826-828 Newtown Yardley Rd - Medical FOR SALE


Newtown, PA 18940
$18,500,000 USD
610-276-3153
826-828 Newtown Yardley Rd, Newtown, PA for Sale
$18,500,000 USD
Medical - FOR SALE
1/27
null | Request Cap Rate

826-828 Newtown Yardley Rd
Newtown, PA 18940


HIGHLIGHTS

  • Excellent Visibility
  • Combined Traffic County of 34,000 Vehicles Per Day
  • Convenient Location

OVERVIEW

Avison Young (“Advisor”) is pleased to present to qualified investors the opportunity to purchase 826-828 Newtown Yardley Road (“Property”). The 118,946 square-foot property is 88.7% leased to six tenants, with rental rates 21.3% below those of comparable properties in the Newtown submarket, offering a significant value-add opportunity. The 20.88-acre site includes a 6.4-acre outparcel that was previously approved for a 32,000-square-foot medical office building, providing additional upside potential. Originally built in 1968 and fully renovated in 1999, the property has received ongoing capital investment, preserving its desirable campus-like setting. The property is ideally located off Exit 8 of I-295 in prestigious Newtown, Pennsylvania, offering convenient access to major highways and a wide range of amenities. Its prominent position at the intersection of Newtown Yardley Road and the Newtown Bypass provides excellent visibility and signage, with combined traffic count exceeding 34,000 vehicles per day. The property’s current LI – Light Industrial zoning also allows for various redevelopment possibilities, including medical office, manufacturing, distribution, and car dealerships. 826-828 Newtown Yardley Road is offered for sale at $18,500,000, which includes $15,940,000 for the existing building ($134 per square foot; 10.02% cap rate on in-place income) and $2,560,000 for the developable 6.4-acre parcel ($80/FAR). This pricing reflects a unique opportunity for investors seeking both stable income and long-term growth potential.

FOR SALE DETAILS

PRICE

$18,500,000 USD

PRICE/SF

$156 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bldg A/B

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

600

LAND DETAILS

LAND ACRES

20.88 AC

LAND SF

909,533 SF

ZONING

29LI

APN/PARCEL ID

29-010-086

ASK ABOUT THIS PROPERTY

Adam GillespieAvison YoungMore Info
610-276-3153

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Adam GillespieAvison YoungMore Info
610-276-3153

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.