This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
8 E Germantown Pike
3,000 SF Vacant Office Building Plymouth Meeting, PA 19462 $865,000 ($288/SF) 6.47% Cap Rate
Investment Highlights
- Convenience
- In excellent condition
- Nearby landmarks include Plymouth Meeting Mall, The Metroplex, and Whitemarsh Township.
- Attractive building
- Near major highways like the Schuylkill Expressway (I-76), the Pennsylvania Turnpike (I-276), and Route 476
- Philadelphia is around 20 minutes away, making Plymouth Meeting a desirable location for businesses
Executive Summary
Financial Summary (Actual - 2022) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$72,000
|
$24.00
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$72,000
|
$24.00
|
| Taxes |
$12,000
|
$4.00
|
| Operating Expenses |
$4,000
|
$1.33
|
| Total Expenses |
$16,000
|
$5.33
|
| Net Operating Income |
$56,000
|
$18.67
|
Financial Summary (Actual - 2022)
| Gross Rental Income | |
|---|---|
| Annual | $72,000 |
| Annual Per SF | $24.00 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $72,000 |
| Annual Per SF | $24.00 |
| Taxes | |
|---|---|
| Annual | $12,000 |
| Annual Per SF | $4.00 |
| Operating Expenses | |
|---|---|
| Annual | $4,000 |
| Annual Per SF | $1.33 |
| Total Expenses | |
|---|---|
| Annual | $16,000 |
| Annual Per SF | $5.33 |
| Net Operating Income | |
|---|---|
| Annual | $56,000 |
| Annual Per SF | $18.67 |
Property Facts
Amenities
- Security System
- Kitchen
- Basement
- Central Heating
- Fully Carpeted
- Natural Light
- Partitioned Offices
- Wi-Fi
- Hardwood Floors
- Air Conditioning
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Downey Spevak
- Finance and Insurance
- 1,500 SF
- -
- Plus All Utilities
- Oct 2024
-
- Real Estate
- 1,500 SF
- -
- Plus All Utilities
- Mar 2024
Forged Real Estate is a boutique commercial real estate brokerage company focused on investment sales. We specialize in single and multi-tenant net lease assets nationwide and represent clients of investment properties through dispositions, acquisitions, 1031 exchanges, and sale-leasebacks. With more than thirty years of experience, our team has built tremendous relationships in this industry and we take great pride in our reputation with clients as well as fellow brokers. We add value, always put our clients first and have become a trusted partner to numerous real estate developers, owners, and investors. We will exceed your expectations and cannot wait to work with you. Founded in 2021, located in Plymouth Meeting, Pennsylvannia.
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| Downey Spevak | Finance and Insurance | 1,500 SF | - | Plus All Utilities | Oct 2024 | |
|
|
Real Estate | 1,500 SF | - | Plus All Utilities | Mar 2024 |
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Excellent condition - 2nd floor with great natural light perfect for professional services company, real estate, law firm, accounting, consulting, etc. Attractive building completely rebuilt in 2001 with great parking, and location, convenient to blue route, northeast extension, turnpike, Schuylkill expressway in Plymouth Meeting near Germantown and Butler pike. 3 private offices with conference room which could also be used as an office. Also, open space to accommodate 4-6 cubes. Pantry with small fridge, microwave and sink. Powder room.
| Space | Size | Space Use | Condition | Available |
| 2nd Floor | 1,500 SF | Office | Full Build-Out | Now |
2nd Floor
| Size |
| 1,500 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Floor
| Size | 1,500 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Excellent condition - 2nd floor with great natural light perfect for professional services company, real estate, law firm, accounting, consulting, etc. Attractive building completely rebuilt in 2001 with great parking, and location, convenient to blue route, northeast extension, turnpike, Schuylkill expressway in Plymouth Meeting near Germantown and Butler pike. 3 private offices with conference room which could also be used as an office. Also, open space to accommodate 4-6 cubes. Pantry with small fridge, microwave and sink. Powder room.
PROPERTY TAXES
| Parcel Number | 65-00-04744-006 | Total Assessment | $358,690 (2024) |
| Land Assessment | $148,200 (2024) | Annual Taxes | $12,000 ($4.00/SF) |
| Improvements Assessment | $210,490 (2024) | Tax Year | 2022 |
PROPERTY TAXES
-
Patrick Gallagher -
Berkshire Hathaway Fox & Roach - Devon-Wayne
Presented by
8 E Germantown Pike
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.