1166-1188 Dekalb Pike Blue Bell Pa. 19422Blue Bell, PA 19422

Property Details for 1166-1188 Dekalb Pike Blue Bell Pa. 19422

Lot size

88,000.00 AC

Property size (Sq ft)

30,000 SF

Property type

Office properties

Property subtype

Other office properties

Description

This exceptional commercial property, located at 1166-1188 Dekalb Pike in Blue Bell, Pennsylvania, presents a compelling investment opportunity. The complex comprises three buildings totaling 30,000 square feet on an expansive 88,000-square-foot lot. The main building, a three-story structure with a partial fourth floor, offers approximately 25,800 square feet of modern office space, served by an elevator. Floor plans are efficient, with the first floor encompassing roughly 7,200 square feet and the second and third floors each approximately 7,800 square feet. An additional 3,000 square feet of finished office space is available in the penthouse. Two single-story commercial buildings at 1188 Dekalb Pike complement the main structure. Currently, the property boasts twelve tenants, primarily franchisees, with a 37% occupancy rate and a modified lease structure allowing for 3-5% annual rent bumps. Built in 1972 with significant renovations in 1990, 2022, and 2023, the property is classified as Class B and zoned for commercial office and retail use. The asking price is $3,990,000, translating to $133 per square foot. Ample surface parking is available, and the property is beautifully landscaped. This multi-tenant, value-add investment presents significant potential for increased revenue and return. The strategic location and versatile space make this a highly attractive opportunity for discerning investors.

Location Insight

City

Blue Bell

County

Montgomery

State

Pennsylvania

Latitude

40.1618

Longitude

-75.2945

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