505 Independence RdEast Stroudsburg, PA 18301

Property Details for 505 Independence Rd

Year built

2002

Lot size

1.90 AC

Property size (Sq ft)

28,205 SF

Zone code

C1

Property type

Healthcare properties

Property subtype

Medical offices

APN

16.8.2.12

APU

168212

Description

This exceptional two-story office building at 505 Independence Road in East Stroudsburg, Pennsylvania, offers a variety of executive office suites for lease. Located in Monroe County, this property boasts a total of 19,242 square feet, with flexible space options ranging from a minimum of 811 square feet to a maximum contiguous space of 2,643 square feet. Currently, 5,280 square feet of office space is available. The building features multiple tenancy options, making it ideal for businesses of various sizes. Second-floor suites are currently available. The property offers ample parking for tenants and employees, a significant advantage in this area. Its convenient location provides easy access to major roadways, including I-80, Route 209, and Route 611, ensuring seamless commutes for your staff and clients. Furthermore, the building benefits from its proximity to numerous healthcare facilities, adding to its appeal and accessibility. This is a fantastic opportunity to secure high-quality office space in a desirable and well-connected location in East Stroudsburg, PA, zip code 18301. Contact us today to learn more about leasing options and to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $7,006,559

  6.5%

  $6,467,593

  7%

  $6,005,622

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,710,036

  Geo Method

  $3,685,265

• Alternative Use

  Use

  Valuation

  Residential

  $8,019,816

  Hospitality

  $7,346,108

  Educational

  $6,111,876

  Medical

  $6,322,072

  Retail

  $9,507,362

Location Insight

City

East Stroudsburg

County

Monroe

State

Pennsylvania

Latitude

41.0061

Longitude

-75.1581

CBSA code

20700

CBSA name

EAST STROUDSBURG, PA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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