3 Friends Ln - Office FOR SALE


Newtown, PA 18940
$6,500,000 USD
215-757-2500
3 Friends Ln, Newtown, PA for Sale
$6,500,000 USD
Office - FOR SALE
1/10
null | 7.04% Cap Rate

3 Friends Ln
Newtown, PA 18940


OVERVIEW

SVN® is pleased to present a rare opportunity to acquire a high-quality, single-tenant absolute net-leased office investment in the heart of Newtown Township, one of the region’s most desirable submarkets. This ±20,000 square foot, three-story office building is fully leased to a well established financial institution with a history of strong growth and positive financial metrics, occupying the property since 2017. This offering presents an ideal opportunity for investors seeking stable returns, and a passive ownership structure with minimal landlord responsibilities. The property features exceptional curb appeal, blending stately design with modern functionality. Strategically positioned in a highly visible and easily accessible location, it offers direct connectivity to major regional thoroughfares. Located at the signalized intersection of Friends Lane and Newtown Yardley Road, at the gateway of Newtown Industrial Commons. Close proximity to numerous prominent restaurants, retailers, hotels, and eclectic shopping. Excellent regional accessibility—just 0.6 miles from PA-332, 1.8 miles from I-295/I-95, and 4.2 miles from the Scudder Falls Bridge—providing direct access to Philadelphia, Central and Southern New Jersey, and New York.

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$334 USD /SF

CAP RATE

7.04%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Three Friends Lane

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

3.01 AC

LAND SF

131,116 SF

ZONING

OL-1

APN/PARCEL ID

29-010-107

ASK ABOUT THIS PROPERTY

Chichi E. Ahia, SIORSVN Ahia Commercial Real EstateMore Info
215-757-2500

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Chichi E. Ahia, SIORSVN Ahia Commercial Real EstateMore Info
215-757-2500

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