Situated adjacent to U.S. Route 309 between the Lehigh Valley and Philadelphia, the Property benefits from its proximity to two of Pennsylvania’s largest MSA populations. Further, the 309 connector project is underway and will provide direct access from U.S. Route 309 to the Lansdale interchange of I-476, which will be a significant logistical advancement.
By-Right Zoning Optionality
Located in the ‘Planned Industrial (PI)’ zoning district, allowing for several attractive uses by-right, including but not limited to the following:
Manufacturing; Wholesale Business and Warehouse; Truck Terminal; (IOS) Outdoor Storage or Display;
Excellent Labor Pool
215 Cathill Road is a member of renowned, Bucks County, Pennsylvania. The Property is accessible to nearly 700,000 people within a 30-minute drive, offering excellent labor density for subsequent ownership.
Limited Surrounding Industrial Availabilities
Neighboring submarkets including Quakertown, Souderton, Montgomeryville, and Lansdale boast an average vacancy rate of just 2.1%, indicating the strength of the region and creating an attractive opportunity to benefit from the overflow of investors and operators alike and their subsequent flight to quality assets
Quakertown - 3,865,207 SF inventory with 3.5% vacancy rate
Souderton - 6,429,634 SF inventory with 3.2% vacancy rate
Lansdale - 7,353,402 SF inventory with 0.2% vacancy rate
Montgomeryville - 6,158,846 SF inventory with 1.5% vacancy rate
