728 Springdale Drive
Exton, PA, 19341 $ 2,345,000
Bedrooms-- Baths-- Sq 11,000 Monthly Estimate*
$ 14,044
for $2,345,000. This 11,000 square foot building was built in 1984 on a lot size of 1.
We are pleased to present an exceptional commercial opportunity at 728 Springdale Dr., Exton, PA 19341. This prominent, two-story office building features 11,000 square feet of versatile workspace, with 5,400 square feet tenant-occupied and an additional 3,200 square feet currently occupied but available for immediate use by an owner/user or lease tenant. The property offers an attractive in-place cap rate of 6.6% with a Net Operating Income (NOI) of $155,681 Additionally, the pro forma cap rate is 7% with a Pro Forma NOI of $163,115, making it a highly attractive investment opportunity for both owner-users and investors. The property enjoys high visibility on Business Route 30 and offers the option to add additional access points on the first floor, making it ideal for businesses seeking flexibility and enhanced accessibility. Located within a Keystone Innovation Zone (KIZ), this building offers potential tax incentives and other benefits, making it a strategic choice for innovative businesses. With easy access to Routes 30, 202, 322, 100, and the PA Turnpike, the property provides convenient transportation options for employees, clients, and visitors. The 45 on-site parking spaces ensure ample availability, while very low association fees help keep operational costs manageable. With its flexible layout, prime location, and modern infrastructure, this property is ideal for a variety of business uses.
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FeaturesInteriorHeating Fuel Natural Gas
Hot Water Natural Gas
Total Stories 2
Heating Y/N Y
Central Air Y/N Y
Entry Level 1
Number of Elevators 0
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GeneralSewer Public Sewer
Heating Heat Pump(s)
Cooling Central A/C
Possession Negotiable
Zoning O/R
Construction Materials Masonry
Year Built 1984
Property Subtype Office
Tax Year 2024
FULL Fee Simple
Cool Fuel Electric
Municipality WEST WHITELAND TWP
Business Type Other
Accessibility Other
County CHESTER
Net Operating Income 149681.00
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions GPS
City EXTON
NumberOfUnitsTotal 3
MLS Area West Whiteland Twp (10341)
Lot Size Units Square Feet
Lot Size Square Feet 43560.00
Waterfront Y/N N
Tax Annual Amount 14436.0
Price Per Sq Ft Total AG 261.54
Lease Considered Y/N Y
Vacation Rental Y/N N
Location Type Business Park
Standard Status Active
Year Built Source Assessor
Tax Lot 0110
Cap Rate 6.40
Association Recreation Fee N
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ExteriorWater Source Public
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 8966.00
Lot Dimensions 0.00 x 0.00
Lot Size Acres 1.00
Lot Size Source Assessor
Land Assessed Value 120230.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $14,044
- Monthly Property Taxes
- $1,203
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Exton, PA
Average List Price $1,303,317
Percent of Sale Price 44%
About Exton, PA 4,682 Population
12% Since 2002
$ 77,726 Median Income
40.05 Median Age
29% Households with Children
Trends Information provided by ATTOM Data Solutions.
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
10/1/2024 | $2,345,000 | | Listed Price |