141 Arrandale BlvdExton, PA 19341
- Office properties
- 7,796 SF
Property Details for 141 Arrandale Blvd
- Year built
- 1995
- Property size (Sq ft)
- 7,796 SF
- Zone code
- I1
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 4104 003002B0
- APU
- 4104003002B0
Description
This exceptional 7,812-square-foot executive office building, situated on a 55,324-square-foot lot in Exton, Pennsylvania, presents a compelling investment opportunity. Built in 1995, this single-story structure is currently leased to a daycare center under a long-term agreement with 4.5 years remaining, plus two five-year renewal options. The property boasts a fully sprinklered system and convenient access to all public utilities. Its private setting features mature trees and a fenced play yard, providing a tranquil and secure environment. Strategically located along Business Route 30, it offers easy access to the Exton Bypass, ensuring excellent visibility and convenient commuting for employees and clients. The building's proximity to a large office complex and retail center further enhances its desirability. The property is zoned I-1 Limited Industrial District, offering flexibility for future uses. The asking price is $1,650,000. This presents a rare chance to acquire a well-maintained, income-producing property in a prime Exton location. The substantial lot size and existing infrastructure provide significant potential for future development or expansion. This is an ideal investment for those seeking a stable, long-term income stream with significant upside potential. The property's current tenant and lease terms offer immediate cash flow, while the location and zoning provide flexibility for future repositioning.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,151,190
- 6.5%
- $1,985,713
- 7%
- $1,843,877
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,069,538
- Geo Method
- $1,018,625
-
Alternative Use
- Use
- Valuation
- Residential
- $2,462,284
- Hospitality
- $2,255,440
- Educational
- $1,876,499
- Medical
- $1,941,035
- Retail
- $2,918,999
Location Insight
- City
- Exton
- County
- Chester
- State
- Pennsylvania
- Latitude
- 40.0198
- Longitude
- -75.6587
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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