Office Space - For Sale
400 Lapp Road Malvern, PA 19355
Details & Description
Price: $7,999,999
  • Property Type Office for Sale : Professional
  • Lot Size Acres 3.600
  • Building Sq Ft 28,000
  • Building Price per Sq Ft $280.00
  • Land Sq Ft 156,816
  • Land Price per Sq Ft $51.02
+/- 28,000 SF Class A Office Building• Can be subdivided into four 7,000 SF Suites• Fully Leased by Stream Companies until April 2027• NOI of $603,186 (NNN Lease)• Potential for Lease Buyout Negotiation for User Buyers• Approximately 1 Mile from PA 76 Turnpike slip ramp• Easily Accessible to Route 29, Route 202, Route 30• Can be subdivided upon potential Lease Buyout• Can be delivered with high level furnishings if desired
Additional Photos
Listing Agents
Andrew Carlino

O: 484-887-8202
M: 610-733-1499
acarlino@pillarrealestateadvisors.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.

400 Lapp Road

Malvern, PA 19355

Listing ID: 300175
$7,999,999
For Sale
  • Property Type Office for Sale : Professional
  • Lot Size Acres 3.600
  • Building Sq Ft 28,000
  • Building Price per Sq Ft $280.00
  • Land Sq Ft 156,816
  • Land Price per Sq Ft $51.02
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Description

+/- 28,000 SF Class A Office Building
• Can be subdivided into four 7,000 SF Suites
• Fully Leased by Stream Companies until April 2027
• NOI of $603,186 (NNN Lease)
• Potential for Lease Buyout Negotiation for User Buyers
• Approximately 1 Mile from PA 76 Turnpike slip ramp
• Easily Accessible to Route 29, Route 202, Route 30
• Can be subdivided upon potential Lease Buyout
• Can be delivered with high level furnishings if desired

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Malvern Area Market Trends

Listing Demographics for 400 Lapp Road Malvern, PA 19355

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 Population2,31325,82583,362
Population Median Age344041
Population by Age0-9 Yrs375 (16%)3023 (11%)9149 (10%)
10-19 Yrs260 (11%)3481 (13%)11133 (13%)
20-29 Yrs334 (14%)2854 (11%)8541 (10%)
30-39 Yrs509 (22%)3571 (13%)10099 (12%)
40-49 Yrs312 (13%)3191 (12%)10753 (12%)
50-59 Yrs257 (11%)3920 (15%)12236 (14%)
60-69 Yrs135 (5%)2990 (11%)10370 (12%)
70+ Yrs129 (5%)2793 (10%)11082 (13%)
Median HH Income$130,858$122,587$118,932
Total Household Income< 24K33 (4%)671 (6%)2612 (8%)
25-49K25 (3%)748 (7%)3180 (9%)
50-74K66 (8%)1224 (12%)3901 (12%)
75-99K73 (9%)982 (10%)3350 (10%)
100-199K367 (45%)3297 (34%)10956 (34%)
200K+245 (30%)2728 (28%)8061 (25%)
Highest Education LevelNo Diploma335641685
Diploma or GED16624198515
Some College12219986824
Assoc. Degree168233185
Bachelors Degree586627220845
Higher Degree625585817850
Total Housing Units8819,87133,409
--Owner-Occupied5826,94524,905
--Renter-Occupied2262,7067,155
Owner-Occupied Values< 100K12196546
100-199K25259758
200-299K317344804
300-399K8013395026
400-499K14012804353
500K+29431379419
Total Working Age Population1,77120,77267,489
In Work Force1,39014,35545,282
Not In Work Force3806,41722,207
Workforce Employed1,35813,69543,450
Workforce Unemployed326601,724
Civlian Workforce1,39014,35545,174
Military Workforce00108
Total Households8099,65132,060
Family Households6856,75522,410
Non-Family Households1242,8969,650
Married Couple6545,77119,253
Other Family309843,157
Married w/Child3902,7338,341
Single Male w/Child0287662
Single Female w/Child0259960

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Pennsylvania12,281,054+312,702,379+413,230,170+413,759,594
Chester County433,501+15498,886+7533,837+7573,576
Montgomery County750,097+7799,874+5838,883+6891,868

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.

Listing Location & Map Views
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Closest Commercial Airports
Airport Distance (mi)
Philadelphia International Airport (PHL) 20
Newark Liberty International Airport (EWR) 85
Baltimore Washington International (Thurgood Marshall Airport) (BWI) 86
Listing Agent
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