460 Creamery WayExton, PA 19341

  • Office properties
  • 43,040 SF
For Lease
$16.50/SF/YR View listing

Property Details for 460 Creamery Way

Year built
1991
Lot size
4.00 AC
Property size (Sq ft)
43,040 SF
Zone code
I1
Property type
Office properties
Property subtype
Office buildings
APN
4104 00311700
APU
410400311700

Description

This exceptional medical office building, located at 460 Creamery Way in Exton, Pennsylvania, offers a rare opportunity to lease prime space within the desirable Oaklands Corporate Park. Built in 1991, the building boasts a total of 43,040 square feet and features two suites currently available. The minimum divisible space is 4,149 square feet, with a maximum contiguous space of 4,035 square feet. A total of 8,184 square feet is currently vacant and ready for immediate occupancy. The property is situated on a substantial 7,705,241,280 square foot lot, providing ample space and a park-like setting. The building is conveniently located in Chester County, Pennsylvania, with the zip code 19341. Ample on-site parking is available for tenants and their clients. This property is ideal for medical practices seeking modern, well-maintained office space in a highly sought-after location. The building's classification as a medical office ensures it meets the specific needs and requirements of healthcare professionals. The available space presents a unique opportunity for expansion or relocation for medical practices of various sizes. The property's location within Oaklands Corporate Park offers easy access to major roadways and amenities, making it a convenient and attractive location for both employees and clients.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $11,876,244
    6.5%
    $10,962,686
    7%
    $10,179,637
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,904,685
    Geo Method
    $5,623,606
  • Alternative Use

    Use
    Valuation
    Residential
    $13,593,731
    Hospitality
    $12,451,785
    Educational
    $10,359,739
    Medical
    $10,716,026
    Retail
    $16,115,149
460 Creamery Way, Exton, Pennsylvania

Location Insight

City
Exton
County
Chester
State
Pennsylvania
Latitude
40.0204
Longitude
-75.6543
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$105,108
$419,880
$3,206,120
$3,626,000
-
$419,880
$3,303,440
$3,723,320

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