836 houston run drive - loopnet · 2016. 10. 31. · address: 836 houston run drive gap, pa 17527...

For Sale or Lease

Houston Run Professional Center

For more information:

Building InformationTotal Building Area: 52,562 SFAvailable Area Lease: 5,806 SF; 3,961 SF & Community Center areaYear Built: 2009Improvements: 3 StoryCeiling Heights: 8’-10’Construction: Masonry, SteelRoof: Shingle/Metal/RubberHVAC: Gas fired variable air volume units with C/AWater & Sewer: Public Electric: 400 Amps; 3 PhaseSprinkler System: Wet SystemElevator: 4500 lb capacity

Site InformationLand Area: 9.28 AcresParcel ID: 560-56225-0-0000Municipality: Salisbury TownshipParking: 300+ On SiteZoning: I-Industrial

836 Houston Run DriveGap, PA 17527

NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE AS TO THE ACCURACY OF THE INFORMATION CONTAINED HEREIN, AND THE SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, PRIOR SALE, LEASE OR FINANCING, OR WITHDRAWAL WITHOUT NOTICE, AND OF ANY SPECIAL LISTING CONDITIONS IMPOSED BY OUR PRINCIPALS NO WARRANTIES OR REPRESENTATIONS ARE MADE AS TO THE CONDITION OF THE PROPERTY OR ANY HAZARDS CONTAINED THEREIN ARE ANY TO BE IMPLIED.

930 Red Rose Court Suite 200Lancaster PA 17601

+1 717 283 0600

naicpi.com

Michael Sheaffer, Brokerage [email protected]

717.283.0600 x111

CommentsClass A professional offi ce building with 52,562 gross SF including 14,665 SF of fi nished space. Currently there are two fi nished units of 5,806 SF & 3,961 SF available for lease. The remaining space is unfi nished but with all improvements in place. Ideal for owner/user or investor. Priced well below replacement cost. Additional Offi ce Suites also available for lease at the Community Center for $350-$450/Month!

Sale Price: $4,650,000Lease Price: $12/SF NNN

Address: 836 HOUSTON RUN DRIVE GAP , PA 17527List Number 242747 List Price $ 4,650,000Type of Property Commercial Status ActiveCounty Lancaster Total Acres 9.28Total Full Baths Total Half Baths# Rental Units 0 Year Built 2009$ Per SqFt $ 88.50 Avail SqFt 52,562Avail Office SqFt 52,562 Avail Retail SqFtAvail Whse SqFt Gross SqFt 52,562

Loc/Dev Gap Mun/Twn Salisbury TwpSchool District Pequea Valley Lot Size 9.28 AcresAssessment $ 1,938,000 Total Taxes $ 41,450.91County Tax $ 7,238.43 Municipal Tax $ 348.84School Tax $ 33,863.64

APN #/Tax Parcel ID 560-56225-0-0000 Deed/Ref # 0560-5331 Franklin Map Page 3282Franklin Map Column C Franklin Map Row 03

Directions: Rt.30 East past Urban Outfitters, right on Newport Road (Rt.772) into Houston Run to professional center.Public Remarks: First class professional office building of 52,562 SF with 4,898 SF of finished space occupied. Two finished units of 5,806 & 3,961 SFare available for lease. The remaining space is unfinished but with all infrastructure in place. Ideal for owner/user or investor. Priced well belowreplacement cost.Agent Remarks: Contact Michael Sheaffer at 717.283.0600 for more information and to schedule showings.Sale: SaleCurrent Use: Medical/Dental; OfficePossible Use: Commercial; Institutional;Medical/Dental; Office; Special PurposeLocation: Rural; SuburbanZoning: Industrial; CommercialFeatures/Amenities: Sprinkler System; Carpets;Concrete Floors; Handicap Access; PassengerElevatorLot Size: 4 Ac to LT 10 AcTopography: SlopingRoad Access: Private Road; Township Road; U.S.HighwayRail: None

Construction: Steel; MasonryExterior: Dryvit/EFIS; Other - See RemarksRoof: Pitched; Shingle; RubberImprovement Heights: 3 StoryCeiling Heights: 8 - 10 FtTruck Doors: Not ApplicableTruck Door Heights: Not ApplicableFuel Tanks: NoneElectric System: 1.6k + Amps; 220 VoltWater: Public WaterSewer: Public SewerHot Water: ElectricHVAC: Central Air

Utilities Available: Sewer; WaterParking: Covered; On SiteOccupancy: Partially OccupiedASC/Condo Fee Incl: Exterior Maintenance;Lawn Maintenance; Sewer; Snow Removal;WaterMiscellaneous: Mixed Use: No; # AllocatedParking: 300; # Off Str Prking Spc: 300; RoadFrontage: 375Income & Expenses: % Share of Tax: 100;Taxes Per SqFt: 1.43Form of Ownership: Fee SimpleFinancing: Cash; ConventionalPossession: ImmediateDocuments Available: Building Plan;Occupancy Permit; Plot Plan; Other - SeeRemarksAddress Exclusions: Exclude None

Dual Rate Comm N Sub Agent Comm 3 Transactn Lic Comm 0Buyer Agent Comm 3 Lease Commission Paid Over Time Days On Market 3Original List Price $ 4,650,000 List Date 10/19/2015 Owner Houston Run

Properties, LLCStatus Change Date 10/19/2015 Expire Date 03/31/2016LM: Michael C Sheaffer -- Office Phone: (717) 587-2712 ext. 111; [email protected];LO: NAI Commercial Partners, Inc. -- Office Phone: (717) 283-0600; [email protected]; 930 Red Rose Court Ste. 200, Lancaster, PA 17601 USA

Provided as a courtesy ofNAI Commercial Partners, Inc.930 Red Rose Court Ste. 200Lancaster, PA 17601Office Phone - (717) [email protected]://www.naicpi.com

Information is deemed to be reliable, but is not guaranteed. © 2015 MLS and FBS. Prepared by NAI Commercial Partners, Inc. on Thursday, October 22, 2015 8:59 AM.The information on this sheet has been made available by the MLS and may not be the listing of the provider.

flexmls Web http://key.flexmls.com/cgi-bin/mainmenu.cgi?cmd=url+reports/dispatche...

1 of 1 10/22/2015 8:59 AM

Address: 836 HOUSTON RUN DRIVE GAP , PA 17527 Lot #: #1List Number 242744 Annual Base Rent $ 69,672Type of Property Commercial Status ActiveCounty Lancaster Total Acres 9.28Total Full Baths Total Half Baths# Rental Units 1 Year Built 2009Land Use Code FS-910 Zoning Industrial

Loc/Dev Gap Mun/Twn Salisbury TwpSchool District Pequea Valley Lot Size 9.28Assessment $ 1,938,000 Total Taxes $ 41,450.91County Tax $ 7,238.43 Municipal Tax $ 348.84School Tax $ 33,863.64

# 1 Bedroom Units Avail SqFt 52,562.00 Avail Office SqFt 5,806.00Avail Retail SqFt Avail Warehouse SqFt $ Per SqFt 12.75# Efficiency Units APN #/Tax Parcel ID 560-56225-0-0000 Deed/Ref # 6128885Franklin Map Page 3282 Franklin Map Column C Franklin Map Row 03

Directions: Rt.30 East past Urban Outfitters, right on Newport Road (Rt.772) into Houston Run to where professional center begins.Public Remarks: First floor office space in Class A building. Space includes several exxam rooms, private offices, lab area and large reception/waiting area. Priced wellbelow market rates. CAM, Taxes & Insurance estimated at $4.00. Additional space available.Agent Remarks: Contact Michael Sheaffer at 717.283.0600 for more information and to schedule showings.Sale: LeaseCurrent Use: Medical/Dental; OfficePossible Use: Commercial; Institutional;Medical/Dental; Office; Special PurposeLocation: Rural; SuburbanZoning: Commercial; IndustrialFeatures/Amenities: Sprinkler System; Carpets;Concrete Floors; Handicap Access; Passenger ElevatorLot Size: 4 Ac to LT 10 AcTopography: SlopingRail: NoneRoad Access: Private Road; Township Road; U.S.HighwayConstruction: Masonry; SteelExterior: Dryvit/EFIS; Other - See RemarksRoof: Pitched; Rubber; Shingle

Improvement Heights: 3 StoryCeiling Heights: 8 - 10 FtTruck Doors: Not ApplicableTruck Door Heights: Not ApplicableFuel Tanks: NoneElectric System: 220 Volt; 300 - 400 AmpsWater: Public WaterSewer: Public SewerHot Water: ElectricHVAC: Central AirUtilities Available: Sewer; WaterParking: Covered; On SiteTenant Pays: Electricity; Heat; Hot Water; Insurance;Janitorial; Lawn; Sewer; Snow Removal; Taxes; Trash;WaterTerms of Tenancy: Long Term

Lease Includes: Other - See RemarksLease Space Incl: Finished As Is; Handicap Access;Private Lavatory; Single LevelLease Type: Triple NetOccupancy: Partially OccupiedASC/Condo Fee Incl: Exterior Maintenance; LawnMaintenance; Sewer; Snow Removal; WaterMiscellaneous: # Off Str Prking Spc: 300; # AllocatedParking: 300; Mixed Use: NoIncome & Expenses: Monthly Lease: 6,168.88;Operating Expenses: 3.05; % Share of Tax: 11.05;Taxes Per SqFt: 1.43; Annual Lease: 74,026Form of Ownership: LeaseholdPossession: ImmediateDocuments Available: Building Plan; OccupancyPermit; Other - See Remarks; Plot PlanAddress Exclusions: Exclude None

Dual Rate Comm N Sub Agent Comm 3.00 Sub Agent Comm Type %Transactn Lic Comm 0.00 Transactn Lic Comm Type % Buyer Agent Comm 3.00Buyer Agent Comm Type % Days On Market 150 Original List Price $ 69,672List Date 10/19/2015 Owner Houston Run Properties,

LLCStatus Change Date 10/19/2015

Expire Date 09/22/2016LM: Michael C Sheaffer -- Office Phone: (717) 587-2712 ext. 111; [email protected]; -- License #: AB062271LLO: NAI Commercial Partners, Inc. -- Office Phone: (717) 283-0600; [email protected]; 930 Red Rose Court Ste. 200, Lancaster, PA 17601 USA


Information is deemed to be reliable, but is not guaranteed. © 2016 MLS and FBS. Prepared by NAI Commercial Partners, Inc. on Thursday, March 17, 2016 4:17 PM. The information onthis sheet has been made available by the MLS and may not be the listing of the provider.

flexmls Web http://key.flexmls.com/cgi-bin/mainmenu.cgi

1 of 1 3/17/2016 4:17 PM

Address: 836 HOUSTON RUN DRIVE GAP , PA 17527 Lot #: #2List Number 242745 Annual Base Rent $ 47,532Type of Property Commercial Status ActiveCounty Lancaster Total AcresTotal Full Baths Total Half Baths# Rental Units 1 Year Built 2009$ Per SqFt $ 12 Avail SqFt 3,961Avail Office SqFt 3,961 Avail Retail SqFtAvail Whse SqFt Gross SqFt. 52,562Land Use Code FS-910 Zoning Industrial

Loc/Dev Gap Mun/Twn Salisbury TwpSchool District Pequea Valley Lot Size 9.28Assessment $ 1,938,000 Total Taxes $ 41,450.91County Tax $ 7,238.43 Municipal Tax $ 348.84School Tax $ 33,863.64

# 1 Bedroom Units # 2 Bedroom Units # 3 Bedroom Units# Efficiency Units APN #/Tax Parcel ID 560-56225-0-0000 Deed/Ref # 6128885User Defined 18 Franklin Map Page Franklin Map ColumnFranklin Map Row

Directions: Rt.30 East past Urban Outfitters, right on Newport Road (Rt.772) into Houston Run to professional center.Public Remarks: First floor office space in Class A building. CAM, taxes and insurance estimated at $4.00. Space includes several exam rooms,private offices, lab area and large recetion/waiting area. Priced well below market rates. Additional space available.Agent Remarks: Contact Michael Sheaffer at 717.283.0600 for more information and to schedule showings.Sale: LeaseCurrent Use: Medical/Dental; OfficePossible Use: Commercial; Institutional;Medical/Dental; Office; Special PurposeLocation: Rural; SuburbanZoning: IndustrialFeatures/Amenities: Sprinkler System; Carpets;Concrete Floors; Handicap Access; PassengerElevatorLot Size: 4 Ac to LT 10 AcTopography: SlopingRail: NoneRoad Access: Private Road; Township Road; U.S.HighwayConstruction: Masonry; SteelExterior: Dryvit/EFIS; Other - See RemarksRoof: Pitched; Rubber; Shingle

Improvement Heights: 3 StoryCeiling Heights: 8 - 10 FtTruck Doors: Not ApplicableTruck Door Heights: Not ApplicableFuel Tanks: NoneElectric System: 220 Volt; 300 - 400 AmpsWater: Public WaterSewer: Public SewerHot Water: ElectricHVAC: Central AirUtilities Available: Sewer; WaterParking: Covered; On SiteTenant Pays: Electricity; Heat; Hot Water;Insurance; Janitorial; Lawn; Sewer; SnowRemoval; Taxes; Trash; WaterTerms of Tenancy: Long Term

Lease Includes: Other - See RemarksLease Space Incl: Finished As Is; HandicapAccess; Private Lavatory; Single LevelLease Type: Triple NetOccupancy: Other - See RemarksASC/Condo Fee Incl: Exterior Maintenance;Lawn Maintenance; Sewer; Snow Removal;WaterMiscellaneous: # Off Str Prking Spc: 300; #Allocated Parking: 300; Mixed Use: NoIncome & Expenses: Annual Lease: 47,532Form of Ownership: LeaseholdPossession: ImmediateDocuments Available: Building Plan;Occupancy Permit; Other - See Remarks; PlotPlanAddress Exclusions: Exclude None

Dual Rate Comm N Sub Agent Comm 3 Transactn Lic Comm 0Buyer Agent Comm 3 Days On Market 3 Original List Price $ 47,532List Date 10/19/2015 Owner Houston Run Properties,

LLCStatus Change Date 10/19/2015

Expire Date 03/31/2016LM: Michael C Sheaffer -- Office Phone: (717) 587-2712 ext. 111; [email protected];LO: NAI Commercial Partners, Inc. -- Office Phone: (717) 283-0600; [email protected]; 930 Red Rose Court Ste. 200, Lancaster, PA 17601 USA


Information is deemed to be reliable, but is not guaranteed. © 2015 MLS and FBS. Prepared by NAI Commercial Partners, Inc. on Thursday, October 22, 2015 9:13 AM.The information on this sheet has been made available by the MLS and may not be the listing of the provider.

flexmls Web http://key.flexmls.com/cgi-bin/mainmenu.cgi?cmd=url+reports/dispatche...

1 of 1 10/22/2015 9:13 AM

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Tract No.1

ALL THAT CERTAIN tract or parcel of land known as Lot 7 of Houston Run-Phase I located in a southerly direction from Brackbiil Road (T-778), said tract being located in Salisbury Township, Lancaster County, Pennsylvania as shown on a Final Subdivision and Land Development Plan for Houston Run-Phase 1, prepared by ELA Group, Inc., Engineers and L11ndscape Architects, be~ngjob number 309-005. dated February 20, 2006, last revised June

14, 2006, recorded in and for the Lancaster County Recorder of Deeds Office in Plan Book J-229, Page 105, said tract being more fully bounded and described as follows:

BEGINNING AT A POINT, said point being located at the northeast comer of Lot 8, and said point being on the southerly right-of-way line of Brackbill Road (T-778); thence continuing along the southerly right of way line of Brackbill Road (T-778) the following five (5) courses: 1) on a curve to the left having a radius of one hundred seventy-five ( 175.00) feet, an arc length of one hundred three and eighty-six hundredths (103.86) feet, and a chord ofNorth seventy-nine (79) degrees eleven (11) minutes forty-eight (48) seconds East, one hundred two and thirty-four hundredths (I 02.34) feet to a point; 2) North sixty-two (62) degrees eleven (II) minutes forty-one ( 41) seconds East, two hundred fifty-one and thirty-five hundredths (251.35) feet to a point; 3) on a curve to the left having a radius of five hundred twenty-five (525.00) feet, an arc length of one hundred thirty-six and thirty-five hundredths (136.35) feet, and a chord of North fifty-four (54) degrees forty-five ( 45) minutes fifteen (15) seconds East, one hundred thirty-five and ninety-seven hundredths (135.97) feet to a point; 4) North forty-seven (47) degrees eighteen ( 18) minutes forty-nine ( 49) seconds East, ninety-nine and thirty-two hundredths (99.32) feet to a point; 5) on a curve to the right having a radius of one hundred seventy-five (175.00) feet, an arc length of one hundred nine and three hundredths (109.03) feet, and a chord of South sixty-five (65) degrees nine (09) minutes forty-one (41) seconds West, one hundred seven and twenty-seven hundredths (l 07 .27) feet to a point, said point being the northwest corner of Lot 6; thence continuing along Lot 6 the following three (3) courses: 1) South six (06) degrees fifty-nine (59) minutes twenty-seven (27) seconds East, two hundred eighty-three and two hundredths (283.02) feet to a point; 2) on a curve to the right'having a radius of two hundred forty-one (241.00) teet, an arc length of three hundred fifty-three and forty-three hundredths (353.43) feet, and a chord ofNorth fifteen (15) degrees thirty-eight (38) minutes thirty-seven (37) seconds East, three hundred twenty-two and sixty hundredths (322.60) feet to a point; 3) South twenty-seven (27) degrees forty-eight ( 48) minutes nineteen (19) seconds East, two hundred seventy-eight and thirteen hundredths (278.13) feet to a point, said point being the northerly railroad right-of-way line of lands of Amtrak Railroad; thence continuing along said Amtrak Railroad right-of~way South seventy-five (75) degrees eighteen (18) minutes forty-nine ( 49) seconds West, three hundred seventy-five and sixty hundredths (375.60) feet to a point, said point being the southeasterly comer of Lot 8; thence continuing along Lot 8 the following five (5) course: I) North twenty-seven (27) degrees forty-eight (48) minutes nineteen (19) seconds West, two hundred eighty-four and seventy-four hundredths (284.74) feet to a point; 2) North eighty-three (83) degrees forty-five (45) minutes fifteen (15) seconds West, two hundred nine and ten hundredths (209.1 0) feet to a point; 3) North ten (I 0) degrees forty-one (41) minutes twenty-three (23) seconds West, seventy and twenty-seven hundredths (70.27) feet to a point; 4) on a curve to the right having a radius of three hundred twenty-five (325.00) feet, an arc length of one hundred forty-two and thirty-nine hundredths (142.39) feet, and a chord of South one (01) degree fifty-one (51) minutes forty (40) seconds West, one hundred forty-one and twenty~five hundredths (141.25) feet to a point; 5) North fourteen ( 14) degrees twenty-four (24) minutes forty-three ( 43) seconds East, one hundred twenty-four and sixty hundredths (124.60) feet to a point THE PLACE OF BEGINNING.

CONTAINING: 9.28 acres.

UNDER AND SUBJECT TO the terms and conditions of a Storm water Management Agreement and Declaration of Easement between JoAnn Realty Associates, Ltd. and Salisbury Township dated October 24, 2006 and recorded December 28, 2006 in the Recorder of Deeds Office in and for Lancaster County, Pennsylvania, at Instrument No. 5584246.

ALSO UNDER AND SUBJECT TO the terms and conditions of a Declaration of Cross Easements made by JoAnn Realty Associates, Ltd. dated October 24, 2006 and recorded January 24, 2007 in the Recorder of Deeds Office aforesaid at Instrument No. 5590761.

ALSO UNDER AND SUBJECT to all other easements, rights-of-way, conditions and restrictions of record to the extent legal and still in full force and effect.

This lot contains Federally regulated wetlands. Any disturbance of these wetlands including discharge of dredged or fill material into these wetlands may require a Department of the Army permit pursuant to Section 404 of the Clean Water Act. Additional information may be obtained by contacting the appropriate Corps District.

Lancaster County Bonnie L. Bowman Recorder of Deeds 150 N. Queen Street Suite 315 Lancaster, PA 17603 Phone: 717-299-8238 Fax: 717-299-8393

INSTRUMENT# : 6015573 RECORDED DATE: 08/10/2012 08:57:22 AM

3391170-0015N

LANCASTER COUNTY ROD OFFICIAL RECORDING COVER PAGE Page 1 of 20

Document Type: MISC - NON MORTGAGE Transaction #: 3341872 - 4 Doc(s) 19 Transaction Reference: Simplifile : 30E8E2ES-4ED4- Document Page Count:

1483-3316-687046534A02 Operator Id: boydj Document Reference: RETURN TO: () **PLEASE NOTE: Recorded documents with completed Cover Pages are returned via email to the email address(es) identified above. Security Abstract of PA, Inc. 1741 Valley Forge Road Worcester, PA 19490 (610) 584-6890

GRANTOR(S)/MORTGAGOR(S): JO.LI.f\J N REALTY .LI.SSOCIATES LTD

* PROPERTY DATA: Parcel ID #:

Municipality: SALISBURY TOWNSHIP (100%) School District: * ASSOCIATED DOCUMENT(S):

FEES/ TAXES: RECORDING FEE: MISC - NON MORTGAGE CRC #6544 RIF #6543 WRIT TAX EXTRA PAGE FEE

Total:

$13.00 $2.00 $3.00 $0.50 $30.00

$48.50

SUBMITTED BY: () Security Abstract of PA, Inc. 1741 Valley Forge Road Worcester, PA 19490

GRANTEE(S)/ MORTGAGEE(S): JOANN REALTY ASSOCIATES LTD

INSTRUMENT# : 6015573 RECORDED DATE: 08/10/2012 08:57:22 AM

I hereby CERTIFY that this document is recorded in the Recorder of Deeds Office in Lancaster County, Pennsylvania.

Bonnie L. Bowman Recorder of Deeds

PLEASE DO NOT DETACH THIS PAGE IS NOW PART OF THIS LEGAL DOCUMENT

NOTE: If document data differs from cover sheet, document data always controls. *COVER PAGE DOES NOT INCLUDE ALL DATA, PLEASE SEE INDEX AND DOCUMENT AFTER RECORDING FOR ADDITIONAL

INFORMATION.

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1. 13' X 8' = 104 sq. ft. $ .1oo f n\(11\~ ( ~" \-c.J. ') 2. 13' X 10'6" = 136.5 sq. ft. $ ~so / Montv\

3. 13' X 10'6" = 136.5 sq. ft . .i 3Sn I t'f\ol\ ~~ 4. 13' X 14'6" = 188.5 sq. ft. $4oo { 0\01\~ 5. 11'6" X 10'6" = 120.75 sq. ft. S40o \"'o"h\

6. 18' X 17'6" + 16' X 4'6" (closet)= 387 sq. ft. 5 '-\so \ Mo"*"'

7. 22'6" X 15'- 3' X 4'6" (unusable closet)= 324 sq. ft. .$ 4 ~~o / ~"b, 8. 17'6" X 14'6" + 4'6" X 14'6" (closet)= 319 sq. ft. S'-t~'O / MCI/\~

9. 21' 6" X 15' + 8' X 2' (bump out counter)= 338.5 sq. ft. - Wo1 h~ l2..oo""

836 Houston Run Drive, Gap, PA 17527

Michael Sheaffer, Brokerage Advisor717.283.0600 x111

[email protected]

For more information contact:

836 Houston Run Drive, Gap, PA 17527

Michael Sheaffer, Brokerage Advisor 717.283.0600 x111

[email protected]

For more information contact:

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Member ofInternationalCouncil ofShoppingCenters

IndividualMember

IndividualMember

The information contained herein has been given to us by the owner of the property or other sources we deem reliable, we have no reason to doubt its accuracy, but we do not guarantee it. All information should be veri ed prior to purchase or lease. All nancial projections are estimates only. Results not guaranteed.

Lease AbstractCentral PA Rehabilitation Services, Inc.

Contact InformationDaniel A. Berger, CCIM, [email protected] [email protected] 717 283 0600 fax 717 283 0609www.naicpi.com

LANDLORD: The JoAnn Group

TENANT: Central PA Rehabilitation Services, Inc.

PROPERTY: Houston Run Professional Center - Salisbury Township 836 Houston Run Drive, Suite 101, Gap, PA 17527

TERM: Seven (7) Years

COMMENCEMENT DATE: July 1, 2010

TERMINATION DATE: June 30, 2017

SPACE: 4,898 SF

BASE RENT: $0.00 - Year 1 *$0.00 - Year 2 *

$4,734.74/Month ($56,816.80/Year) - Year 3 $4,876.78/Month ($58,521.30/Year) - Year 4 $5,023.08/Month ($60,276.94/Year) - Year 5 $5,173.77/Month ($62,085.25/Year) - Year 6 $5,328.98/Month ($63,947.81/Year) - Year 7

*Tenant pays its utility costs and prorata share of all operating expenses during Years 1 and 2

RENEWAL OPTION: Two (2) renewal options of fi ve (5) years each

RENEWAL OPTION RENT: Option 1 - July 1, 2017 - June 30, 2022

$5,204.13/Month ($62,449.50/Year) - Year 8 $5,360.25/Month ($64,322.99/Year) - Year 9 $5,521.06/Month ($66,252.67/Year) - Year 10 $5,686.69/Month ($68,240.25/Year) - Year 11 $5,857.29/Month ($70,287.46/Year) - Year 12

836 Houston Run Drive, Gap, PA 17527Lease Abstract: Central PA Rehabilitation Services


717.283.0600 x111

bhackerText BoxHouston Run Properties, LLC

Photos

Member ofInternationalCouncil ofShoppingCenters

IndividualMember

IndividualMember

The information contained herein has been given to us by the owner of the property or other sources we deem reliable, we have no reason to doubt its accuracy, but we do not guarantee it. All information should be veri ed prior to purchase or lease. All nancial projections are estimates only. Results not guaranteed.

Lease AbstractCentral PA Rehabilitation Services, Inc.

Contact InformationDaniel A. Berger, CCIM, [email protected] [email protected] 717 283 0600 fax 717 283 0609www.naicpi.com

RENEWAL OPTION RENT Option 2 - July 1, 2022 - May 31, 2027CONT’D: $6,033.01/Month ($72,396.09/Year) - Year 13 $6,214.00/Month ($74,567.97/Year) - Year 14 $6,400.42/Month ($76,805.01/Year) - Year 15

$6,592.43/Month ($79,109.16/Year) - Year 16 $6,790.20/Month ($81,482.43/Year) - Year 17

TENANT’S PROPORTIONATESHARE: 9.319%

TENANT PAYS: Separately metered utilities, interior janitorial, telephone and data services. Prorata share of Common Area Maintenance (CAM), which include landscaping, lighting, ground maintenance, sewer and other utility services not separately metered to Tenant, janitorial service of common area, snow removal, policing, property taxes, property insurance premiums for the entire Property, trash removal and a management fee not to exceed ten (10%) percent of the CAM expenses.

836 Houston Run Drive, Gap, PA 17527Lease Abstract: Central PA Rehabilitation Services


717.283.0600 x111