Office Building with
For Lease
Contact for pricing
10 Friends Ln, Newtown, PA 18940
26,000 SF office building with a courtyard, offering expansion potential up to 59,000 SF.
Space Size13,000 SF
Lot Size8.00 Acres
Days on Market1072
Property Features for 10 Friends Ln
General Information
Standard status
Active
Size
13,000 SF
Lot size
8.00 Acres
Property subtype
OFFICE
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
courtyard
building signage opportunity
Spaces For Lease
at 10 Friends Ln
10 Friends Ln
$25/SF/Yr
Floor
2
Size
13,000 SF
Type
OFFICE
Lease Type
PLUS_ELECTRIC
Availability
AVAILABLE, Now
Sublease
No
- 26,000 SF office building available with the opportunity to expand to 59,000 SF
- A former lab with an approved 33,000 SF addition on 8 acres
- Rental rate: $25.00/SF + Electric
- Building signage opportunity
- Ideal for medical, health or life sciences users
- 5/1,000 SF ratio
- Courtyard
- Minutes from I-95 and directly off Route 322
Contact us
Listing Agency:
JLL | Philadelphia
(215) 988-5500
Listed By:
Patrick Grenko · License #RS320559
(215) 399-1803
Source:
Moodyscre
Added: Nov 22, 2023
Changed: Oct 25
Last Checked: Oct 28 at 12:18PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JLL | Philadelphia
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
A 26,000 SF office building is available with the opportunity to expand up to 59,000 SF. The property includes a courtyard and is described as a former lab, with an approved 33,000 SF addition. Building signage opportunity is available.
The site is minutes from I-95 and directly off Route 322, providing convenient access for office and medical-focused operations.
A practical leasing consideration is the existing configuration and the approved expansion footprint, which may support growth beyond the current available space.
The site is minutes from I-95 and directly off Route 322, providing convenient access for office and medical-focused operations.
A practical leasing consideration is the existing configuration and the approved expansion footprint, which may support growth beyond the current available space.
Key Highlights
- 26,000 SF office building with the opportunity to expand up to 59,000 SF
- Former lab building with an approved 33,000 SF addition on 8 acres
- Rental rate of $25.00/SF + electric
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,642
Businesses Nearby
Explore this area
Business Placement
Demographics for 18940, PA
30,280
Population
11,763
Households
2.6
Avg Household Size
47
Median Age
67%
College-Educated
97%
High-School Grad
34.6 sq mi
ZIP Area
875
Density / Sq Mi
$157,591
Median Household Income
$85,895
Median Earnings
$2,227
Median Rent
$623,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - 26,000 SF office building with a courtyard, offering expansion potential up to 59,000 SF.
Where is this office building located?
The property is located at 10 Friends Ln Newtown, PA.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: 26,000 SF office building with the opportunity to expand up to 59,000 SF; Former lab building with an approved 33,000 SF addition on 8 acres; Rental rate of $25.00/SF + electric
