850 Walnut Bottom Rd | Carlisle, PA 17013
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850 Walnut Bottom Rd
Carlisle, PA 17013
Belvedere Professional Center · Office Property For Sale
Investment Highlights
- Main access along major throughfare Walnut Bottom Road with 15,000 VPD
- Well-maintained and established facility
- 43,939 SF building for sale with 38,475 SF of net leasable space
- Near Interstate 81 - Exit 45 southbound with 63,000 VPD
- Tenants include medical/professional offices
Executive Summary
A well-located and quality multi-tenant investment opportunity in Carlisle, PA. The Belvedere Professional Center is a +/- 50,000 SF multi-tenanted office property strategically located in the vibrant Carlisle, PA market. The property is situated on approximately 3.15 acres. Originally developed in 1978, the property was fully renovated in 2021. This investment benefits from a strong history of stable, multi-tenant occupancy. Quality renovations coupled with flexible suite sizes provide for very active leasing activity. Current occupancy stands at 83.3%.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
49,939 SF
Building Class
B
Year Built/Renovated
1978/2007
Price
£3,366,300
Price Per SF
£67
Percent Leased
98%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
49,939 SF
Slab to Slab
10 ft
Building FAR
0.27
Lot Size
4.17 AC
Zoning
Neighborhood Commercial - permits retail sales, financial institutions, offices, community service facilities, personal services, studios and more.
Parking
82 Spaces (1.64 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Wi-Fi
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 04-22-0481-164 | Improvements Assessment | £1,282,079 |
| Land Assessment | £801,821 | Total Assessment | £2,083,900 |
PROPERTY TAXES
Parcel Number
04-22-0481-164
Land Assessment
£801,821
Improvements Assessment
£1,282,079
Total Assessment
£2,083,900
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