Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    251 Saint Asaphs Rd Bala Cynwyd, PA

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $22 SF/Yr

    27,615 SF fully furnished office space for sublease.

    Type:OFFICE
    Property size:
    14,000 SF
    Lot size:
    29.91 Acres
    Added:
    Oct 10, 2025
    Days on Market:
    174
    Last Refresh:
    Mar 29 at 8:55 pm

    Property Features for 251 Saint Asaphs Rd

    General Information

    Standard status
    Active
    Size
    14,000 SF
    Lot size
    29.91 Acres
    Property subtype
    OFFICE

    Spaces For Lease

    at 251 Saint Asaphs Rd Contact us

    We can help!

    Listing Contact
    Alex Breitmayer
    Alex Breitmayer

    Listing agent Alex Breitmayer License #RS334116

    Listing office JLL | Philadelphia

    Listing date Oct 10, 2025

    Source Moodyscre

    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 JLL | Philadelphia

    Overview

    Furnished Office Space Sublease

    Available immediately is a 27,615-square-foot office space offered as a sublease through August 31, 2028. The space is fully furnished and located within a building that provides several amenities. These include a full-service café, on-site security, a modern fitness center, bike room and sharing facilities, ample parking, and a courtyard.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bala Cynwyd
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.2327
    Latitude
    40.0074

    Nearby Similar for Lease

    • $25/mo

      Office Space in Bala-Cynwyd

      2950 SF office space available for lease.
      25 Bala Ave, Bala-Cynwyd, PA
      View Details
    • Contact for pricing

      Move-in Ready Office Space Available

      Bright, versatile office space with modern amenities in Bala Cynwyd.
      304 Levering Mill Rd Ste 2, BALA CYNWYD, PA, 19004-2848
      View Details
    • $27/mo

      Bala Cynwyd Office Space Available

      Three-story office building with space for lease in Bala Cynwyd.
      7 Bala Ave, Bala Cynwyd, PA
      View Details
    • $30/mo

      Class A Office Space Available

      Class A office space near public transit and amenities.
      1 Bala Avenue, Bala Cynwyd, PA
      View Details
    • Contact for pricing

      Main Line Retail Space Available

      Neighborhood retail space on Philadelphia’s Main Line for rent.
      10 Montgomery Ave, Bala Cynwyd, PA
      View Details
    • Contact for pricing

      Bala Cynwyd Office Space

      Office space available for rent in Bala Cynwyd, PA.
      333 E City Ave, Bala Cynwyd, PA
      View Details
    • Contact for pricing

      Retail/Office Space in Bala Cynwyd

      Ground floor retail/office space in Luxor Lifestyle Apartments.
      9 Presidential Blvd, Bala Cynwyd, PA
      View Details
    • Contact for pricing

      Retail Space in Bala Cynwyd

      Retail space for lease in renovated Bala Cynwyd shopping center.
      51-83 E City Ave, Bala Cynwyd, PA
      View Details
    • Contact for pricing

      Office Space for Sublease

      Office space available for sublease in Bala Cynwyd, PA.
      231 Saint Asaphs Rd, Bala Cynwyd, PA
      View Details
    • Contact for pricing

      Flexible Workspace Solutions Available

      Global network of workspaces with flexible terms and customizable options.
      150 Monument Road, 2nd Floor, Bala Cynwyd, PA 19004
      View Details
    • Contact for pricing

      Bala Cynwyd Office Space

      New office space near City Line with furniture available.
      50 Monument Rd, Bala Cynwyd, PA
      View Details
    • Contact for pricing

      Versatile Space Near CVS Pharmacy

      Space suitable for retail, medical, office, or warehouse use.
      232 Rock Hill Rd, Bala Cynwyd, PA 19004
      View Details

    FAQs

    What type of property is this?
    Office units - 27,615 SF fully furnished office space for sublease.
    Where is this office units located?
    The property is located at 251 Saint Asaphs Rd Bala Cynwyd, PA.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: Fully Furnished Premium Space; Immediate Availability of 27,615 SF; Sublease Term Through 8/31/2028
    (215) 988-5500
    We can help!
    Listing Contact
    Alex Breitmayer
    Alex Breitmayer
    Real Estate License ID: RS334116
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!