1900 AM Dr - Medical FOR SALE
Quakertown, PA 18951 |
$7,000,000 USD
215-880-8300
1900 AM Dr
Quakertown, PA 18951
HIGHLIGHTS
- Zoning is highly flexible and accommodates for several business uses.
- Multiple corporate neighbors surround the property and include St. Luke's, LifeQuest, McDonald's, and Holiday Inn.
- The building is only minutes to Route 663 and the PA Turnpike 476.
- A single drive-in bay is also accessible in the rear.
OVERVIEW
Equis Commercial Real Estate Services is pleased to present to all investors an opportunity to own 1900 AM Dr which is a 46,000 SF multi office building. Currently the standing cap rate is 7.06% which corresponds to the exist NOI of $328,314 with a value add of 38.71% on additional lease up. The projected Cap is 14.07%.
FOR SALE DETAILS
PRICE
$7,000,000 USD
PRICE/SF
$152 USD /SF
CAP RATE
4.69%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Quakertown Interchange
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
TOTAL BUILDING SIZE
-
STORIES
2
BUILDING CLASS
B
YEAR BUILT
1983
SPRINKLERS
-
PARKING SPACES
230
LAND DETAILS
LAND ACRES
6.38 AC
LAND SF
277,913 SF
ZONING
23I, Milford Twp
APN/PARCEL ID
23-002-150-001
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215-880-8300
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215-880-8300
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