Renovated Manufacturing
For Sale
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2021 Cabot Boulevard West, Langhorne, PA 19047
Manufacturing facility leased to Tesla, Inc. with fixed annual increases and two renewal options.
Property Size48,817 SF
Price / SF$229.07
Days on Market81
Property Features for 2021 Cabot Boulevard West
General Information
Standard status
Active
Size
48,817 SF
Property subtype
Retail, Industrial
Occupancy
100%
Lease Type
NN
Investment Type
Net Lease
Net Operating Income
$599,092
Building Details
Year Built
1982
Year Renovated
2026
Buildings
1
Tenancy
Single
Building Size
48,817 SF
Listing Agency:
Newmark | Orange County - Irvine
Listed By:
Samer Khalil · License #CA 02002301
(949) 608-2042
Source:
Crexi
Added: Aug 8
Changed: Oct 26
Last Checked: Oct 26 at 4:28PM
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 Newmark | Orange County - Irvine
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Investment Insights
Based on property information with market context.
Located at 2021 Cabot Blvd W in Langhorne, Pennsylvania, this manufacturing facility was originally built in 1982 and renovated in 2026. The property is occupied by Tesla, Inc., with Fortress Credit identified as the landlord.
The lease includes fixed 3% annual increases and two 5-year renewal options. These contractual terms provide a defined framework for continued occupancy and future lease administration at the industrial property.
The lease includes fixed 3% annual increases and two 5-year renewal options. These contractual terms provide a defined framework for continued occupancy and future lease administration at the industrial property.
Key Highlights
- Manufacturing facility at 2021 Cabot Blvd W, Langhorne, PA 19047
- Originally constructed in 1982 and renovated in 2026
- Tesla, Inc. is the identified tenant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$299,662
Cap Rate
3.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,993,240
$6.0M
Cap Rate 7%
$4,280,886
$4.3M
Cap Rate 9%
$3,329,578
$3.3M
Market Conditions
NOI Build-Up for 40,817 SF
Gross rent
$465.3K $11.40/SF
− Vacancy
−$37.2K −$0.91/SF
EGI
$428.1K $10.49/SF
− OpEx
−$128.4K −$3.15/SF
NOI
$299.7K $7.34/SF
Area
Bucks County, PA
Vacancy
8.00%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,993,240
Cap Rate 7%
$4,280,886
Cap Rate 9%
$3,329,578
Alternative Uses
Best Use
Industrial
$4.28M
$3.75M – $4.99M
NOI $299,662 @ 7.0% cap · market cap 3.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$12.38M
$10.83M – $14.44M
NOI $866,271 @ 7.0% cap · market cap 9.26%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
728
Businesses Nearby
Explore this area
Business Placement
Demographics for 19047, PA
35,452
Population
13,150
Households
2.7
Avg Household Size
45
Median Age
45%
College-Educated
97%
High-School Grad
17.2 sq mi
ZIP Area
2,061
Density / Sq Mi
$110,395
Median Household Income
$55,992
Median Earnings
$1,770
Median Rent
$441,200
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
Frequently Asked Questions
What type of property is this?
Manufacturing property - Manufacturing facility leased to Tesla, Inc. with fixed annual increases and two renewal options.
Where is this manufacturing property located?
The property is located at 2021 Cabot Boulevard West Langhorne, PA.
What is the asking price?
The asking price for this property is $9,350,000.
What are key features of this property?
This property features: Manufacturing facility at 2021 Cabot Blvd W, Langhorne, PA 19047; Originally constructed in 1982 and renovated in 2026; Tesla, Inc. is the identified tenant
