Renovated Office
For Sale
$2,250,000
1008 W 9th Ave King of, King of Prussia, PA 19406
Single-story office property with open ceilings, contemporary finishes, and parking positioned directly outside the suites.
Property Size10,200 SF
Price / SF$220.59
Days on Market145
Property Features for 1008 W 9th Ave King of
General Information
Standard status
Active
Size
10,200 SF
Property subtype
Commercial
Additional Details
Highway Access
Yes
Building Details
Building Size
10,200 SF
Buildings
1
Stories
1
Listing Agency:
Bennett Williams Commercial - York
Listed By:
Theo Notaras · License #RS291023
(610) 306-3350
Source:
Bennettwilliams
Added: Jun 1
Changed: Oct 21
Last Checked: Oct 23 at 3:19AM
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 Bennett Williams Commercial - York
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Investment Insights
Based on property information with market context.
This single-story office building contains 10,200 square feet and has undergone a complete renovation. The interior features open ceilings and a contemporary design, giving the property a modern office environment. On-site parking is placed directly in front of the suites for convenient access.
The property is located at 1008 West 9th Avenue in King of Prussia, Pennsylvania, with access to the area’s major highways. Its office configuration and renovated interior support a range of professional workplace layouts.
The property is located at 1008 West 9th Avenue in King of Prussia, Pennsylvania, with access to the area’s major highways. Its office configuration and renovated interior support a range of professional workplace layouts.
Key Highlights
- 10,200‑square‑foot office building in King of Prussia
- Completely renovated interior with contemporary design
- Open‑ceiling office environment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$160,361
Cap Rate
7.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,207,220
$3.2M
Cap Rate 7%
$2,290,871
$2.3M
Cap Rate 9%
$1,781,789
$1.8M
Market Conditions
NOI Build-Up for 10,200 SF
Gross rent
$265.6K $26.04/SF
− Vacancy
−$51.8K −$5.08/SF
EGI
$213.8K $20.96/SF
− OpEx
−$53.5K −$5.24/SF
NOI
$160.4K $15.72/SF
Area
Montgomery County, PA
Vacancy
19.50%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,207,220
Cap Rate 7%
$2,290,871
Cap Rate 9%
$1,781,789
Alternative Uses
Best Use
Office B
$2.29M
$2.00M – $2.67M
NOI $160,361 @ 7.0% cap · market cap 7.13%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$5.87M
$5.13M – $6.85M
NOI $410,700 @ 7.0% cap · market cap 18.25%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,302
Businesses Nearby
Explore this area
Business Placement
Demographics for 19406, PA
28,553
Population
14,181
Households
2
Avg Household Size
38
Median Age
62%
College-Educated
97%
High-School Grad
13.4 sq mi
ZIP Area
2,131
Density / Sq Mi
$109,944
Median Household Income
$65,749
Median Earnings
$1,983
Median Rent
$393,600
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - Single-story office property with open ceilings, contemporary finishes, and parking positioned directly outside the suites.
Where is this office building located?
The property is located at 1008 W 9th Ave King of King of Prussia, PA.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: 10,200‑square‑foot office building in King of Prussia; Completely renovated interior with contemporary design; Open‑ceiling office environment
