West Chester Mixed-Use
1220 Ward Ave West Chester, PA
1220 Ward Ave, West Chester, PA, 00000
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For Sale
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44,000 SF fully leased mixed-use complex in West Chester.
Property Size44,000 SF
Lot Size5.05 Acres
Price / SF$222.73
Days on Market311
Property Features for 1220 Ward Ave
General Information
- Standard status
- Active
- Size
- 44,000 SF
- Lot size
- 5.05 Acres
- Property subtype
- FLEX_R_AND_D
Properties For Sale
at 1220 Ward Ave Contact us
Listing Agency
Pillar Real Estate Advisors LLC
(610) 733-1499
Listed by
Andrew Carlino
(610) 733-1499
Source
Moodyscre
Added: Sep 11, 2025 Checked: Jul 17 at 5:07 am
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 Pillar Real Estate Advisors LLC
Investment Insights
Based on property information with market context.
This 44,000 square foot multi-tenant mixed-use complex is located in West Chester. The property is fully leased and offers an in-place capitalization rate of 7.75% at the asking price. The tenant mix includes flex/R&D, retail/daycare, and office users. The property features two tailgate loading docks, with the ability to add several more, and one drive-in door. A fenced and secure outdoor play area is available for the daycare tenant. The property provides an abundance of parking and high visibility onto Airport Road. It is zoned I-1 Campus Light Industrial in West Goshen Township. A potential user-buyer has the ability to grow into the space over time.
Key Highlights
- Fully Leased with In‑Place Cap Rate of 7.75% at Asking Price
- 44,000 SF Multi‑Tenant Mixed Use Complex
- Strong Mix of Tenants consisting of Flex/R&D, Retail/Daycare, and Office Users
Local Financial Insights For Mixed Use
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 | $1.26M | $28.68 |
| − Vacancy | −$183.0k | −$4.16 |
| EGI | $1.08M | $24.52 |
| − OpEx | −$404.6k | −$9.20 |
| NOI | $674.3k | $15.33 |
44,000 SF · lease $28.68/SF/yr · vacancy 14.50% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$9.63M
$8.43M – $11.24M
NOI $674,339 @ 7.0% cap · market cap 6.88%
Second Best
Retail
$7.10M
$6.22M – $8.29M
NOI $497,297 @ 7.0% cap · market cap 5.07%
Theoretical Best
Office A
$13.34M
$11.67M – $15.56M
NOI $933,825 @ 7.0% cap · market cap 9.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Energy Transfer Solutions ...
HVAC Service
Infusioncare
Spa & Massage Center
Mc Closkey Management
Business Management Consultant
Brandywine Photonics, LLC
Corporate Office
Chesterbrook Academy Preschool
High School
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FAQs
What type of property is this?
Mixed-use property - 44,000 SF fully leased mixed-use complex in West Chester.
Where is this mixed-use property located?
The property is located at 1220 Ward Ave West Chester, PA.
What is the asking price?
The asking price for this property is $9,800,000.
What are key features of this property?
This property features: Fully Leased with **In‑Place Cap Rate of 7.75%** at Asking Price; 44,000 SF Multi‑Tenant Mixed Use Complex; Strong Mix of Tenants consisting of Flex/R&D, Retail/Daycare, and Office Users
