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The Pencil Factory 2337 Philmont Ave
31,000 SF 92% Leased Office Building Huntingdon Valley, PA 19006 $3,550,000 ($115/SF) 8.87% Cap Rate
Investment Highlights
- Near Septa West Trenton Rail Line
- Convenient to Holy Redeemer Hospital
- Dense Population
- Near Septa Route 88 Bus Line
- Free Parking
- Lower Property and Business Taxes than surrounding towns
Executive Summary
Property Facts
Amenities
- Air Conditioning
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
At American Legal Abstract we pride ourselves on doing business as unusual. That’s because business as usual is not good enough for us or for our clients. We are committed to being the best title insurance and settlement service provider in our market. Because we understand that preserving your client relationships is your top priority, we make it ours We’re attorney-based and service-oriented and can offer a wider scope of services, saving you time and effort by performing tasks such as deed preparation and obtaining mortgage payoff statements. Our professionalism and steadfast support of our business partners throughout the entire transaction make the real estate closing a cause for celebration for your clients.
- ASAP Language Learning Center
- -
- 600 SF
- -
- -
- Bryan A George Esq
- -
- 600 SF
- -
- -
From the moment we begin our business relationship we demonstrate our careful attention to detail that you will soon come to depend on. We start by listening to you, and finding out in which direction you wish your business or personal accounting services to go. After careful consideration, we advise you what steps should be taken to begin this journey. Finally, we prepare a program for you to suit your particular business or personal situation. But that’s not where it ends! Once you become one of our clients, we are always available to answer your questions, counsel you in financial matters, and discuss new circumstances as they may arise.
- First Amerinet Corp.
- -
- 1,200 SF
- -
- -
Jeffrey M. Brown Associates has offered construction management, general construction, design/build, construction consulting and project development services throughout the Northeast and mid-Atlantic regions of the United States since 1984. With one of its two offices in Huntingdon Valley, Pa., the firm serves residential, commercial, industrial and institutional sectors with new construction and renovations. Jeffrey M. Brown Associates delivers complex construction projects performed under unique and challenging circumstances, while serving as an advocate for its clients. <>
- JG McSherry Property Management
- -
- 840 SF
- -
- -
The Law Offices of Glen S. Barry, P.C. represent personal injury and wrongful death victims in Philadelphia, PA and the surrounding areas. We guarantee all callers will speak directly with an attorney to discuss their case.
MBA Abstract provides title insurance and settlement services locally and nationally. Our goal is to serve our clients in a professional manner with personalized service, quick turnaround time and reasonable costs. We maintain the highest level of integrity and adherence to industry standards. A dream collaboration by the owners, Maria Bogdanova and Alana London, MBA Abstract officially opened in 2006. Together, these two young entrepreneurs have been in the title insurance industry for over 20 years. They are constantly enhancing their knowledge and adjusting to the ups and downs typical of the business. MBA Abstract is the perfect pairing of synergistic individuals and tripled in size within the span of one year. With a loyal client base and a staff of knowledgeable title professionals, MBA Abstract will take care of the details so you can focus on your clients.
- Swan Life Essentials
- -
- 600 SF
- -
- -
Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
- | 2,250 SF | - | - | |||
ASAP Language Learning Center | - | 600 SF | - | - | ||
Bryan A George Esq | - | 600 SF | - | - | ||
- | 750 SF | - | - | |||
First Amerinet Corp. | - | 1,200 SF | - | - | ||
- | 2,250 SF | - | - | |||
JG McSherry Property Management | - | 840 SF | - | - | ||
- | 600 SF | - | - | |||
- | 600 SF | - | - | |||
Swan Life Essentials | - | 600 SF | - | - |
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Space is currently being used as a physical training center for children. It has some private offices and its past use has always been office space.
Flex space that can be used as either industrial or office. Space is currently built out as a warehouse but can be converted to office by the owner for a price of $18.50 SF/Yr. The office space would look like the other office spaces in the building. The space has its own entrance and windows on either side of the space.
12 individual offices varying from 85 square feet to 400 square feet. Utilities included along with WiFi and printer. These spaces are fairly new to the market place. Six have been Leased out
This is co-share space which will be available November 1, 2024. It is all inclusive including WiFi. There is a common area kitchen and common area conference area.
Space | Size | Space Use | Condition | Available |
1st Fl-Ste 107 & 107A | 2,270 SF | Office | Partial Build-Out | Now |
1st Fl - 108 | 2,750 SF | Flex | Shell Space | 30 Days |
2nd Fl-Ste 202 | 80 SF | Office | Full Build-Out | Now |
2nd Fl-Ste 202 Suite#6 | 110 SF | Office | - | Now |
1st Fl-Ste 107 & 107A
Size |
2,270 SF |
Space Use |
Office |
Condition |
Partial Build-Out |
Available |
Now |
1st Fl - 108
Size |
2,750 SF |
Space Use |
Flex |
Condition |
Shell Space |
Available |
30 Days |
2nd Fl-Ste 202
Size |
80 SF |
Space Use |
Office |
Condition |
Full Build-Out |
Available |
Now |
2nd Fl-Ste 202 Suite#6
Size |
110 SF |
Space Use |
Office |
Condition |
- |
Available |
Now |
1st Fl-Ste 107 & 107A
Size | 2,270 SF |
Space Use | Office |
Condition | Partial Build-Out |
Available | Now |
Space is currently being used as a physical training center for children. It has some private offices and its past use has always been office space.
1st Fl - 108
Size | 2,750 SF |
Space Use | Flex |
Condition | Shell Space |
Available | 30 Days |
Flex space that can be used as either industrial or office. Space is currently built out as a warehouse but can be converted to office by the owner for a price of $18.50 SF/Yr. The office space would look like the other office spaces in the building. The space has its own entrance and windows on either side of the space.
2nd Fl-Ste 202
Size | 80 SF |
Space Use | Office |
Condition | Full Build-Out |
Available | Now |
12 individual offices varying from 85 square feet to 400 square feet. Utilities included along with WiFi and printer. These spaces are fairly new to the market place. Six have been Leased out
2nd Fl-Ste 202 Suite#6
Size | 110 SF |
Space Use | Office |
Condition | - |
Available | Now |
This is co-share space which will be available November 1, 2024. It is all inclusive including WiFi. There is a common area kitchen and common area conference area.
PROPERTY TAXES
Parcel Number | 41-00-06946-006 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $887,500 |
PROPERTY TAXES
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The Pencil Factory | 2337 Philmont Ave
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