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1440 Russell Rd 7,890 SF Office Building Paoli, PA 19301 $1,850,000 ($234.47/SF) 6.60% Cap Rate
INVESTMENT HIGHLIGHTS
- Long-term NNN lease with behavioral health tenant in place.
- Zoned C-1 allowing office, retail, and personal service uses.
- NOI of $122,100 with lease through June 2030 and renewal option.
- Located in walkable Paoli near Daylesford SEPTA station.
- 50 on-site parking spaces and new HVAC system installed.
EXECUTIVE SUMMARY
Rare NNN Medical Office Investment Opportunity in Paoli.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Conditions
Property Type
Office
Property Subtype
Medical
Building Size
7,890 SF
Building Class
C
Year Built
1968
Price
$1,850,000
Price Per SF
$234.47
Cap Rate
6.60%
NOI
$122,100
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
3,945 SF
Building FAR
0.26
Lot Size
0.70 AC
Zoning
C-1
Parking
50 Spaces (6.34 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
| Parcel Number | 43-10J-0081.01A0 | Improvements Assessment | $236,650 |
| Land Assessment | $85,460 | Total Assessment | $322,110 |
PROPERTY TAXES
Parcel Number
43-10J-0081.01A0
Land Assessment
$85,460
Improvements Assessment
$236,650
Total Assessment
$322,110
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1440 Russell Rd
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