100 Millport RdLititz, PA 17543

  • Office properties
  • 112,205 SF
For Lease
$14.95/SF/YR View listing

Property Details for 100 Millport Rd

Year built
2017
Construction
STEEL FRAME
Lot size
26.30 AC
Property size (Sq ft)
112,205 SF
Zone code
I-2
Property type
Office properties
Property subtype
Other office properties
APN
600-91250-0-0000
APU
6009125000000

Description

This exceptional Class A creative office space, located at 100 W Millport Rd in Lititz, Pennsylvania, offers a unique opportunity for businesses seeking a prestigious and functional workspace. The two-story building, constructed in 2017, boasts a total of 93,000 square feet and is situated within a Campus Industrial zoning district in Lancaster County. Currently, a significant portion of the building is occupied by a major technology company, ensuring a vibrant and established business environment. Available spaces range from approximately 6,094 to 27,988 rentable square feet, priced at $14.95 per square foot, NNN. The building features superior interior finishes and above-average construction, reflecting its high-quality design and build. Amenities include a well-equipped gym, a large training room, multiple conference rooms, and a convenient on-site café. Ample on-site parking is also provided. The property enjoys a desirable location just off Lititz Pike, providing easy access to Routes 30 and 283, ensuring excellent connectivity for employees and clients. This is a rare opportunity to lease premium office space in a thriving Lancaster County location. The building's modern design and comprehensive amenities create an ideal environment for businesses seeking a productive and comfortable workspace. Contact us today to learn more about available spaces and schedule a viewing. Zip code: 17543.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $17,318,842
    6.5%
    $15,986,623
    7%
    $14,844,721
  • Comparable approach

    Method
    Valuation
    Relative Method
    $8,603,827
    Geo Method
    $7,058,816
  • Alternative Use

    Use
    Valuation
    Residential
    $19,823,412
    Hospitality
    $18,158,140
    Educational
    $15,107,359
    Medical
    $15,626,924
    Retail
    $23,500,336
100 Millport Rd, Lititz, Pennsylvania

Location Insight

City
Lititz
County
Lancaster
State
Pennsylvania
Latitude
40.1284
Longitude
-76.318
CBSA code
29540
CBSA name
LANCASTER, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$211,669
$1,718,000
$9,078,900
$10,796,900
-
$1,718,000
$9,078,900
$10,796,900

FAQs

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