Penn National Insurance Plaza

Off-Market

2 North 2nd Street, Harrisburg, PA 17101

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - General Office
  • Property Size 245,702 SF
  • Lot Size 0.38 Acre
  • Property Tenancy Multi-Tenant
  • Building Class A
  • Year Built 1997

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Brokers

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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Harrisburg

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Harrisburg Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2022 Avg. Asking Rent $18.71
  • 2022 Office Vacancy Rate 17.97%
  • 2022 Office Completions (SF)

Harrisburg Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2022 Avg. Price per SF $113.49
  • 2022 Office Sales Volume $36.1M
  • 2022 Number of Transactions 8
View more Harrisburg market trends

Location

Getting Around

  • Walk Score ®

    95/100 Walker's Paradise
  • Transit Score ®

    51/100 Good Transit
  • Bike Score ®

    63/100 Bikeable
Powered by Walk Score ®
  • City Harrisburg, PA
  • Neighborhood Downtown Harrisburg
  • Zip Code 17101
  • Market Harrisburg

Points of Interest

  • Harrisburg

    0.31 miles

  • Middletown

    8.72 miles

  • M&H Railroad

    9.40 miles

  • ChargePoint Charging Station

    0.46 miles

  • Exxon

    0.55 miles

  • Speedway

    0.56 miles

  • Citgo

    0.81 miles

  • Hess

    1.29 miles

  • Sunoco

    1.53 miles

  • Gulf

    1.72 miles

  • Sheetz

    1.89 miles

  • Quality Gas

    2.04 miles

  • Shell

    2.16 miles

  • Walnut St. Garage

    0.11 miles

  • Market Square Garage

    0.11 miles

  • Locust St. Garage

    0.18 miles

  • River St. Garage

    0.18 miles

  • Chestnut St. Garage

    0.21 miles

  • 5th St. Garage

    0.29 miles

  • South St. Garage

    0.30 miles

  • UPMC Southgate Professional Building Parking Lot (Visitors & Staff Only)

    0.45 miles

  • 7th St. Garage

    0.62 miles

  • Capital Area Greenbelt Parking

    1.77 miles

  • Hilton Harrisburg

    0.05 miles

  • Crowne Plaza Harrisburg-Hershey

    0.10 miles

  • Alva Hotel and Restaurant

    0.24 miles

  • Quality Inn

    0.44 miles

  • City House B&B

    0.60 miles

  • Towne House Suites

    0.70 miles

  • Econo Lodge

    1.58 miles

  • Penn Harris Trademark by Wyndham

    1.77 miles

  • Korman Communities Harrisburg

    1.84 miles

  • Holiday Inn Express & Suites

    2.97 miles

  • Palumbo's Italian Eatery

    0.10 miles

  • 2nd Wok

    0.10 miles

  • Dunkin'

    0.11 miles

  • Sandwich Man

    0.12 miles

  • Subway

    0.13 miles

  • El Sol

    0.14 miles

  • Taco Amigos

    0.14 miles

  • Arooga's Downtown

    0.15 miles

  • Two Brother's Pizza

    0.16 miles

  • Stocks on 2nd

    0.16 miles

  • Capital Area School for the Arts

    0.15 miles

  • Harrisburg University of Science and Technology

    0.19 miles

  • Temple University Harrisburg

    0.21 miles

  • State Street Academy of Music

    0.39 miles

  • Benjamin Franklin Elementary School

    0.77 miles

  • Webster School

    0.79 miles

  • Vernon School

    0.94 miles

  • Harrisburg Area Community College

    1.02 miles

  • Downey Early Childhood School

    1.10 miles

  • Lincoln School

    1.11 miles

  • Tender Years

    1.83 miles

  • KinderCare

    2.16 miles

  • Building Blockz Academy

    2.54 miles

  • KinderCare

    3.50 miles

  • Kindercare

    3.85 miles

  • DLA Child Development Center

    4.09 miles

  • Kids on Campus Child Development Center

    4.30 miles

  • Capital Area Head Start

    4.56 miles

  • The Children's Garden

    4.69 miles

  • Little Learners' Child Development Center

    4.91 miles

Frequently Asked Questions

What is the total square footage of Penn National Insurance Plaza?

Penn National Insurance Plaza totals 245,702 square feet.

When was this property built?

Penn National Insurance Plaza was built in 1997.

What is the property tax for Penn National Insurance Plaza?

The property tax for Penn National Insurance Plaza in 2023 was $578,012.

What is the market value for Penn National Insurance Plaza?

The market value* for Penn National Insurance Plaza in 2023 was $12,836,500.

*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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