Single-Story Flex
For Sale
$4,950,000
101 Friends Lane, Newtown, PA 18940
LI–Light Industrial zoning supports a mixed office, event, and warehouse configuration with loading access and a commercial kitchen.
Property Size22,475 SF
Days on Market95
Property Features for 101 Friends Lane
General Information
Standard status
Active
Size
22,475 SF
Property subtype
Industrial
Building Details
Building Size
22,475 SF
Year Built
1985
Listing Agency:
SVN | Ahia
Listed By:
Chichi E. Ahia, SIOR · License #PA #RM423727
(267) 981-9110
Source:
Svn
Added: Aug 2
Changed: Oct 28
Last Checked: Nov 3 at 3:24AM
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 SVN | Ahia
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 22,475± SF single-story flex building combines approximately 10,000± SF of banquet and office improvements with approximately 12,000± SF of warehouse area. The event-oriented portion includes an open layout, natural light, office space, and a full commercial kitchen. Warehouse improvements include two loading docks and one drive-in door. The fully sprinklered facility also features three-phase electrical service, a 6-inch water line, an 8-inch sewer line, and on-site parking.
The property is within Friends Lane Commons Condominium Association at 101 Friends Lane in Newtown Industrial Commons. It is located in the LI–Light Industrial Zoning District, with a broad range of uses permitted by right. Monument signage is positioned at the corner of Friends Lane and Penns Trail. Built in 1985, the building also includes a 2-ton hoist and trolley crane.
The property is within Friends Lane Commons Condominium Association at 101 Friends Lane in Newtown Industrial Commons. It is located in the LI–Light Industrial Zoning District, with a broad range of uses permitted by right. Monument signage is positioned at the corner of Friends Lane and Penns Trail. Built in 1985, the building also includes a 2-ton hoist and trolley crane.
Key Highlights
- 22,475± SF single‑story flex/industrial building
- Approximately 10,000± SF banquet and office area with full commercial kitchen
- Approximately 12,000± SF warehouse space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$353,344
Cap Rate
7.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,066,880
$7.1M
Cap Rate 7%
$5,047,771
$5.0M
Cap Rate 9%
$3,926,044
$3.9M
Market Conditions
NOI Build-Up for 22,475 SF
Gross rent
$585.2K $26.04/SF
− Vacancy
−$114.1K −$5.08/SF
EGI
$471.1K $20.96/SF
− OpEx
−$117.8K −$5.24/SF
NOI
$353.3K $15.72/SF
Area
Bucks 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%
$7,066,880
Cap Rate 7%
$5,047,771
Cap Rate 9%
$3,926,044
Alternative Uses
Best Use
Office B
$5.05M
$4.42M – $5.89M
NOI $353,344 @ 7.0% cap · market cap 7.14%
Second Best
Warehouse
$3.28M
$2.87M – $3.83M
NOI $229,887 @ 7.0% cap · market cap 4.64%
Theoretical Best
Office A
$6.81M
$5.96M – $7.95M
NOI $476,994 @ 7.0% cap · market cap 9.64%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,439
Businesses Nearby
Under-served
Demand for This Use
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
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
Similar Off Market Nearby
- C and G Fine Foods — 140 Terry Dr, Newtown, PA 18940
Frequently Asked Questions
What type of property is this?
Flex space - LI–Light Industrial zoning supports a mixed office, event, and warehouse configuration with loading access and a commercial kitchen.
Where is this flex space located?
The property is located at 101 Friends Lane Newtown, PA.
What is the asking price?
The asking price for this property is $4,950,000.
What are key features of this property?
This property features: 22,475± SF single‑story flex/industrial building; Approximately 10,000± SF banquet and office area with full commercial kitchen; Approximately 12,000± SF warehouse space
