Listed By: Duke Kennedy Show Phone

Source: Nmrk

Added: May 17 Changed: Oct 13 Last Checked: Oct 12 at 5:37PM

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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 Duke Kennedy

Investment Insights

Based on property information with market context.

Located on Presidential Boulevard, this commercial property features office spaces available for sale. The property includes two suites: one at 126 Presidential Blvd offering 3,503 square feet, and another at 130 N Presidential Blvd providing 11,500 square feet. The suites are currently tenant-occupied with long-term leases in place.

Key Highlights

• Available office space for lease.
• Space available at 126 Presidential Blvd: 3,503 SF.
• Space available at 130 N Presidential Blvd: 11,500 SF.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$180,799

Cap Rate

3.62%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$3,615,980 $3.6M

Cap Rate 7%

$2,582,843 $2.6M

Cap Rate 9%

$2,008,878 $2.0M

Market Conditions

NOI Build-Up for 11,500 SF

Gross rent

$299.5K $26.04/SF

− Vacancy

−$58.4K −$5.08/SF

EGI

$241.1K $20.96/SF

− OpEx

−$60.3K −$5.24/SF

NOI

$180.8K $15.72/SF

Area

Montgomery County, PA

Vacancy

19.50%

Lease Rate

$26.04 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$3,615,980

Cap Rate 7%

$2,582,843

Cap Rate 9%

$2,008,878

Alternative Uses

Best Use

Office B

$2.58M

$2.26M – $3.01M (±1% cap)

NOI $180,799 @ 7.0% cap · market cap 3.62%

Second Best

—

—

no second resolved use

Theoretical Best

Specialty Retail

$6.61M

$5.79M – $7.72M (±1% cap)

NOI $463,045 @ 7.0% cap · market cap 9.26%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Bakery Auto Parts Store Grocery & Convenience Store Electrical Service Storage Facility Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,457

Businesses Nearby

Explore this area Business Placement

Demographics for 19004, PA

10,668

Population

4,453

Households

2.4

Avg Household Size

41

Median Age

73%

College-Educated

98%

High-School Grad

2.7 sq mi

ZIP Area

3,951

Density / Sq Mi

$143,781

Median Household Income

$81,909

Median Earnings

$1,791

Median Rent

$616,000

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

Questions? Ask Rey

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What type of property is this? Where is this office buildings located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Office building - Office space for sale with long-term tenant leases.

Where is this office building located?

The property is located at 126-130 N Presidential Boulevard Bala Cynwyd, PA.

What is the asking price?

The asking price for this property is $5,000,000.

What are key features of this property?

This property features: Available office space for lease.; Space available at 126 Presidential Blvd: **3,503 SF**.; Space available at 130 N Presidential Blvd: **11,500 SF**.