Office
For Sale
Contact for pricing
1420 CONCHESTER HWY, Garnet Valley, PA 19060
Office space offering an established commercial footprint in Garnet Valley.
Property Size4,922 SF
Price / SF$201.14
Days on Market13
Property Features for 1420 CONCHESTER HWY
General Information
Standard status
Active
Size
4,922 SF
Property subtype
Retail, Office
Building Details
Year Built
1955
Buildings
1
Stories
1
Units
1
Listing Agency:
ChaddsFord Realty LLC
Listed By:
Donald Weiss · License #PA RM418946
Source:
Crexi
Added: Jul 29
Changed: Aug 9
Last Checked: Aug 9 at 3:10PM
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 ChaddsFord Realty LLC
Investment Insights
Based on property information with market context.
This office property provides 4,922 square feet of commercial space in a building constructed in 1955. The asset is located at 1420 Conchester Hwy in Garnet Valley, Pennsylvania, offering a defined office-focused configuration for ownership or occupancy considerations.
Key Highlights
- 4,922 SF of office space
- Constructed in 1955
- Located at 1420 Conchester Hwy, Garnet Valley, PA
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$80,693
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.15%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,613,860
$1.6M
Cap Rate 7%
$1,152,757
$1.2M
Cap Rate 9%
$896,589
$896.6K
Market Conditions
NOI Build-Up for 4,922 SF
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.
Gross rent
$129.9K $26.40/SF
− Vacancy
−$22.3K −$4.54/SF
EGI
$107.6K $21.86/SF
− OpEx
−$26.9K −$5.46/SF
NOI
$80.7K $16.39/SF
Area
Delaware County, PA
Vacancy
17.20%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,613,860
Cap Rate 7%
$1,152,757
Cap Rate 9%
$896,589
Alternative Uses
Best Use
Office B
$1.15M
$1.01M – $1.34M
NOI $80,693 @ 7.0% cap · market cap 8.15%
Second Best
Retail
$690.3K
$604.0K – $805.4K
NOI $48,322 @ 7.0% cap · market cap 4.88%
Theoretical Best
Office A
$1.49M
$1.31M – $1.74M
NOI $104,461 @ 7.0% cap · market cap 10.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
165
Businesses Nearby
Explore this area
Business Placement
Demographics for 19060, PA
11,646
Population
3,842
Households
3
Avg Household Size
45
Median Age
55%
College-Educated
98%
High-School Grad
7.7 sq mi
ZIP Area
1,512
Density / Sq Mi
$174,756
Median Household Income
$68,144
Median Earnings
$516,400
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?
Office units - Office space offering an established commercial footprint in Garnet Valley.
Where is this office units located?
The property is located at 1420 CONCHESTER HWY Garnet Valley, PA.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: 4,922 SF of office space; Constructed in 1955; Located at 1420 Conchester Hwy, Garnet Valley, PA
