400 Lapp Rd - Medical FOR SALE


Malvern, PA 19355
$7,500,000 USD
215-915-9967
400 Lapp Rd, Malvern, PA for Sale
$7,500,000 USD
Medical - FOR SALE
1/8
null | 8.04% Cap Rate

400 Lapp Rd
Malvern, PA 19355


HIGHLIGHTS

  • Property has a modern floor plan for all tenants, including amenities.

OVERVIEW

A very flexible opportunity for immediate occupancy, investment potential or sub-dividable lease buyout. This 28,000 +/- SF Class A Office Building is currently fully leased until April 2027 with an NOI of $603,186 (NNN Lease). Potential lease buyout for user buyer occupant along with sub-dividable potential with lease buyout option. Great location, approximately 1 Mile from PA 76 Turnpike. Easily accessible to Route 29, Route 202 & Route 30 . Within close proximity to major residential development.

FOR SALE DETAILS

PRICE

$7,500,000 USD

PRICE/SF

$262 USD /SF

CAP RATE

8.04%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

102

LAND DETAILS

LAND ACRES

3.6 AC

LAND SF

156,816 SF

ZONING

O/BP

APN/PARCEL ID

42-004-0024.0000

ASK ABOUT THIS PROPERTY

Anthony NanniBerkshire Hathaway Fox & Roach - Devon-WayneMore Info
215-915-9967

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Anthony NanniBerkshire Hathaway Fox & Roach - Devon-WayneMore Info
215-915-9967

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