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Office Building with Courtyard
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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 Market1027

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 Contact us

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 -...
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Listing Agency: JLL | Philadelphia
Listed By: Patrick Grenko · License #RS320559
Source: Moodyscre
Added: Nov 22, 2023 Changed: Sep 2 Last Checked: Sep 13 at 11:34AM

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

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.

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

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Current Use

Office buildings

Suggested Use

Top Pick Restaurant Auto Repair Shop Big Box & Wholesale Store Hair Salon Building Supply Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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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
(215) 399-1803 Call to check price and availability
More about this property
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