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Executive Summary
M.S. Fox Real Estate Group is pleased to present the opportunity to acquire a three story Class A office building totaling approximately 84,210 square feet on 3.35 acres in Jenkintown, Pennsylvania. The property offers a compelling combination of in place cash flow and future value creation.
Located at 101 West Avenue, the building benefits from a highly walkable setting near Jenkintown’s downtown retail and dining district and is directly adjacent to the Jenkintown Wyncote Station. The station provides Regional Rail service throughout the Greater Philadelphia area, while the property also offers convenient access to the Pennsylvania Turnpike, Route 309, and Route 611.
The building is ADA compliant and features a secure FOB access system. Recent capital improvements include upgrades to interior lighting, restrooms, and common areas, highlighted by a dramatic atrium style lobby entrance. The property is served by two elevators and provides abundant on site parking with 287 total spaces, including covered parking.
The property is anchored by a nationally recognized financial institution which represents a rare opportunity to acquire a high quality suburban office asset in a premier inner suburban location.
Located at 101 West Avenue, the building benefits from a highly walkable setting near Jenkintown’s downtown retail and dining district and is directly adjacent to the Jenkintown Wyncote Station. The station provides Regional Rail service throughout the Greater Philadelphia area, while the property also offers convenient access to the Pennsylvania Turnpike, Route 309, and Route 611.
The building is ADA compliant and features a secure FOB access system. Recent capital improvements include upgrades to interior lighting, restrooms, and common areas, highlighted by a dramatic atrium style lobby entrance. The property is served by two elevators and provides abundant on site parking with 287 total spaces, including covered parking.
The property is anchored by a nationally recognized financial institution which represents a rare opportunity to acquire a high quality suburban office asset in a premier inner suburban location.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
84,210 SF
Building Class
B
Year Built/Renovated
1990/2019
NOI
$827,000
Percent Leased
91%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
28,070 SF
Slab To Slab
12’
Building FAR
0.58
Lot Size
3.35 AC
Zoning
GC - Gateway Commercial Zoning
Parking
287 Spaces (3.41 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Atrium
- Controlled Access
- Security System
- Signage
- Skylights
- Monument Signage
- Air Conditioning
- Fiber Optic Internet
- Smoke Detector
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
- 2nd Floor
- 1,195 SF
- Office
- Partial Build-Out
- Now
- 2nd Fl-Ste 201
- 5,628 SF
- Office
- Partial Build-Out
- 30 Days
- 2nd Fl-Ste 210
- 13,420 SF
- Office
- Partial Build-Out
- 30 Days
- 3rd Fl-Ste 301
- 2,413 SF
- Office
- Partial Build-Out
- 30 Days
Great office sublease featuring a reception area, multiple private offices, a large kitchenette, conference room, and open work area.
| Space | Size | Space Use | Condition | Available |
| 2nd Floor | 1,195 SF | Office | Partial Build-Out | Now |
| 2nd Fl-Ste 201 | 5,628 SF | Office | Partial Build-Out | 30 Days |
| 2nd Fl-Ste 210 | 13,420 SF | Office | Partial Build-Out | 30 Days |
| 3rd Fl-Ste 301 | 2,413 SF | Office | Partial Build-Out | 30 Days |
| 3rd Fl-Ste 303 | 6,194 SF | Office | Full Build-Out | Now |
2nd Floor
| Size |
| 1,195 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| Now |
2nd Fl-Ste 201
| Size |
| 5,628 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| 30 Days |
2nd Fl-Ste 210
| Size |
| 13,420 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| 30 Days |
3rd Fl-Ste 301
| Size |
| 2,413 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| 30 Days |
3rd Fl-Ste 303
| Size |
| 6,194 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
3rd Fl-Ste 303
| Size | 6,194 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Great office sublease featuring a reception area, multiple private offices, a large kitchenette, conference room, and open work area.
Property Taxes
| Parcel Number | 10-00-04840-001 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,893,250 |
Property Taxes
Parcel Number
10-00-04840-001
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,893,250
1 of 10
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
101 West Ave
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