Newtown Three-Story Office Building
3 Friends Lane Newtown, PA 18940
3 Friends Lane, Newtown, PA, 18940
$6,500,000
For Sale
$6,500,000
Single-tenant, net-leased office building in desirable Newtown Township.
Property Size19,464 SF
Price / SF$333.95
Days on Market242
Property Features for 3 Friends Lane
General Information
- Standard status
- Active
- Size
- 19,464 SF
- Property subtype
- Office
Building Details
- Year Built
- 1988
Listing agency
SVN | Ahia Commercial Real Estate
(267) 981-9110
Listed by
Chichi E. Ahia, SIOR · License #PA #RM423727
(267) 981-9110
Source
Svn
Added: Nov 21, 2025 Updated: Jul 6 at 8:52AM Checked: Jul 21 at 5:30AM
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 Commercial Real Estate
Investment Insights
Based on property information with market context.
This \u00b120,000 square foot, three-story office building is located in Newtown Township. The property is fully leased to a financial institution that has occupied the building since 2017. The property is positioned in a commercial submarket and offers an absolute NNN lease structure with no landlord responsibilities throughout the term. The building has curb appeal, blending design with functionality. It is located at the signalized intersection of Friends Lane and Newtown Yardley Road, at the gateway of Newtown Industrial Commons and in close proximity to retailers, hotels, restaurants, shopping, dining and other cultural attractions. The site is located 0.6 miles to PA-332, 1.8 miles to I-295/95 and 4.2 miles to Scudder Falls Bridge, offering convenient access to Philadelphia, Central and Southern New Jersey and New York. The property presents an opportunity for investors seeking stable returns and a passive ownership structure. The building size is 19464 square feet.
Key Highlights
- Absolute NNN Lease: a truly passive investment.
- High‑quality office building leased to a well‑established financial institution since 2017.
- Located in desirable Newtown Township commercial submarket.
Local 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 | $506.8k | $26.04 |
| − Vacancy | −$98.8k | −$5.08 |
| EGI | $408.0k | $20.96 |
| − OpEx | −$102.0k | −$5.24 |
| NOI | $306.0k | $15.72 |
19,464 SF · lease $26.04/SF/yr · vacancy 19.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$4.37M
$3.83M – $5.10M
NOI $306,006 @ 7.0% cap · market cap 4.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.90M
$5.16M – $6.88M
NOI $413,090 @ 7.0% cap · market cap 6.36%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Single-tenant, net-leased office building in desirable Newtown Township.
Where is this office building located?
The property is located at 3 Friends Lane Newtown, PA.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: Absolute NNN Lease: a truly passive investment.; High‑quality office building leased to a well‑established financial institution since 2017.; Located in desirable Newtown Township commercial submarket.
