740 Springdale DrExton, PA 19341

Property Details for 740 Springdale Dr

Year built

1986

Lot size

4.80 AC

Property size (Sq ft)

49,274 SF

Zone code

I1

Property type

Office buildings

APN

4106 01050000

APU

410601050000

Description

This exceptional two-story office building, totaling 47,938 square feet, presents a fantastic opportunity for businesses seeking high-quality executive office space in a desirable location. Situated in the Whiteland Business Park off Route 30, this Class B building boasts recent renovations completed in 2015, including a new roof, updated common areas, a stunning two-story atrium lobby, and a refreshed parking lot. New bathrooms are slated for completion in early fall. The property features excellent landscaping and ample parking, with a ratio of 4.32 spaces per 1,000 square feet, totaling 207 spaces. Currently, there are 4,655 square feet of vacant space available, with a maximum contiguous space of 2,991 square feet. The building is zoned I1-Industrial by West Whiteland Township. This prime location offers easy access to major roadways including Routes 100, 202, and the 30 Bypass, placing your business within minutes of Exton Mall, Main Street @ Exton, numerous restaurants, and the Chester Valley Trail. The lease rate is $18.50 per square foot, plus electricity. The building consists of two suites; one on the first floor (2,889 square feet) and one on the second floor (13,128 square feet). Don't miss this chance to establish your business in a thriving and convenient location.

• CAP approach

  CAP return

  Valuation

  6%

  $13,596,423

  6.5%

  $12,550,544

  7%

  $11,654,077

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,759,932

  Geo Method

  $6,438,141

• Alternative Use

  Use

  Valuation

  Residential

  $15,562,675

  Hospitality

  $14,255,326

  Educational

  $11,860,264

  Medical

  $12,268,157

  Retail

  $18,449,300

Location Insight

City

Exton

County

Chester

State

Pennsylvania

Latitude

40.0299

Longitude

-75.604

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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