King of Prussia Office/Retail
For Sale
Contact for pricing
10117 Valley Forge Cir, King of Prussia, PA 19406
1,250 SF office/retail space in King of Prussia for sale.
Property Size1,250 SF
Price / SF$244
Days on Market441
Property Features for 10117 Valley Forge Cir
General Information
Standard status
Active
Size
1,250 SF
Class
C
Property subtype
Office, Retail
Zoning
HR
Lease Type
Modified Gross
Building Details
Year Built
1972
Stories
1
Units
1
Listing Agency:
J.M. Basile & Associates Inc
(610) 768-4000
Listed By:
Suzanne Basile · License #RB049658C
Source:
Crexi
Added: May 28, 2025
Changed: Aug 8
Last Checked: Aug 8 at 6:34AM
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 J.M. Basile & Associates Inc
Investment Insights
Based on property information with market context.
Available for sale is a 1,250 square foot office/retail/commercial space, formerly an oral surgeon’s office. The property is located in one of the most visible buildings in the King of Prussia area. The building hosts other commercial tenants, including a realtor, lawyer, accountant, dry cleaner, restaurants and salons. A built-in consumer base is present, with over 500 condo homes in this complex. Off-street parking is available, and uniformed guards are on duty 24/7. The property offers easy accessibility to major highways, including Route 202, Route 422, the Schuylkill Expressway, and the Pennsylvania Turnpike. Electric central heat and AC are available, and the property is zoned HR – High Rise Residential. Verizon and Comcast services are available.
Key Highlights
- Prime location in King of Prussia with high visibility
- 24/7 uniformed security and off‑street parking
- Easy access to major highways (Rte. 202, Rte. 422, Schuylkill Expressway, PA Turnpike)
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$19,652
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.44%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$393,040
$393.0K
Cap Rate 7%
$280,743
$280.7K
Cap Rate 9%
$218,356
$218.4K
Market Conditions
NOI Build-Up for 1,250 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$32.6K $26.04/SF
− Vacancy
−$6.3K −$5.08/SF
EGI
$26.2K $20.96/SF
− OpEx
−$6.6K −$5.24/SF
NOI
$19.7K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$393,040
Cap Rate 7%
$280,743
Cap Rate 9%
$218,356
Alternative Uses
Best Use
Office B
$280.7K
$245.7K – $327.5K
NOI $19,652 @ 7.0% cap · market cap 6.44%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$719.0K
$629.1K – $838.9K
NOI $50,331 @ 7.0% cap · market cap 16.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,124
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
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - 1,250 SF office/retail space in King of Prussia for sale.
Where is this office units located?
The property is located at 10117 Valley Forge Cir King of Prussia, PA.
What is the asking price?
The asking price for this property is $305,000.
What are key features of this property?
This property features: Prime location in King of Prussia with high visibility; 24/7 uniformed security and off‑street parking; Easy access to major highways (Rte. 202, Rte. 422, Schuylkill Expressway, PA Turnpike)
