Office Condo For Sale • 695 SF
| Name | Condo Use | Size | Price | Details |
|---|---|---|---|---|
| 1st Floor - Unit 1368 | Medical Office | 695 SF | $152,000 USD | |
DescriptionReception area, conference room, private office and in suite restroom & storage. |
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Great investment opportunity. The tenant is responsible for all condo expenses, including utilities, real estate taxes, insurance, and monthly condo association fees, making this a true NNN-style investment with minimal landlord obligations. The lease also provides one remaining two-year renewal option, extending upside and stability for the next owner. Investment Highlights: In-place lease through December 2027 Current rent: $1,222.54/month Annual CPI rent increases beginning in 2026. Tenant pays all expenses: utilities, taxes, insurance, and condo fees One (1) two-year renewal option remaining Great Year 1 cash-on-cash return Low-maintenance, passive investment
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| State College Regional | 16 min | - | 6.9 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 1 |
| Type: | Surface |
| Included in Rent: | Yes |