728 Springdale Dr Exton, PA 19341

This exceptional investment opportunity presents a two-story, 11,000-square-foot office building in Exton, Pennsylvania. Located at 728 Springdale Drive, this Class B property boasts a 100% occupancy rate with three tenants across 8,966 net rentable square feet. The current net operating income (NOI) is $155,681, yielding a 6.64% cap rate, with a pro-forma NOI of $163,115 and a pro-forma cap rate of 6.96%. The building, constructed in 1985, sits on a one-acre lot and features 45 on-site parking spaces. Zoned O/R, it offers versatile space suitable for executive, medical, or traditional office uses. The property benefits from its strategic location on Business Route 30, providing high visibility and convenient access to major roadways including Routes 30, 202, 322, 100, and the Pennsylvania Turnpike. The building is situated within a Keystone Innovation Zone (KIZ), potentially offering tax incentives. The asking price is $2,345,000, representing a price per square foot of $213.18. The property is offered fee simple and includes low association fees. Approximately 5,400 square feet is currently tenant-occupied, with an additional 3,200 square feet immediately available for owner-user occupancy or lease to a new tenant. The potential for additional first-floor access points enhances the property's flexibility and appeal.