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Unit 3 & 4 832 Germantown Pike 6,900 SF 100% Leased Office Building Plymouth Meeting, PA 19462 $1,495,000 ($216.67/SF) 7.93% Cap Rate
INVESTMENT HIGHLIGHTS
- Professional Free Standing 2 unit Condo Building
- Prime Location on Highly Traveled Germantown Pike (RT 422)
- 85 Parking Spaces
EXECUTIVE SUMMARY
OWNER FINANCING POSSIBLE !
Ideal opportunity for owner/user or investor or both! Condominium office- Owner occupied 2500 sf on main level with an additional lower level of 1900 sf. LabCorp occupies 2500 sf on main level. Property has 4 gas fired heaters on main level, and 2 heat pumps on lower level. There are 6 powder rooms/ 2 in LabCorp, 2 in owners unit and 2 in lower level. Over abundance of Parking, not dedicated, shared. Excellent location 2 +/- mile from the Pa Turnpike and I-476. See attached floor plans.
Ideal opportunity for owner/user or investor or both! Condominium office- Owner occupied 2500 sf on main level with an additional lower level of 1900 sf. LabCorp occupies 2500 sf on main level. Property has 4 gas fired heaters on main level, and 2 heat pumps on lower level. There are 6 powder rooms/ 2 in LabCorp, 2 in owners unit and 2 in lower level. Over abundance of Parking, not dedicated, shared. Excellent location 2 +/- mile from the Pa Turnpike and I-476. See attached floor plans.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
6,900 SF
Building Class
B
Year Built
1990
Price
$1,495,000
Price Per SF
$216.67
Cap Rate
7.93%
NOI
$118,564
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,450 SF
Building FAR
1.32
Lot Size
0.12 AC
Zoning
B - B - Residential district that permits Medical offices. Presently Dr's office and a Blood drawing Lab.
Parking
85 Spaces (12.32 Spaces per 1,000 SF Leased)
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- LabCorp
- Health Care and Social Assistance
-
99,999 SF
- -
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| LabCorp | Health Care and Social Assistance | 99,999 SF | - | Jan 0000 |
1 1
PROPERTY TAXES
| Parcel Number | 49-00-04075-304 | Total Assessment | $565,910 (2025) |
| Land Assessment | $0 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $0 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
49-00-04075-304
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$565,910 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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Unit 3 & 4 | 832 Germantown Pike
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