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900 Lenmar Dr 6,265 SF 100% Leased Office Building Blue Bell, PA 19422 $1,340,000 ($213.89/SF) 8% Cap Rate
Investment Highlights
- Norristown Transportation Center: Approximately 4.5 miles away, offering access to SEPTA's 100 Line and R6 Line.
- Bus Routes 98 & 95: Serve the area, with stops near Union Meeting & Harvest Dr.
- Gwynedd Valley Station: About 3.5 miles away, served by the Lansdale/Doylestown Line (LAN).
- Philadelphia International Airport: Approximately 29 to 36 miles away.
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Office
Building Size
6,265 SF
Building Class
C
Year Built
1950
Price
$1,340,000
Price Per SF
$213.89
Cap Rate
8%
NOI
$107,200
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
3,132 SF
Building FAR
0.14
Lot Size
1.04 AC
Zoning
C - Commercial
Parking
16 Spaces (2.55 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
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Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 66-00-06214-002 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $459,830 |
Property Taxes
Parcel Number
66-00-06214-002
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$459,830
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Contact the Sale Advisor
900 Lenmar Dr