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1105 Bethlehem Pike - Building B
3,000 SF Office Unit Offered at £516,940 in Sellersville, PA 18960
INVESTMENT HIGHLIGHTS
- Newer Center constructed in 2011
- Convenient Drive up Parking
- Visibility from Old Bethlehem Pike
- Private entrance and Elevator
EXECUTIVE SUMMARY
Rockhill Plaza is a newer limited Medical Strip Center; consisting of a Dialysis center; Dialysis office; LabCorp Testing unit; and Alpine Heating and AC, on the second floor. There is also a Car Wash facility on the premises. Property located on Old Bethlehem Pike, and Ridge Rd. Unit B-1 is a great Investment opportunity, having Alpine Heating and Air conditioning Services as it's tenant. Alpine has been at this location since 2011, and has just signed a new 5 Year Lease, with 2 one year options; extending their Occupancy through year 2030. Lease is a NNN " Triple Net " which Tenant pays all Taxes :Association dues; Security cost; and all other expenses. CAP Rate is 7.7% which is a Great Return on Investment in today's market. ;
PROPERTY FACTS
1 UNIT AVAILABLE
Unit B1
| Unit Size | 3,000 SF | Net Initial Yield | 7.98% |
| Price | £516,940 | NOI | £41,251.79 |
| Price Per SF | £172.31 | No. Parking Spaces | 40 |
| Unit Use | Office | APN/Parcel ID | 52-014-087-0B2 |
| Sale Type | Investment |
| Unit Size | 3,000 SF |
| Price | £516,940 |
| Price Per SF | £172.31 |
| Unit Use | Office |
| Sale Type | Investment |
| Net Initial Yield | 7.98% |
| NOI | £41,251.79 |
| No. Parking Spaces | 40 |
| APN/Parcel ID | 52-014-087-0B2 |
DESCRIPTION
3,000 sq. ft. of professional offices with current tenant leased through May of 2030. drive up parking; elevator to 2nd floor.
SALE NOTES
This great investment property has Alpine Heating and Air conditioning Company as it's Tenant through May of 2030. Alpine has been there since 2011. employees and technicans are housed out of this location for the entire East coast.
MAJOR TENANT INFORMATION
| TENANT | SF OCCUPIED | LEASE END DATE |
|---|---|---|
| Alpine Mechanical Services, LLC |
-
|
May 2030
|
AMENITIES
- Natural Light
ZONING
| Zoning Code | Planned Commercial (Zoning for Medical; Office; Telecommunications; Dentist; chiropractor, or professional business ie; Accounting; Real Estate Office) |
| Planned Commercial (Zoning for Medical; Office; Telecommunications; Dentist; chiropractor, or professional business ie; Accounting; Real Estate Office) |
Presented by
1105 Bethlehem Pike - Building B
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