1633 Republic Rd - Warehouse FOR SALE


Huntingdon Valley, PA 19006
$2,250,000 USD
610-276-3153
1633 Republic Rd, Huntingdon Valley, PA for Sale
$2,250,000 USD
Warehouse - FOR SALE
1/3
null | Request Cap Rate

1633 Republic Rd
Huntingdon Valley, PA 19006


OVERVIEW

Avison Young is pleased to offer 1633 Republic Road (the “Property”) for sale to qualified investors. Located adjacent to the Pennsylvania Turnpike in a dense infill area, the Property consists of a single-tenant, 15,000-square-foot flex building situated on 1.03 acres. The building was fully renovated in 2019 and is currently leased at a rental rate approximately 21% below the estimated market rate of $12.00 PSF NNN. Originally constructed in 1978, the Property is well-equipped with two dock doors, one drive-in door, and clear heights ranging from 16’3” to 16’10”. The building’s functional layout, combined with its outdoor storage component, supports a wide range of industrial and flex uses. The existing tenancy has demonstrated commitment to the location, including the execution of a five-year renewal option in 2025. The Property is strategically located in Huntingdon Valley along Interstate 276, providing strong connectivity to Philadelphia and the surrounding suburbs. It is situated within a dense infill industrial market, with a 0.4% vacancy rate for flex and industrial buildings under 50,000 square feet within a one-mile radius, representing approximately 1.2 million square feet of existing inventory. The Property’s location, functionality, and limited supply in the immediate area support sustained tenant demand and long-term rent growth.

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/SF

$150 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

UTILITIES

Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

16.833333333333332 Ft

DOCKS

2

DRIVE INS

1

PARKING SPACES

35

LAND DETAILS

LAND ACRES

1.03

LAND SF

44,867

ZONING

B-IND

APN/PARCEL ID

41-00-07927-852

ASK ABOUT THIS PROPERTY

Adam GillespieAvison YoungMore Info
610-276-3153

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Adam GillespieAvison YoungMore Info
610-276-3153

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.