Atrium Lobby Office
75 James Way Southampton, PA 18966
For Sale
Contact for pricing
Two-story, elevator-served office building with a dramatic atrium lobby and divisible suites up to 1,000 sf.
Property Size32,000 SF
Lot Size7.58 Acres
Price / SF$171.88
Days on Market964
Property Features for 75 James Way
General Information
Standard status
Active
Size
32,000 SF
Lot size
7.58 Acres
Property subtype
OFFICE
Listing Agency:
NAI Mertz | Bucks County
(215) 847-3730
Listed By:
Jared Licht · License #1757544
(215) 847-3730
Source:
Moodyscre
Added: Dec 8, 2023
Changed: Jul 26
Last Checked: Jul 28 at 3:07PM
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 NAI Mertz | Bucks County
Investment Insights
Based on property information with market context.
This modern two-story Class A office building offers approximately 18,000 square feet on the first floor and approximately 12,155 square feet on the second floor, with a dramatic atrium lobby. Space is available for lease in divisions of up to 1,000 square feet, and the building includes a 100% wet sprinkler system. High-speed internet service is available, supported by elevator access.
The property is located just off 2nd Street Pike in Southampton, PA, with access to major routes including Street Road (about 1.0 miles), the Newtown Bypass (about 4.0 miles), and I-276 (about 5.4 miles). Public transit is available via SEPTA Bus 24 at James Way & County Line Road.
Set on a 7.58-acre lot, the building provides 150 parking spaces, or approximately four spaces per 1,000 sf. The property is zoned light industrial, supporting a variety of commercial office uses consistent with the zoning classification.
The property is located just off 2nd Street Pike in Southampton, PA, with access to major routes including Street Road (about 1.0 miles), the Newtown Bypass (about 4.0 miles), and I-276 (about 5.4 miles). Public transit is available via SEPTA Bus 24 at James Way & County Line Road.
Set on a 7.58-acre lot, the building provides 150 parking spaces, or approximately four spaces per 1,000 sf. The property is zoned light industrial, supporting a variety of commercial office uses consistent with the zoning classification.
Key Highlights
- 32,000+/- SF modern, two‑story Class A office building (18,000+/- SF 1st floor; 12,155+/- SF 2nd floor)
- High‑speed internet and elevator‑served building with a dramatic atrium lobby
- Leasing flexibility with space divisible to 1,000 SF
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 | $833.3k | $26.04 |
| − Vacancy | −$162.5k | −$5.08 |
| EGI | $670.8k | $20.96 |
| − OpEx | −$167.7k | −$5.24 |
| NOI | $503.1k | $15.72 |
32,000 SF · lease $26.04/SF/yr · vacancy 19.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$7.19M
$6.29M – $8.38M
NOI $503,093 @ 7.0% cap · market cap 9.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$9.70M
$8.49M – $11.32M
NOI $679,145 @ 7.0% cap · market cap 12.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Two-story, elevator-served office building with a dramatic atrium lobby and divisible suites up to 1,000 sf.
Where is this office building located?
The property is located at 75 James Way Southampton, PA.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: 32,000+/- SF modern, two‑story Class A office building (18,000+/- SF 1st floor; 12,155+/- SF 2nd floor); High‑speed internet and elevator‑served building with a dramatic atrium lobby; Leasing flexibility with space divisible to 1,000 SF
