Office Space
768 North Bethlehem Pike Spring House, PA 19002

Details & Description

Price: $6,073,096

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 ID: 269227
Property URL: melqr.com/269227
Generated: 04-27-24

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.

Office Space / Pennsylvania / Spring House / 19002 / 768 North Bethlehem Pike

768 North Bethlehem Pike

Spring House, PA 19002

Listing ID: 269227

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Building Size: 51,494 SF

Lot Size: 6.360 AC

Land Size: 277,041 SF

Building $/SF: $117.94

Land $/SF: $21.92

Price

$6,073,096

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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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 Population		4,637	46,164	131,485
Population Median Age		46	42	41
Population by Age	0-9 Yrs	432 (9%)	4827 (10%)	14968 (11%)
	10-19 Yrs	604 (13%)	6061 (13%)	16562 (12%)
	20-29 Yrs	337 (7%)	4791 (10%)	13376 (10%)
	30-39 Yrs	405 (8%)	4714 (10%)	15357 (11%)
	40-49 Yrs	503 (10%)	5738 (12%)	17095 (13%)
	50-59 Yrs	671 (14%)	7160 (15%)	19445 (14%)
	60-69 Yrs	722 (15%)	6544 (14%)	18357 (13%)
	70+ Yrs	962 (20%)	6329 (13%)	16325 (12%)

Median HH Income		$94,063	$108,082	$106,875
Total Household Income	< 24K	186 (9%)	1494 (8%)	4193 (8%)
	25-49K	277 (14%)	2457 (13%)	6630 (13%)
	50-74K	379 (19%)	2445 (13%)	6538 (13%)
	75-99K	156 (8%)	1942 (10%)	6353 (12%)
	100-199K	454 (23%)	5001 (28%)	15528 (30%)
	200K+	471 (24%)	4354 (24%)	10895 (21%)

Highest Education Level	No Diploma	124	1154	2961
	Diploma or GED	571	5374	17331
	Some College	339	4108	12311
	Assoc. Degree	241	2256	6331
	Bachelors Degree	1149	10816	30147
	Higher Degree	1043	9171	24141

Total Housing Units		2,091	18,537	52,317
--Owner-Occupied		1,432	13,345	38,700
--Renter-Occupied		492	4,348	11,437
Owner-Occupied Values	< 100K	23	179	1027
	100-199K	144	665	2998
	200-299K	190	1838	7828
	300-399K	333	3079	9212
	400-499K	226	2648	6734
	500K+	516	4936	10901

Total Working Age Population		3,833	37,600	105,941
In Work Force		2,216	25,110	72,310
Not In Work Force		1,617	12,491	33,631
Workforce Employed		2,150	24,042	69,347
Workforce Unemployed		66	1,048	2,884
Civlian Workforce		2,216	25,090	72,231
Military Workforce		0	19	79

Total Households		1,924	17,693	50,137
Family Households		1,227	12,588	35,550
Non-Family Households		697	5,105	14,587
Married Couple		1,054	10,712	30,285
Other Family		173	1,877	5,265
Married w/Child		393	4,327	12,595
Single Male w/Child		8	294	669
Single Female w/Child		86	639	1,832

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Pennsylvania	12,281,054	+3	12,702,379	+4	13,230,170	+4	13,759,594
Bucks County	597,635	+5	625,249	+1	629,420	+1	637,730
Montgomery County	750,097	+7	799,874	+5	838,883	+6	891,868
Philadelphia County	1,517,550	+1	1,526,006	+8	1,653,729	+6	1,753,054

Total Working Age Population:

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Total Working Age Population:

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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.

Common Questions and Answers

What is the asking price for 768 North Bethlehem Pike in Spring House?

The asking price for 768 North Bethlehem Pike is $6,073,096

What is the building size of this Office property in Spring House, PA?

The size of the building/unit at 768 North Bethlehem Pike in Spring House is 51,494 square feet

How much land does the Spring House, PA property at 768 North Bethlehem Pike include?

768 North Bethlehem Pike in Spring House includes 6.360 acres of land

What kind of Office is the propery at 768 North Bethlehem Pike?

The property at 768 North Bethlehem Pike Spring House, PA 19002 is listed as a Professional Office property

What is the population within 1 mile of 768 North Bethlehem Pike in Spring House?

The population within 1 mile of 768 North Bethlehem Pike Spring House, PA 19002 is 4,637 people.

Who do I contact for questions about 768 North Bethlehem Pike?

You should contact the listing agent, Craig Fernsler, for any details regarding this commercial listing.

Other Listings for Sale Nearby

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1012 Old Bethlehem Pike, Spring House, PA	$395,000	1500	2
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526 Greenwood Avenue, Jenkintown, PA	$1,200,000	9108	0.51
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Closest Commercial Airports

Airport	Distance (mi)
Philadelphia International Airport (PHL)	21
Newark Liberty International Airport (EWR)	66
La Guardia Airport (LGA)	82