1065 Andrew DrWest Chester, PA 19380

  • Office properties
  • 5,160 SF
For Lease
$22/SF/YR View listing

Property Details for 1065 Andrew Dr

Year built
2005
Lot size
0.12 AC
Property size (Sq ft)
5,160 SF
Zone code
R3
Property type
Office properties
Property subtype
Other office properties
APN
5203 00972400
APU
520300972400

Description

This exceptional 7,300+ square foot medical office space is available for lease in West Chester, Pennsylvania. Located at 1065 Andrew Drive, this single-tenant property offers a total of 10,320 square feet within the building. Currently fully occupied, this presents a rare opportunity for a medical practice seeking established space in a high-demand area. The property boasts excellent visibility from Route 202, a major thoroughfare with a high volume of daily traffic (75,000 vehicles per day), ensuring significant exposure for your business. Situated in Chester County, this location benefits from a high population density, providing a substantial pool of potential patients. The property's address is 1065 Andrew Drive, West Chester, PA 19380. This is a single-tenant occupancy building, offering a dedicated and private space for your practice. The property is conveniently located near major transportation routes, making it easily accessible for both staff and patients. This fully occupied building presents a unique opportunity to acquire a well-established medical office space in a thriving West Chester community. The property's size and location make it ideal for a variety of medical practices seeking a prominent presence in a high-traffic area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,747,380
    6.5%
    $1,612,966
    7%
    $1,497,754
  • Comparable approach

    Method
    Valuation
    Relative Method
    $868,076
    Geo Method
    $674,206
  • Alternative Use

    Use
    Valuation
    Residential
    $2,000,078
    Hospitality
    $1,832,061
    Educational
    $1,524,253
    Medical
    $1,576,675
    Retail
    $2,371,060
1065 Andrew Dr, West Chester, Pennsylvania

Location Insight

City
West Chester
County
Chester
State
Pennsylvania
Latitude
39.9896
Longitude
-75.5914
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
$16,994
$49,850
$536,390
$586,240
-
$49,850
$536,390
$586,240

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