Single-Tenant Flex
1633 REPUBLIC RD Huntingdon Valley, PA 19006
1633 REPUBLIC RD, Huntingdon Valley, PA, 19006
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For Sale
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Single-tenant flex building with two loading docks, a drive-in door, and renovation completed in 2019.
Property Size15,000 SF
Lot Size1.03 Acres
Price / SF$150
Days on Market78
Property Features for 1633 REPUBLIC RD
General Information
- Standard status
- Active
- Size
- 15,000 SF
- Lot size
- 1.03 Acres
- Property subtype
- Industrial, Mixed Use
Building Details
- Year Built
- 1978
Listing agency
Avison Young - Suburban Philadelphia
Listed by
Adam Gillespie · License #PA RS293296
Source
Crexi
Added: May 6 Updated: Jul 21 at 3:02PM Checked: Jul 22 at 11:20AM
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 Avison Young - Suburban Philadelphia
Investment Insights
Based on property information with market context.
1633 Republic Road is a single-tenant flex building offering a total of 15,000 square feet on 1.03 acres. The building was fully renovated in 2019 and is equipped for practical loading, with two loading docks plus one drive-in door. The offering includes abundant IOS space.
The property is located adjacent to the Pennsylvania Turnpike (I-276) in a heavy in-fill area, supporting straightforward access to regional routes.
This flex configuration is suited to occupiers and investors seeking a renovated, function-focused warehouse/flex setup with multiple loading options.
The property is located adjacent to the Pennsylvania Turnpike (I-276) in a heavy in-fill area, supporting straightforward access to regional routes.
This flex configuration is suited to occupiers and investors seeking a renovated, function-focused warehouse/flex setup with multiple loading options.
Key Highlights
- Single‑tenant 15,000 SF flex building on 1.03 acres
- Fully renovated in 2019
- Includes two loading docks plus one drive‑in door
Local Financial Insights For Flex RnD
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 | $284.4k | $18.96 |
| − Vacancy | −$19.9k | −$1.33 |
| EGI | $264.5k | $17.63 |
| − OpEx | −$92.6k | −$6.17 |
| NOI | $171.9k | $11.46 |
15,000 SF · lease $18.96/SF/yr · vacancy 7.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$2.46M
$2.15M – $2.87M
NOI $171,920 @ 7.0% cap · market cap 7.64%
Second Best
Warehouse
$2.19M
$1.92M – $2.56M
NOI $153,428 @ 7.0% cap · market cap 6.82%
Theoretical Best
Specialty Retail
$8.63M
$7.55M – $10.07M
NOI $603,971 @ 7.0% cap · market cap 26.84%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Single-tenant flex building with two loading docks, a drive-in door, and renovation completed in 2019.
Where is this flex space located?
The property is located at 1633 REPUBLIC RD Huntingdon Valley, PA.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Single‑tenant 15,000 SF flex building on 1.03 acres; Fully renovated in 2019; Includes two loading docks plus one drive‑in door
