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Single-Tenant Office

STNL - Larson Design Group

1780 US-522, Selinsgrove, PA 17870

Listing Price: $2,200,000

Cap Rate
7.20%
Tenant Name
Larsen Design Group
Years Remaining On Lease
4.8
Guarantor
Corporate Guarantee
Rentable SF
9,600
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$16.50

Investment Overview

The Dunkle-Vartanian Group of Marcus & Millichap is proud to exclusively present the Larson Design Group Building located at 1780 US-522, Selinsgrove, PA 17870. This 9,600-square-foot building was built-to-suit to the tenant in 2008. The Subject Property is conveniently located along U.S. Route 522, close to Downtown Selinsgrove, Susquehanna University, and numerous highways, including Routes 35, 11, and 204. Larson Design Group is an award-winning, employee-owned Architecture, Engineering, and Consulting firm. Founded in 1986, LDG has been on a steady path of growth with 16 locations in 7 states and is ranked among the Top 100 Nationwide Architecture & Engineering Firms. Selinsgrove's centralized location and proximity to major roadways allow LDG access to its Greater Central Pennsylvania client base. The property's lease has 5 years remaining on term followed by 2X5 options. Limited Landlord Responsibilities and 50¢ per square foot annual increases provide ease of ownership and a hedge against inflation.

Investment Highlights

  • NNN Lease with Annual Increases
  • Built-To-Suit Location
  • 14-Year Occupancy History
  • Ideally Situated on U.S. Route 522

Exclusively Listed By

Financing By

Single-Tenant Office

STNL - Larson Design Group

Listing Price: $2,200,000

Cap Rate
7.20%
Tenant Name
Larsen Design Group
Years Remaining On Lease
4.8
Guarantor
Corporate Guarantee
Rentable SF
9,600
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$16.50

Investment Highlights

  • NNN Lease with Annual Increases
  • Built-To-Suit Location
  • 14-Year Occupancy History
  • Ideally Situated on U.S. Route 522

Investment Overview

The Dunkle-Vartanian Group of Marcus & Millichap is proud to exclusively present the Larson Design Group Building located at 1780 US-522, Selinsgrove, PA 17870. This 9,600-square-foot building was built-to-suit to the tenant in 2008. The Subject Property is conveniently located along U.S. Route 522, close to Downtown Selinsgrove, Susquehanna University, and numerous highways, including Routes 35, 11, and 204. Larson Design Group is an award-winning, employee-owned Architecture, Engineering, and Consulting firm. Founded in 1986, LDG has been on a steady path of growth with 16 locations in 7 states and is ranked among the Top 100 Nationwide Architecture & Engineering Firms. Selinsgrove's centralized location and proximity to major roadways allow LDG access to its Greater Central Pennsylvania client base. The property's lease has 5 years remaining on term followed by 2X5 options. Limited Landlord Responsibilities and 50¢ per square foot annual increases provide ease of ownership and a hedge against inflation.

Exclusively Listed By

Financing By

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