728 SPRINGDALE DR Active

Exton,PA 19341

$ 2345000

- Bed

- Bath

8966 SqFt


Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 8,966 sqft

Price per Sqft $261

MLS Listing ID PACT2075364

Year Built 1984

Annual Tax Amount $14,290

Tax Year 2023

Lot Size 1.000 Acres

Property Description

We are pleased to present an exceptional commercial opportunity at 728 Springdale Dr., Exton, PA 19341. This prominent, two-story office building features 11,000 square feet of versatile workspace, with 5,400 square feet tenant-occupied and an additional 3,200 square feet currently occupied but available for immediate use by an owner/user or lease tenant.

The property offers an attractive in-place cap rate of 6.6% with a Net Operating Income (NOI) of $155,681 Additionally, the pro forma cap rate is 7% with a Pro Forma NOI of $163,115, making it a highly attractive investment opportunity for both owner-users and investors.

The property enjoys high visibility on Business Route 30 and offers the option to add additional access points on the first floor, making it ideal for businesses seeking flexibility and enhanced accessibility.

Located within a Keystone Innovation Zone (KIZ), this building offers potential tax incentives and other benefits, making it a strategic choice for innovative businesses.

With easy access to Routes 30, 202, 322, 100, and the PA Turnpike, the property provides convenient transportation options for employees, clients, and visitors. The 45 on-site parking spaces ensure ample availability, while very low association fees help keep operational costs manageable.

With its flexible layout, prime location, and modern infrastructure, this property is ideal for a variety of business uses.

Location

State PA

County Chester

Area West Whiteland Twp (10341)

Zoning O/R

Interior

Hot Water Natural Gas

Heating Heat Pump(s)

Cooling Central A/C

Exterior

Garage Spaces 45.0

Waterfront N

Water Access N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District West Chester Area

Others

Special Listing Condition Standard

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