215 Church RdKing of Prussia, PA 19406
- Industrial properties
- 85,320 SF
Property Details for 215 Church Rd
- Year built
- 1976
- Lot size
- 4.79 AC
- Property size (Sq ft)
- 85,320 SF
- Zone code
- LI
- Property type
- Industrial properties
- Property subtype
- Other warehouses
- APN
- 58-00-03355-00-7
- APU
- 580003355007
Description
This exceptional investment opportunity presents two strategically located office buildings in King of Prussia, Pennsylvania's thriving Montgomery County. The portfolio comprises a multi-tenant office building and a single-tenant building currently under a long-term lease with Playtime Pet Resort. The combined portfolio offers a substantial 55,324 square feet of net rentable space, distributed across two buildings situated on a 4.79-acre lot. Currently boasting 100% occupancy, this stabilized investment features a weighted average lease term remaining (WALT) exceeding six years, providing significant long-term income potential. The property is zoned LI (Limited Industrial) and is offered for sale either as a complete portfolio or as two individual properties. Note that if sold separately, a condominium structure would be established. The address is 215-217 W Church Rd, King of Prussia, PA 19406. Individual building square footage ranges from 16,015 to 55,324 square feet. This presents a rare opportunity to acquire a high-performing, fully leased commercial real estate portfolio in a prime location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $24,596,752
- Hospitality
- $22,530,492
- Educational
- $18,745,104
- Medical
- $19,389,778
- Retail
- $29,159,052
Location Insight
- City
- King Of Prussia
- County
- Montgomery
- State
- Pennsylvania
- Latitude
- 40.0835
- Longitude
- -75.3608
- 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
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