134 N Wayne Ave
Wayne, PA 19087
Suburban Building · Office Property For Sale

On behalf of ownership, Avison Young is pleased to offer for sale the Suburban Building (“Property”), a 15,150 SF, Class A, retail and office investment opportunity located in the heart of Wayne, Pennsylvania. The Property was completely renovated from 2011-2014 and is situated in an irreplaceable in-fill location along Philadelphia’s Main Line – a prestigious area along SEPTA’s Paoli/Thorndale Rail Line defined by affluence and surrounded by some of the wealthiest communities in the country. The Suburban Building is occupied by both office and retail tenants that serve Wayne’s wealthy shoppers who are attracted to the building because of its accessible location across from the Wayne Train Station. The tenant base is diverse with six tenants occupying from 824 to 3,612 SF with either NNN or Base Year Expense Reimbursements which translate to predictable cash returns for the future owner. The Suburban Building is located within the Main Line sub-market which houses the strongest office and retail leasing markets in the Philadelphia region. The Suburban Building will continue to appeal to tenants due to its location across from the Wayne Train Station and high-end fit out which separates it from its competition. The Property has been 100% renovated and boasts high ceilings with exposed wood beams and ample natural light which is in high demand among users seeking collaborative and creative space. The Suburban Building represents a rare opportunity to own a highly leased, iconic asset in the heart of The Main Line with the highest quality of finish detail and a diverse tenant mix.