Log In/Sign up
Your email has been sent.
East Mountain Corporate Center 613 Baltimore Dr 59,609 sq ft 76% Let Office Property Wilkes Barre, PA 18702 £5,362,632 (£89.96/sq ft) 7.50% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Immediate access to major highways (I-81 and PA Turnpike 476)
- Flexible and efficient floor plates accommodating both large and small users
- Recently updated common restrooms
- Less than 15 minutes to Wilkes-Barre Scranton International Airport
- Attractive, elevator-served lobby and common areas
- Walkable area with sidewalks
EXECUTIVE SUMMARY
613 Baltimore Drive is a Class “A” office building containing approximately 59,609 rentable square feet, nestled in the East Mountain Corporate Center in Wilkes-Barre, Pennsylvania. Offered with a 7.5% cap rate based on the "in-place" NOI calculated on the existing 75.6% occupancy. Provides 100% upside on the vacancy.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Property Size
59,609 sq ft
Costar Property Class
B
Year Built
1996
Price
£5,362,632
Price per sq ft
£89.96
Yield
7.50%
NOI
£402,197
Occupancy Rate
76%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
19,870 sq ft
Plot ratio
0.26
Total Plot Size
5.34 ac
Use Class
C1 - Commercial
SPACE AVAILABILITY
- SPACE
- SIZE
- USE
- CONDITION
- AVAILABLE
- 1st Floor
- 5,000-12,294 sq ft
- Office
- Full Fit-Out
- Now
- 2nd Floor
- 2,210 sq ft
- Office
- Full Fit-Out
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 5,000-12,294 sq ft | Office | Full Fit-Out | Now |
| 2nd Floor | 2,210 sq ft | Office | Full Fit-Out | Now |
1st Floor
| Size |
| 5,000-12,294 sq ft |
| Space Use |
| Office |
| Condition |
| Full Fit-Out |
| Available |
| Now |
2nd Floor
| Size |
| 2,210 sq ft |
| Space Use |
| Office |
| Condition |
| Full Fit-Out |
| Available |
| Now |
PROPERTY TAXES
| Parcel Number | 50-H11-00A-048-000 | Improvements Assessment | £3,411,081 |
| Land Assessment | £455,377 | Total Assessment | £3,866,458 |
PROPERTY TAXES
Parcel Number
50-H11-00A-048-000
Land Assessment
£455,377
Improvements Assessment
£3,411,081
Total Assessment
£3,866,458
1 of 21
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
East Mountain Corporate Center | 613 Baltimore Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.