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Classic Auction - Office

TecPort Business Center | Value-Add Office Opportunity | Harrisburg, PA

470 Friendship Road, Harrisburg, PA 17111

  • Asset Type
  • Real Estate
  • Property Type
  • Office
  • Land Area
  • 6.88 Acres
  • Year Built
  • 1984
  • Year Renovated
  • 2001
  • Number of Floors
  • 3
  • Number of Buildings
  • 1
  • Parking Count
  • 262
  • Occupancy
  • 7.21%
  • Occupancy as of
  • Sep 01, 2020
  • Property Size
  • 79,276 Sq Ft

TecPort Business Center | Value-Add Office Opportunity | Harrisburg, PA

Investment Highlights

  • Incredible Value-Add Opportunity
  • Phenomenal Location Along a Densely Populated Retail Corridor
  • Over-Sized (2.18 Acre) Parking Lot (Major Attribute in Attracting Medical Tenants)
  • Myriad of Options to Reposition (M-L Zoning)


Offering Details

Marcus & Millichap and RealINSIGHT Marketplace are pleased to present The TecPort Business Center, located at 470 Friendship Road, Harrisburg, PA.  The Subject Property is a 79,276 SF, 3-story Class B office building that was originally built in 1984 and most recently renovated in 2001. The property consists of one building sitting on 6.88 Acres of land, which includes a massive parking lot with over 295 free surface spaces. The building is currently home to two tenants, that occupy a total of 5,718 SF providing any investor with over 73,000 SF of true upside.

Given the property is zoned Manufacturing District-Limited, this allows any developer to have the flexibility to convert the Subject Property into a myriad of diverse options including business/professional office, retail, and even light-manufacturing. Due to the large amount of parking in such a desired location, this is a major key in attracting any sort of essential medical tenant.

The TecPort Business Center is perfectly positioned on one of the most traveled retail corridors in the Harrisburg Metropolitan Market. The Subject Property is beautifully positioned right off Interstate-83 as well as Interstate-283 which includes easy access to various restaurants, businesses, and the Harrisburg Airport. With over 82,000 people living in a 3-mile radius, this is one of the more densely populated areas in the Central Pennsylvania Market.
 

Property tours are available by appointment on the dates below.  Please contact Craig Dunkle (craig.dunkle@marcusmillichap.com / (717) 554-4881) or Jackson Day (jackson.day@marcusmillichap.com / (215) 840-6212) to schedule a tour.

     •  Friday, October 16th
     •  Friday, October 23rd
     •  Friday, October 30th
     •  Friday, November 6th
 

Disclaimer: The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions.

Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace, (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property.

You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.

Platform Fee

Platform fee for this transaction is 5.00% or a minimum of $25,000.

Need Help?

Have questions about Marketplace? You can reach us at 800.915.7015 or info@rimarketplace.com.

Auctioneer

  • Lamar P. Fisher

    Fisher Auction Company Inc.

    License: AU005925