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411 Old Baltimore Pike 14,476 SF 65% Leased Office Building Chadds Ford, PA 19317 $2,500,000 ($172.70/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- 12,745 SF Class A Commercial Building for Sale
- Regional CPA Firm to Sign 5 Year Lease for 2nd Floor at Closing (or vacate, if preferable)
- Large, On-Site Parking Lot with Full High Visibility
- Highway Commercial Zoning with Signage on Route 1 in Chadds Ford
- New 1st Floor Corporate HQ Lease in Place Through September 2028
- Easy Access to Route 1, Route 202, and Route 95
EXECUTIVE SUMMARY
12,745 SF Class A Commercial
Building for Sale
• Highway Commercial Zoning
with Signage on Route 1 in
Chadds Ford
• Regional CPA Firm to Sign 5 Year
Lease for 2nd Floor at Closing
(or vacate, if preferable)
• New 1st Floor Corporate HQ
Lease in Place Through
September 2028
• Large, On-Site Parking Lot with
Full High Visibility
• Easy Access to Route 1, Route
202, and Route 95
Building for Sale
• Highway Commercial Zoning
with Signage on Route 1 in
Chadds Ford
• Regional CPA Firm to Sign 5 Year
Lease for 2nd Floor at Closing
(or vacate, if preferable)
• New 1st Floor Corporate HQ
Lease in Place Through
September 2028
• Large, On-Site Parking Lot with
Full High Visibility
• Easy Access to Route 1, Route
202, and Route 95
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Office
Property Subtype
Medical
Building Size
14,476 SF
Building Class
B
Year Built
2003
Price
$2,500,000
Price Per SF
$172.70
Cap Rate
6.50%
NOI
$162,500
Percent Leased
65%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,238 SF
Building FAR
0.20
Lot Size
1.70 AC
Zoning
HC - Zoning is for areas along major roads, allowing for a variety of commercial uses such as retail stores, offices, service businesses.
Parking
33 Spaces (1.73 Spaces per 1,000 SF Leased)
1 1
PROPERTY TAXES
| Parcel Number | 64-003-0081.0000 | Improvements Assessment | $592,430 |
| Land Assessment | $140,470 | Total Assessment | $732,900 |
PROPERTY TAXES
Parcel Number
64-003-0081.0000
Land Assessment
$140,470
Improvements Assessment
$592,430
Total Assessment
$732,900
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411 Old Baltimore Pike
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