1 Outlet LnLock Haven, PA 17745
- Retail properties
- 79,784 SF
Property Details for 1 Outlet Ln
- Year built
- 1993
- Lot size
- 20.77 AC
- Property size (Sq ft)
- 79,784 SF
- Property type
- Retail properties
- Property subtype
- Strip malls
- APN
- 35-25465
- APU
- 3525465
Description
This exceptional commercial property, located at 1 Outlet Lane in Lock Haven, Pennsylvania, 17745, offers a unique opportunity for businesses seeking flexible and high-visibility office space. The property comprises three single-story buildings totaling 60,000 square feet, situated on 20.77 acres of land. Built in 1993, the Class B property features a total of 300+ parking spaces, ensuring ample convenience for employees and clients. The property is zoned commercial and enjoys excellent access directly off US-220, near the McElhattan exit, providing exceptional visibility and convenient access for commuters. The space is currently fully vacant and available for lease, offering multiple tenancy options. Suites range in size from a minimum of 900 square feet to a maximum contiguous space of 35,000 square feet, catering to a variety of business needs. The property's strategic location, centered around the UPMC Outpatient Center, provides a strong anchor tenant and significant foot traffic. This versatile property is ideal for traditional office, executive office, or medical office uses. The property's size and layout offer significant potential for a variety of businesses seeking a prominent location in Lock Haven. Contact us today to learn more about this exceptional opportunity.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $20,088,586
- 6.5%
- $18,543,310
- 7%
- $17,218,788
-
Comparable approach
- Method
- Valuation
- Relative Method
- $18,800,648
- Geo Method
- $12,648,413
-
Alternative Use
- Use
- Valuation
- Residential
- $15,641,976
- Hospitality
- $14,327,966
- Educational
- $11,920,699
- Medical
- $12,330,671
- Retail
- $18,543,310
Location Insight
- City
- Lock Haven
- County
- Clinton
- State
- Pennsylvania
- Latitude
- 41.1517
- Longitude
- -77.3571
- CBSA code
- 30820
- CBSA name
- LOCK HAVEN, PA MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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