400 Lapp Road, Malvern, Pennsylvania 19355
Listing IDPACT2038894
Price$7,999,000
StatusACTIVE
SqFt
28,592
CountyChester
Year Built1999
Property TypeCommercial Sale
Property Sub TypeOffice
+/- 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
County
Chester
Price/SqFt
279.76
Property Sub Type
Office
Property Type
Commercial Sale
Year Built
1999
Zoning
O/BP
Building Total SqFt Source
Assessor
Central Air
yes
Cooling Type
Central A/C
Heating
yes
Heating Type
Other
Car Parking Spaces
102
Construction Materials
Other
Cooling Fuel
Other
Heating Fuel
Other
Hot Water
Other
Lot Dimensions Source
Assessor
Lot Size Dimensions
0.00 x 0.00
New Construction
no
Sewer Septic
Public Sewer
Tidal Water
no
Total Garage and Parking Spaces
102
Type of Parking
Parking Lot
Water Access
no
Water Oriented
no
Water Source
Public
Water View
no
Country
US
MLS Area
East Whiteland Twp (10342)
Municipality
EAST WHITELAND TWP
Waterfront
no
Accessibility Features
Other
Business Type
Professional
Days on Market
37
Land Use Code
C60
Potential Tenancy
Single
Year Assessed
2023
Year Built Source
Assessor
Automatically Update Tax Values
yes
Inclusions
+/- 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
Net SqFt
28000
Ownership Interest
Other
Possession
Negotiable
Riparian Rights
no
Sale Type
Standard
Tax Annual Amount
91844
Tax Assessed Value
3290000
Tax Data Updated
yes
Tax Lot
0024
Tax Year
2023
Vacation Rental
no
Listing courtesy of Pillar Real Estate Advisors 4848878202
© 2023 Bright MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Listing courtesy of Pillar Real Estate Advisors. Data last updated on Tuesday, May 30th, 2023 10:26:21 AM.
Contact - Listing ID PACT2038894
Brett Furman
528 East Lancaster Avenue
St. Davids, PA 19087
Phone: 610-687-6060
Phone Alt: 610-687-6060
Data services provided by IDX Broker
