215 W Church Rd - Office FOR SALE


King Of Prussia, PA 19406- Valley Forge/King of Prussia
$4,950,000 USD
717-554-4881
215 W Church Rd, King Of Prussia, PA for Sale
$4,950,000 USD
Office - FOR SALE
1/19
null | 9.58% Cap Rate

215 W Church Rd
King Of Prussia, PA 19406
Valley Forge/King of Prussia


HIGHLIGHTS

  • 100% leased to a diverse roster of tenants
  • Average tenant tenure in excess of 10 years
  • Below market rents with potential to move rents to market
  • Strong location in a top suburban Philadelphia submarket

OVERVIEW

SCOPE Commercial Real Estate Services, LLC “SCOPE” is pleased to exclusively present 215 W. Church St. King of Prussia, PA . The 61,032 square foot building is a 3-story office building, and is 100% occupied by a variety of tenants. The diverse rent roll includes roofing contractors, medical supply companies, insurance companies, real estate companies, therapists, and chiropractors. Several of the tenants have been long-time occupants of the building, appreciating the value for the rent and prime location. Current ownership, an experienced local real estate firm, has been in place for over a decade, and has professionally managed and cared for the building over their tenure. Recent upgrades include landscaping, painting, and interior suite upgrades. The property is located in a key location within King of Prussia, PA, one of the most prominent submarkets in the region, with access to I-76, Route 202, I-476, Route 422, and the King of Prussia Mall. King of Prussia has a dense and affluent population, terrific access to the highway system, and easy access to the City of Philadelphia. This building represents an opportunity for new ownership to move rents to market and continue to capitalize on an attractive asset in a thriving and in-demand market.

FOR SALE DETAILS

PRICE

$4,950,000 USD

PRICE/SF

$81 USD /SF

CAP RATE

9.58%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

150

LAND DETAILS

LAND ACRES

3.65 AC

LAND SF

158,994 SF

ZONING

LI

APN/PARCEL ID

58-00-03355-007

ASK ABOUT THIS PROPERTY

Craig DunkleSCOPEMore Info
717-554-4881

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Craig DunkleSCOPEMore Info
717-554-4881

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