Single-Story Flex
135 S Governor Printz Boulevard, Essington, PA 19029
For Sale
Contact for pricing
C-1-zoned space has individually served three-phase power, separately metered natural gas, and fire protection.
Property Size7,200 SF
Price / SF$173.61
Days on Market8
Property Features for 135 S Governor Printz Boulevard
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Highway Access
Road Access
Utilities to Site
Additional Details
Three-Phase Power
Property Use
Building Details
Year Renovated
Buildings
Stories
Building Size
Listing Agency:
Swope Lees Commercial Real Estate LLC
Listed By:
Kaitie O'Grady · License PA RS376804
(484) 630-5017
Source:
Crexi
Added: Nov 3
Changed: Nov 8
Last Checked: Nov 8 at 6:08PM
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 Swope Lees Commercial Real Estate LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 7,200-square-foot, single-story flex building is located in Essington within the C-1 zoning district. A roofing system installed in October 2021 provides an updated weather-resistant exterior. Three-phase electrical service runs separately to each unit, and natural gas is separately metered. Fire protection service is also in place.
At 135 S. Governor Printz Boulevard, the property has direct access to Route 291 and is near I-95 and 2nd Avenue. Its Tinicum Township setting connects to Delaware County and the broader South Philadelphia area.
At 135 S. Governor Printz Boulevard, the property has direct access to Route 291 and is near I-95 and 2nd Avenue. Its Tinicum Township setting connects to Delaware County and the broader South Philadelphia area.
Key Highlights
- 7,200 SF single‑story flex building
- C‑1 zoning in Essington, Tinicum Township
- Roofing system installed October 2021
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,364
Cap Rate
4.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,007,280
$1.0M
Cap Rate 7%
$719,486
$719.5K
Cap Rate 9%
$559,600
$559.6K
Market Conditions
NOI Build-Up for 7,200 SF
Gross rent
$82.1K $11.40/SF
− Vacancy
−$4.6K −$0.64/SF
EGI
$77.5K $10.76/SF
− OpEx
−$27.1K −$3.77/SF
NOI
$50.4K $7.00/SF
Area
Delaware County, PA
Vacancy
5.60%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,007,280
Cap Rate 7%
$719,486
Cap Rate 9%
$559,600
Alternative Uses
Best Use
Flex RnD
$719.5K
$629.6K – $839.4K
NOI $50,364 @ 7.0% cap · market cap 4.03%
Second Best
Industrial
$623.9K
$545.9K – $727.8K
NOI $43,670 @ 7.0% cap · market cap 3.49%
Theoretical Best
Office A
$2.47M
$2.16M – $2.88M
NOI $172,745 @ 7.0% cap · market cap 13.82%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
120
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 19029, PA
3,979
Population
1,908
Households
2.1
Avg Household Size
45
Median Age
19%
College-Educated
89%
High-School Grad
2.2 sq mi
ZIP Area
1,809
Density / Sq Mi
$49,966
Median Household Income
$35,219
Median Earnings
$1,340
Median Rent
$186,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Flex space in Delaware County
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Flex space - C-1-zoned space has individually served three-phase power, separately metered natural gas, and fire protection.
Where is this flex space located?
The property is located at 135 S Governor Printz Boulevard Essington, PA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 7,200 SF single‑story flex building; C‑1 zoning in Essington, Tinicum Township; Roofing system installed October 2021
