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Flex Space Condo with Offices
For Lease
$14 SF/Yr NNN

121 Friends Ln Unit 500, Newtown, PA 18940

Flex space condo includes reception, offices, two bathrooms, and warehouse area with tailgate access.

Space SizeContact for details
Days on Market49

Property Features for 121 Friends Ln Unit 500

General Information

Standard status Active
Lease Type NNN

Additional Details

Highway Access Yes

Building Details

Year Built 1970
Listing Agency: RE/MAX Properties
Listed By: Daniel J McCloskey · License #AB050673L
Source: Kandorre
Added: Jul 25 Changed: Aug 14 Last Checked: Sep 9 at 9:01PM

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 RE/MAX Properties

Investment Insights

Based on property information with market context.

This 5,000 SF flex space condo offers a practical mix of office and warehouse functionality, including a reception area, three offices, and two bathrooms. The layout also includes warehouse space, along with tailgate access and a rear entrance. A grade-level private front entrance is in place, supporting straightforward customer or employee arrival.

The property is located within the Friends Lane complex of Newtown Business Commons. Parking is available on site, and the business commons is only a short distance from I-295 (formerly I-95), providing convenient regional access.

The unit is offered for lease on an NNN basis.

Key Highlights

  • For lease at $15/SF
  • 5,000 SF flex space condo in the Friends Lane complex of Newtown Business Commons
  • NNN currently running $3.11/SF

Property Analytics

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Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Restaurant Auto Repair Shop Building Supply Big Box & Wholesale Store Hair Salon Pharmacy

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

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,439
Businesses Nearby
Under-served
Demand for This Use

Demographics for 18940, PA

30,280
Population
11,763
Households
2.6
Avg Household Size
47
Median Age
67%
College-Educated
97%
High-School Grad
34.6 sq mi
ZIP Area
875
Density / Sq Mi
$157,591
Median Household Income
$85,895
Median Earnings
$2,227
Median Rent
$623,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
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Similar Off Market Nearby

  • C and G Fine Foods 140 Terry Dr, Newtown, PA 18940

Frequently Asked Questions

What type of property is this?
Flex space - Flex space condo includes reception, offices, two bathrooms, and warehouse area with tailgate access.
Where is this flex space located?
The property is located at 121 Friends Ln Unit 500 Newtown, PA.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: For lease at $15/SF; 5,000 SF flex space condo in the Friends Lane complex of Newtown Business Commons; NNN currently running $3.11/SF
More about this property
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