Office Space - For Sale
768 North Bethlehem Pike Spring House, PA 19002
Details & Description
Price: $6,073,096
  • Property Type Office for Sale : Professional
  • Lot Size Acres 6.360
  • Building Sq Ft 51,494
  • Building Price per Sq Ft $117.94
  • Land Sq Ft 277,041
  • Land Price per Sq Ft $21.92
Tremendous Class B office complex for sale at a 9% CAP rate in Lower Gwynedd Township, PA. 95% occupied. With tremendous demographics 45,148 population in a 3 mile radius and $159,238 average household income. A unique investment real estate asset that has been totally recently upgraded with many capital improvements and upside potential for lease rates. Included in the sale are three office buildings with shared parking and amenities.
Property Highlights
 Currently access and temperature setting are able to be completely monitored and changed remotely.
 2 buildings include highspeed internet access to tenants from both Verizon and Comcast.
Listing Agents
Craig Fernsler
KW Commercial
O: 215-816-5835
M: 215-654-6011
cfernsler@kwcommercial.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

768 North Bethlehem Pike

Spring House, PA 19002

Listing ID: 269227
$6,073,096
For Sale
  • Property Type Office for Sale : Professional
  • Lot Size Acres 6.360
  • Building Sq Ft 51,494
  • Building Price per Sq Ft $117.94
  • Land Sq Ft 277,041
  • Land Price per Sq Ft $21.92
  • 768 North Bethlehem Pike Spring House, PA 19002 | for Sale | Photo 1
  • 768 North Bethlehem Pike Spring House, PA 19002 | for Sale | Photo 2
  • 768 North Bethlehem Pike Spring House, PA 19002 | for Sale | Photo 3
768 North Bethlehem Pike | for Sale | Thumbnail 1
768 North Bethlehem Pike | for Sale | Thumbnail 2
768 North Bethlehem Pike | for Sale | Thumbnail 3
Property Highlights
 Water and Sewer
 2 buildings include highspeed internet access to tenants from both Verizon and Comcast.
 Within a 5-10 minute drive to Wings Private Airport located in Blue Bell, PA
 On-site parking 3.33 spaces per 1,000 rentable square feet.
 Currently access and temperature setting are able to be completely monitored and changed remotely.
 Ambler Train station nearby which is a very large commuter hub.
Description

Tremendous Class B office complex for sale at a 9% CAP rate in Lower Gwynedd Township, PA. 95% occupied. With tremendous demographics 45,148 population in a 3 mile radius and $159,238 average household income. A unique investment real estate asset that has been totally recently upgraded with many capital improvements and upside potential for lease rates. Included in the sale are three office buildings with shared parking and amenities.

Points of Interest & Demographic Radii
Points of Interest
Demographic Radii
POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
 
Philadelphia History of Office Space for Sale

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Spring House Area Market Trends

Listing Demographics for 768 North Bethlehem Pike Spring House, PA 19002

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population4,63746,164131,485
Population Median Age464241
Population by Age0-9 Yrs432 (9%)4827 (10%)14968 (11%)
10-19 Yrs604 (13%)6061 (13%)16562 (12%)
20-29 Yrs337 (7%)4791 (10%)13376 (10%)
30-39 Yrs405 (8%)4714 (10%)15357 (11%)
40-49 Yrs503 (10%)5738 (12%)17095 (13%)
50-59 Yrs671 (14%)7160 (15%)19445 (14%)
60-69 Yrs722 (15%)6544 (14%)18357 (13%)
70+ Yrs962 (20%)6329 (13%)16325 (12%)
Median HH Income$94,063$108,082$106,875
Total Household Income< 24K186 (9%)1494 (8%)4193 (8%)
25-49K277 (14%)2457 (13%)6630 (13%)
50-74K379 (19%)2445 (13%)6538 (13%)
75-99K156 (8%)1942 (10%)6353 (12%)
100-199K454 (23%)5001 (28%)15528 (30%)
200K+471 (24%)4354 (24%)10895 (21%)
Highest Education LevelNo Diploma12411542961
Diploma or GED571537417331
Some College339410812311
Assoc. Degree24122566331
Bachelors Degree11491081630147
Higher Degree1043917124141
Total Housing Units2,09118,53752,317
--Owner-Occupied1,43213,34538,700
--Renter-Occupied4924,34811,437
Owner-Occupied Values< 100K231791027
100-199K1446652998
200-299K19018387828
300-399K33330799212
400-499K22626486734
500K+516493610901
Total Working Age Population3,83337,600105,941
In Work Force2,21625,11072,310
Not In Work Force1,61712,49133,631
Workforce Employed2,15024,04269,347
Workforce Unemployed661,0482,884
Civlian Workforce2,21625,09072,231
Military Workforce01979
Total Households1,92417,69350,137
Family Households1,22712,58835,550
Non-Family Households6975,10514,587
Married Couple1,05410,71230,285
Other Family1731,8775,265
Married w/Child3934,32712,595
Single Male w/Child8294669
Single Female w/Child866391,832

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Pennsylvania12,281,054+312,702,379+413,230,170+413,759,594
Bucks County597,635+5625,249+1629,420+1637,730
Montgomery County750,097+7799,874+5838,883+6891,868
Philadelphia County1,517,550+11,526,006+81,653,729+61,753,054

Total Working Age Population:

Total Households:

Total Working Age Population:

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Closest Commercial Airports
Airport Distance (mi)
Philadelphia International Airport (PHL) 21
Newark Liberty International Airport (EWR) 66
La Guardia Airport (LGA) 82
Listing Agent
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