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Flex Warehouse with Dock Loading
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11 General Warren Blvd, Malvern, PA 19355

Updated flex space offering dock loading, 17-foot ceilings, and separate warehouse and office areas.

Property Size10,080 SF
Price / SF$178.57
Days on Market507

Property Features for 11 General Warren Blvd

General Information

Standard status Active
Size 10,080 SF
Property subtype OFFICE
Zoning Flex/Office

Warehouse & Industrial

Clear Height 17 ft
Warehouse Space 3,181 SF
Office Build-Out 6,900 SF

Amenities

Dock Loading
Listing Agency: Italiano Commercial Real Estate Services
Listed By: Steve T. Italiano
Source: Moodyscre
Added: Mar 11, 2025 Changed: Jul 30 Last Checked: Jul 30 at 5:42PM

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 Italiano Commercial Real Estate Services

Investment Insights

Based on property information with market context.

This flex warehouse property at 11 General Warren Blvd, Malvern, PA 19355 includes a 3,181 SF warehouse and a 6,900 SF office space for a total of 10,080 SF. The facility is designed with 17' ceilings and dock loading, and it has been updated and renovated.

The space can be divided into two units for rent, providing flexibility for a single-tenant setup or separate occupancies. The property is described as having a high parking ratio, and it is zoned flexible commercial/flex/office.

For tenants or investors looking for adaptable flex/office space with operational features like dock loading, the layout and divisibility can support a range of occupancy plans.

Key Highlights

  • 3,181 SF warehouse with 6,900 SF office space totaling 10,080 SF
  • 17' ceilings and dock loading
  • Divisible into 2 units for rent

Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $262.5k $26.04
− Vacancy −$51.2k −$5.08
EGI $211.3k $20.96
− OpEx −$52.8k −$5.24
NOI $158.5k $15.72
10,080 SF · lease $26.04/SF/yr · vacancy 19.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$2.26M
$1.98M – $2.64M (±1% cap)
NOI $158,474 @ 7.0% cap · market cap 8.80%
Second Best
Warehouse
$1.47M
$1.29M – $1.72M (±1% cap)
NOI $103,104 @ 7.0% cap · market cap 5.73%
Theoretical Best
Office A
$3.06M
$2.67M – $3.57M (±1% cap)
NOI $213,931 @ 7.0% cap · market cap 11.89%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Bakery (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Barber Shop Dental Office Pet Grooming Service

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

17 ft
Clear height

Location Intelligence

Trade Area within ½ mile

229
Businesses Nearby
Well-served
Demand for This Use

Demographics for 19355, PA

29,273
Population
11,815
Households
2.5
Avg Household Size
41
Median Age
73%
College-Educated
97%
High-School Grad
38.3 sq mi
ZIP Area
764
Density / Sq Mi
$162,917
Median Household Income
$87,900
Median Earnings
$1,960
Median Rent
$662,200
Median Home Value

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
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Updated flex space offering dock loading, 17-foot ceilings, and separate warehouse and office areas.
Where is this flex space located?
The property is located at 11 General Warren Blvd Malvern, PA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 3,181 SF warehouse with 6,900 SF office space totaling 10,080 SF; 17' ceilings and dock loading; Divisible into 2 units for rent
(610) 918-1990 Call to check price and availability
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