Elevator-Served Office
New
For Lease
$22 SF/Yr
115 PHEASANT Run, Newtown, PA 18940
CommercialLease, NEWTOWN, PA
Space SizeContact for details
Days on Market3
Property Features for 115 PHEASANT Run
General Information
Property type
Other
Property subtype
Office
Parking
5
Parking features
Parking Lot
Subdivision
NONE AVAILABLE
Elementary school district
COUNCIL ROCK
Middle school district
COUNCIL ROCK
High school district
COUNCIL ROCK
Standard status
Active
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
2005
Building materials
Vinyl Siding, Masonry
Listing Agency:
RE/MAX Properties · RE/MAX International
(215) 968-7400
Listed By:
Christopher D Terry · License #RM423900
(215) 968-7436
Added: Oct 20
Last Checked: Oct 22 at 6:06PM
MLS# PABU2134056
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Office units at 115 Pheasant Run in Newtown Business Commons are arranged across two stories and served by an elevator. The property was built in 2005 and has central heating and central air conditioning. A parking lot serves the building.
The space is identified for professional or medical office use. Custom interior work may be considered to address tenant requirements.
The space is identified for professional or medical office use. Custom interior work may be considered to address tenant requirements.
Key Highlights
- Two‑story office property with elevator service
- Professional or medical office use identified
- Custom tenant fit‑out may be considered
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.30 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,640
Businesses Nearby
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
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Market
Lease Benchmarks for Newtown, PA
$22.75 /SF/Yr
Avg Asking Price
$14–$25 /SF/Yr
Price Range
3,788 SF
Avg Space Size
This space is priced 3% below the average of $22.75 /SF/Yr.
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Two levels are connected by elevator, with central heating and air conditioning.
Where is this office unit located?
The property is located at 115 PHEASANT Run Newtown, PA.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: Two‑story office property with elevator service; Professional or medical office use identified; Custom tenant fit‑out may be considered
