Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    121 N Walnut St West Chester, PA 19380

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    12000 SF office space for rent in West Chester.

    Property size:
    12,000 SF
    Lot size:
    0.30 Acres

    Property Features for 121 N Walnut St

    General Information

    Size
    12,000 SF
    Lot size
    0.30 Acres

    We can help!

    Listing Contact
    Andy Pancoast
    Andy Pancoast
    Source: Moodyscre

    Listing Agent: Andy Pancoast

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    West Chester Office Space Available

    Available for rent is an office space located at 121 N Walnut St in West Chester, PA. The property offers 12000 square feet of office space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    RKM Advisors Inc Financial Planner RTD Financial Financial Planner Arthur Hall Insurance Insurance Agency Fidelity National Title Title Company Chester County Geographic ... County Government Office

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    West Chester
    County
    Chester
    State
    Pennsylvania
    Longitude
    -75.60432
    Latitude
    39.961575

    Nearby Similar for Lease

    • $800 /Mo
      2,178 SF

      Renovated Two-Room Office Space

      Newly renovated two-room office space in West Chester, PA.
      134 N Church St, West Chester, PA 19380
      View Details
    • $625 /Mo
      13,068 SF

      Downtown West Chester Office Suites

      Two office suites available for lease in downtown West Chester.
      203 W Chestnut St, West Chester, PA 19380
      View Details
    • $650 /Mo
      1,307 SF

      Office Space Near Justice Center

      Office space for attorneys or professionals with shared amenities.
      27 S Darlington St, West Chester, PA 19382
      View Details
    • $2,300 /Mo

      Historic Farmhouse Apartment Available 2026

      Spacious 2-bedroom apartment in historic farmhouse, available January 2026.
      514 Spg Grv Ln Ln, West Chester, PA 19382
      View Details
    • $2,050 /Mo
      1,920 SF

      Updated Townhome Near West Chester

      Updated 2-bedroom townhome near Marshall Square Park and Towne Center.
      50 W Marshall St, West Chester, PA 19380
      View Details
    • Contact for pricing
      12,743 SF

      Hershey's Mill Village Square Retail

      West Chester Shopping Center - 12,743 SF Available
      1395 Boot Rd, West Chester, PA 19380
      View Details
    • Contact for pricing
      2,313 SF

      Community Center Retail Space Available

      Retail space for lease in a dominant community center.
      654-700 Downingtown Pike, West Chester, PA 19380
      View Details
    • Contact for pricing
      1,200 SF

      West Chester Pike Commercial Property

      Prime commercial property with high visibility and ample parking.
      1154 W Chester Pike, West Chester, PA 19382
      View Details
    • Contact for pricing
      650 SF

      Chestnut Street Executive Office

      Historic Charm, Modern Amenities
      127 Chestnut St, West Chester, PA 19380
      View Details
    • Contact for pricing
      2,463 SF

      West Chester Retail Space Available

      Two retail spaces in West Chester's downtown retail corridor.
      17 W Gay St, West Chester, PA 19380
      View Details
    • Contact for pricing
      3,900 SF

      West Chester Executive Office Suite

      Prime West Chester Office Space Available
      1242 Chester Pike, West Chester, PA 19382
      View Details
    • Contact for pricing
      295,000 SF

      West Goshen Shopping Center - Retail Space

      Prime Chester County Retail Space Available
      909 Paoli Pike, West Chester, PA 19380
      View Details

    FAQs

    What type of property is this?
    Office space - 12000 SF office space for rent in West Chester.
    Where is this office space located?
    The property is located at 121 N Walnut St West Chester, PA.
    What are key features of this property?
    This property features: - 12000 SF office space; - Location in West Chester; - Office space for rent
    (610) 757-8676
    Request Owner's contact information
    121 N Walnut St West Chester, PA 19380
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    121 N Walnut St
    West Chester, PA 19380
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    121 N Walnut St West Chester, PA 19380
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Andy Pancoast
    Andy Pancoast
    (610) 757-8676
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.