Fully Leased Flex Office-Industrial
For Sale
Contact for pricing
14 Chrisevyn Lane, Phoenixville, PA 19460
A fully leased flex property with light industrial zoning for tenants needing office and warehouse functionality.
Property Size12,410 SF
Price / SF$143.03
Days on Market96
Property Features for 14 Chrisevyn Lane
General Information
Standard status
Active
Size
12,410 SF
Property subtype
Retail, Office, Industrial
Zoning
LI
Occupancy
100%
Building Details
Tenancy
Multi
Listing Agency:
Equity CRE
Listed By:
Nathan Rhodes · License #RS356808
Source:
Crexi
Added: May 1
Changed: Jul 10
Last Checked: Aug 4 at 2:46PM
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 Equity CRE
Investment Insights
Based on property information with market context.
This fully leased flex property combines office and light industrial functionality in a single, practical design. The space is positioned to support day-to-day operations that benefit from both work space and warehouse-type utility, reflecting a functional office/industrial configuration rather than a purely specialized layout.
Situated in Chester County at 14 Chrisevyn Lane, the property is described as being in a light industrial (LI) zoning context. That zoning designation aligns with typical flex use considerations where business operations may require industrial activity alongside office support needs. The asset is being marketed as an income-producing offering based on its current leased status.
For buyers seeking a leased flex asset, the core fit is straightforward: the property is already occupied and structured for office/industrial use within LI parameters. Tenants and operators evaluating similar requirements may find the office-plus-industrial approach useful for consolidating administrative functions with operational space in one location. Overall, the offering emphasizes an established, functional flex setup under light industrial zoning, supported by its fully leased condition.
Situated in Chester County at 14 Chrisevyn Lane, the property is described as being in a light industrial (LI) zoning context. That zoning designation aligns with typical flex use considerations where business operations may require industrial activity alongside office support needs. The asset is being marketed as an income-producing offering based on its current leased status.
For buyers seeking a leased flex asset, the core fit is straightforward: the property is already occupied and structured for office/industrial use within LI parameters. Tenants and operators evaluating similar requirements may find the office-plus-industrial approach useful for consolidating administrative functions with operational space in one location. Overall, the offering emphasizes an established, functional flex setup under light industrial zoning, supported by its fully leased condition.
Key Highlights
- Fully leased, income‑producing flex property
- Functional flex (office/industrial) design for office and warehouse needs
- Light industrial zoning (LI)
Financial Insights For Warehouse
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 | $162.3k | $13.08 |
| − Vacancy | −$13.0k | −$1.05 |
| EGI | $149.3k | $12.03 |
| − OpEx | −$22.4k | −$1.81 |
| NOI | $126.9k | $10.23 |
12,410 SF · lease $13.08/SF/yr · vacancy 8.00% · expense 15.00%
Alternative Uses
Best Use
Office B
$2.79M
$2.44M – $3.25M
NOI $195,106 @ 7.0% cap · market cap 10.99%
Second Best
Warehouse
$1.81M
$1.59M – $2.12M
NOI $126,936 @ 7.0% cap · market cap 7.15%
Theoretical Best
Office A
$3.76M
$3.29M – $4.39M
NOI $263,381 @ 7.0% cap · market cap 14.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
656
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 19460, PA
43,611
Population
18,881
Households
2.3
Avg Household Size
40
Median Age
58%
College-Educated
96%
High-School Grad
34.5 sq mi
ZIP Area
1,264
Density / Sq Mi
$120,472
Median Household Income
$65,879
Median Earnings
$1,622
Median Rent
$426,000
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - A fully leased flex property with light industrial zoning for tenants needing office and warehouse functionality.
Where is this flex space located?
The property is located at 14 Chrisevyn Lane Phoenixville, PA.
What is the asking price?
The asking price for this property is $1,775,000.
What are key features of this property?
This property features: Fully leased, income‑producing flex property; Functional flex (office/industrial) design for office and warehouse needs; Light industrial zoning (LI)
