026. Tenant pays all expenses: utilities, taxes, insurance, and condo fees One (1) two-year renewal option remaining Great Year 1 cash-on-cash return Low-maintenance, passive investment
1 Unité disponible
- Unité
- Taille de l’unité
- Utilisation du condo
- Prix
- Revenu net d’exploitation
| Type de vente | Investissement | Nbre d’espaces de stationnement | 1 |
| Type de vente | Investissement |
| Nbre d’espaces de stationnement | 1 |
Description
Reception area, conference room, private office and in suite restroom & storage.
Notes sur la vente
Southwood Office Complex presents an appealing investment opportunity located along S Atherton Street in State College, a key commercial corridor with close proximity to Penn State University and robust residential and retail markets. The available office/medical condominium unit is currently leased under a true NNN arrangement, minimizing landlord involvement while providing stable income. The existing tenant agreement includes annual CPI-based rent adjustments beginning in 2026 and one remaining two-year renewal option, reinforcing long-term security for potential buyers.
Positioned on a parcel of nearly an acre, the property benefits from frontage on a high-visibility route with steady traffic counts and access to major local arteries leading into downtown State College. The building’s CP2 zoning supports a range of professional and medical uses, offering lasting flexibility and appeal to occupants. Ample surface parking and single-story design support smooth tenant operations and accessibility. The combination of low-maintenance structure, consistent cash flow, and surrounding economic strength makes this office condominium a practical solution for investors seeking reliable returns in an environment with enduring demand drivers led by education, healthcare, and business service sectors.
Positioned on a parcel of nearly an acre, the property benefits from frontage on a high-visibility route with steady traffic counts and access to major local arteries leading into downtown State College. The building’s CP2 zoning supports a range of professional and medical uses, offering lasting flexibility and appeal to occupants. Ample surface parking and single-story design support smooth tenant operations and accessibility. The combination of low-maintenance structure, consistent cash flow, and surrounding economic strength makes this office condominium a practical solution for investors seeking reliable returns in an environment with enduring demand drivers led by education, healthcare, and business service sectors.
| Unité | Taille de l’unité | Utilisation du condo | Prix | Revenu net d’exploitation |
| Unité 1368 | 695 pi² | Bureau/Médical | 210 300 $ CAD (302,59 $ CAD/pi²) | - |
Unité 1368
| Taille de l’unité |
| 695 pi² |
| Utilisation du condo |
| Bureau/Médical |
| Prix |
| 210 300 $ CAD (302,59 $ CAD/pi²) |
| Revenu net d’exploitation |
| - |
1 de 9
Vidéos
Visite extérieure 3D Matterport
Visite 3D Matterport
Photos
Vue depuis la rue
Rue
Carte
Unité 1368
| Taille de l’unité | 695 pi² |
| Utilisation du condo | Bureau/Médical |
| Prix | 210 300 $ CAD (302,59 $ CAD/pi²) |
| Revenu net d’exploitation | - |
| Type de vente | Investissement |
| Nbre d’espaces de stationnement | 1 |
| Description | |
| Reception area, conference room, private office and in suite restroom & storage.</li></ul> | |
| Notes sur la vente | |
| Southwood Office Complex presents an appealing investment opportunity located along S Atherton Street in State College, a key commercial corridor with close proximity to Penn State University and robust residential and retail markets. The available office/medical condominium unit is currently leased under a true NNN arrangement, minimizing landlord involvement while providing stable income. The existing tenant agreement includes annual CPI-based rent adjustments beginning in 2026 and one remaining two-year renewal option, reinforcing long-term security for potential buyers.<br> Positioned on a parcel of nearly an acre, the property benefits from frontage on a high-visibility route with steady traffic counts and access to major local arteries leading into downtown State College. The building’s CP2 zoning supports a range of professional and medical uses, offering lasting flexibility and appeal to occupants. Ample surface parking and single-story design support smooth tenant operations and accessibility. The combination of low-maintenance structure, consistent cash flow, and surrounding economic strength makes this office condominium a practical solution for investors seeking reliable returns in an environment with enduring demand drivers led by education, healthcare, and business service sectors.</li></ul> |
Faits sur la propriété
Les caractéristiques et les équipements suivants s'appliquent à l'ensemble du bâtiment. Les détails relatifs aux unités de copropriété individuelles peuvent varier et figurent dans les informations concernant les unités ci-dessus.
| Taille totale du bâtiment | 695 pi² | Superficie de plancher typique | 695 pi² |
| Type de propriété | Bureau (Condo) | Année de construction | 1987 |
| Classe d’immeuble | B | Taille du lot | 0,99 AC |
| Planchers | 1 | Ratio de stationnement | 1,44/1 000 pi² |
| Zonage | CP2 - Commercial Planifié 2 - permet tout usage sauf certaines exceptions dans le zonage commercial. | ||
| Taille totale du bâtiment | 695 pi² |
| Type de propriété | Bureau (Condo) |
| Classe d’immeuble | B |
| Planchers | 1 |
| Superficie de plancher typique | 695 pi² |
| Année de construction | 1987 |
| Taille du lot | 0,99 AC |
| Ratio de stationnement | 1,44/1 000 pi² |
| Zonage | CP2 - Commercial Planifié 2 - permet tout usage sauf certaines exceptions dans le zonage commercial. |
Commodités
- Ligne d'autobus
- Affichage
- Lumière naturelle
1 1
Assez practicable à pied
50/100
Très facile d'accès en voiture
80/100
Transports en commun limités
30/100
Plutôt praticable en vélo
50/100
1 de 11
Vidéos
Visite extérieure 3D Matterport
Visite 3D Matterport
Photos
Vue depuis la rue
Rue
Carte
1 de 1
Présenté par
1344-1374 S Atherton St - Southwood Office Complex
Vous êtes déjà membre? Connectez-vous
Hmm, il semble y avoir eu une erreur lors de l’envoi de votre message. Veuillez réessayer.
Merci! Votre message a été envoyé.