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924 Russell Drive
Lebanon, PA 17042
MLS# 1002664507 ID: 48409586
$850,000
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Property Description
Commercial Sale - LEBANON, PA Excellent opportunity to own a Modern Office building with long term, Federal Govt. Agency Tenant. Built specifically for local Social Security Office occupancy. Single tenant, Monthly Rent automatically deposited. four years remaining on current renewal option. Rent increases 5.12% at start of 4th year. Annual tax escalator, and operating cost adjustments. Current net is a 6.18% Cap Rate.
Property Features
Status
Last Updated January 20, 2018
Market Status Available
Description
Property Type Commercial
Year Built 1995
Building Features
Stories 0.0
Central Air
Exterior Features
Exterior Construction Brick; Masonry
Legal/Financial
Taxes 17343.84
Listing Features
Property Type Commercial;
Offered By:
David Simpson
Suburban Realty
Schools Near Property

Select a school from the list below to receive a free school report

School District Grades Type
Preschool-12 Private
Lebanon School District Preschool-5 Public
Lebanon School District Preschool-5 Public
Preschool-k Private
Diocese Of Harrisburg Preschool-12 Catholic
Preschool-12 Private
Lebanon School District Preschool-5 Public
Lebanon School District Preschool-5 Public
School District Grades Type
Preschool-12 Private
Lebanon School District Preschool-5 Public
Lebanon School District Preschool-5 Public
Preschool-k Private
Diocese Of Harrisburg Preschool-12 Catholic
Preschool-12 Private
Lebanon School District Preschool-5 Public
Lebanon School District Preschool-5 Public
School District Grades Type
Annville-cleona School District 3-6 Public
Preschool-12 Private
1-9 Private
Annville-cleona School District K-2 Public
Cornwall-lebanon School District K-5 Public
1-8 Private
Northern Lebanon School District 1-5 Public
Cornwall-lebanon School District K-5 Public
Eastern Lebanon County School District 3-5 Public
Palmyra Area School District 1-5 Public
Eastern Lebanon County School District K-2 Public
Northern Lebanon School District 1-5 Public
Lebanon School District Preschool-5 Public
1-12 Private
Lebanon School District Preschool-5 Public
Preschool-k Private
Eastern Lebanon County School District K-2 Public
Northern Lebanon School District K-6 Public
1-10 Private
Diocese Of Harrisburg Preschool-12 Catholic
K-12 Private
Northern Lebanon School District 1-5 Public
Palmyra Area School District K-5 Public
1-10 Private
1-10 Private
Preschool-12 Private
Palmyra Area School District 1-5 Public
Lebanon School District Preschool-5 Public
Palmyra Area School District K-5 Public
1-8 Private
1-8 Private
Cornwall-lebanon School District K-5 Public
Lebanon School District K-5 Public
Lebanon School District Preschool-5 Public
1-8 Private
1-8 Private
1-8 Private
Cornwall-lebanon School District K-5 Public
School District Grades Type
Annville-cleona School District 7-8 Public
Preschool-12 Private
Cornwall-lebanon School District 6-8 Public
1-9 Private
1-8 Private
Eastern Lebanon County School District 6-8 Public
1-12 Private
1-10 Private
Diocese Of Harrisburg Preschool-12 Catholic
K-12 Private
Lebanon School District 6-8 Public
1-10 Private
1-10 Private
Preschool-12 Private
Northern Lebanon School District 6-8 Public
Palmyra Area School District 6-8 Public
1-8 Private
1-8 Private
1-8 Private
1-8 Private
1-8 Private
School District Grades Type
Annville-cleona School District 9-12 Public
Preschool-12 Private
Cornwall-lebanon School District 9-12 Public
Eastern Lebanon County School District 9-12 Public
1-12 Private
Diocese Of Harrisburg Preschool-12 Catholic
K-12 Private
Lebanon County Ctc 10-12 Public
Lebanon School District 9-12 Public
Preschool-12 Private
Northern Lebanon School District 9-12 Public
Palmyra Area School District 9-12 Public
Data on community demographics, schools and recent sales provided by OnBoard LLC Copyright © 2002 - 2012 OnBoard LLC. Information is deemed reliable but is not guaranteed.
Recent Sales Near Property
Address Beds Baths Price
1 974 York, Lebanon, Pa 17042 1 $139,900
2 940 York, Lebanon, Pa 17042 1 $135,000
3 940 York, Lebanon, Pa 17042 1 $81,000
4 940 Summit, Lebanon, Pa 17042 2 $300,000
5 1120 Greiner, Lebanon, Pa 17042 1 $164,900
6 1234 Cornwall, Lebanon, Pa 17042 1 $110,000
7 1275 Crestview, Lebanon, Pa 17042 1 $346,000
8 817 Rex, Lebanon, Pa 17042 1 $121,500
9 976 Reber, Lebanon, Pa 17042 1 $90,100
10 1175 8th, Lebanon, Pa 17042 2 $196,000
Data on community demographics, schools and recent sales provided by OnBoard LLC Copyright © 2002 - 2012 OnBoard LLC. Information is deemed reliable but is not guaranteed.
Receive a Free Community Profile
Quick Glance
Population 38,816
Population Growth 12%
Population Density 587
Median Age 42.8
Median Income $56,058
Households 15,506
Weather
Jan Low 17.2
Jan High 35.71
July Low 59.86
July High 85.24
Annual Precipitation (in.) 74.45
Weather Risk Index* 71
*Index score (100 = National Average) that represents the total risk
Lebanon Demographics
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Lebanon Housing Statistics
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Data on community demographics, schools and recent sales provided by OnBoard LLC Copyright © 2002 - 2012 OnBoard LLC. Information is deemed reliable but is not guaranteed.

Data Provided by TREND MLS

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