Bldg A/B | 826-828 Newtown Yardley Rd
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Bldg A/B 826-828 Newtown Yardley Rd
118,946 SF 100% Leased Office Building Newtown, PA 18940 For Sale
Investment Highlights
- Excellent Visibility
- Convenient Location
- Combined Traffic County of 34,000 Vehicles Per Day
Executive Summary
Avison Young (“Advisor”) is pleased to present to qualified investors the opportunity to purchase 826-828 Newtown Yardley Road (“Property”). The 118,946 square-foot property is 88.7% leased to six tenants, with rental rates 21.3% below those of comparable properties in the Newtown submarket, offering a significant value-add opportunity. The 20.88-acre site includes a 6.4-acre outparcel that was previously approved for a 32,000-square-foot medical office building, providing additional upside potential.
Originally built in 1968 and fully renovated in 1999, the property has received ongoing capital investment, preserving its desirable campus-like setting. The property is ideally located off Exit 8 of I-295 in prestigious Newtown, Pennsylvania, offering convenient access to major highways and a wide range of amenities. Its prominent position at the intersection of Newtown Yardley Road and the Newtown Bypass provides excellent visibility and signage, with combined traffic count exceeding 34,000 vehicles per day. The property’s current LI – Light Industrial zoning also allows for various redevelopment possibilities, including medical office, manufacturing, distribution, and car dealerships.
Originally built in 1968 and fully renovated in 1999, the property has received ongoing capital investment, preserving its desirable campus-like setting. The property is ideally located off Exit 8 of I-295 in prestigious Newtown, Pennsylvania, offering convenient access to major highways and a wide range of amenities. Its prominent position at the intersection of Newtown Yardley Road and the Newtown Bypass provides excellent visibility and signage, with combined traffic count exceeding 34,000 vehicles per day. The property’s current LI – Light Industrial zoning also allows for various redevelopment possibilities, including medical office, manufacturing, distribution, and car dealerships.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
118,946 SF
Building Class
B
Year Built/Renovated
1968/1999
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
59,473 SF
Slab To Slab
12’
Building FAR
0.21
Lot Size
13.10 AC
Zoning
29LI - allows for office, medical, R & D uses.
Parking
600 Spaces (5.04 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
Parcel Number | 29-010-086 | Improvements Assessment | $1,415,630 |
Land Assessment | $245,550 | Total Assessment | $1,661,180 |
PROPERTY TAXES
Parcel Number
29-010-086
Land Assessment
$245,550
Improvements Assessment
$1,415,630
Total Assessment
$1,661,180
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Bldg A/B | 826-828 Newtown Yardley Rd
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