Newtown Three-Story Office Building
For Sale
$6,500,000
3 Friends Lane, Newtown, PA 18940
Single-tenant, net-leased office building in desirable Newtown Township.
Property Size19,464 SF
Price / SF$333.95
Days on Market327
Property Features for 3 Friends Lane
General Information
Standard status
Active
Size
19,464 SF
Class
A
Property subtype
Office
Building Details
Building Size
19,464 SF
Year Built
1988
Listing Agency:
SVN | Ahia
Listed By:
Chichi E. Ahia, SIOR · License #PA #RM423727
(267) 981-9110
Source:
Svn
Added: Nov 21, 2025
Changed: Oct 10
Last Checked: Oct 12 at 7:06PM
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 SVN | Ahia
Investment Insights
Based on property information with market context.
This \u00b120,000 square foot, three-story office building is located in Newtown Township. The property is fully leased to a financial institution that has occupied the building since 2017. The property is positioned in a commercial submarket and offers an absolute NNN lease structure with no landlord responsibilities throughout the term. The building has curb appeal, blending design with functionality. It is located at the signalized intersection of Friends Lane and Newtown Yardley Road, at the gateway of Newtown Industrial Commons and in close proximity to retailers, hotels, restaurants, shopping, dining and other cultural attractions. The site is located 0.6 miles to PA-332, 1.8 miles to I-295/95 and 4.2 miles to Scudder Falls Bridge, offering convenient access to Philadelphia, Central and Southern New Jersey and New York. The property presents an opportunity for investors seeking stable returns and a passive ownership structure. The building size is 19464 square feet.
Key Highlights
- Absolute NNN Lease: a truly passive investment.
- High‑quality office building leased to a well‑established financial institution since 2017.
- Located in desirable Newtown Township commercial submarket.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$306,006
Cap Rate
4.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,120,120
$6.1M
Cap Rate 7%
$4,371,514
$4.4M
Cap Rate 9%
$3,400,067
$3.4M
Market Conditions
NOI Build-Up for 19,464 SF
Gross rent
$506.8K $26.04/SF
− Vacancy
−$98.8K −$5.08/SF
EGI
$408.0K $20.96/SF
− OpEx
−$102.0K −$5.24/SF
NOI
$306.0K $15.72/SF
Area
Bucks County, PA
Vacancy
19.50%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,120,120
Cap Rate 7%
$4,371,514
Cap Rate 9%
$3,400,067
Alternative Uses
Best Use
Office B
$4.37M
$3.83M – $5.10M
NOI $306,006 @ 7.0% cap · market cap 4.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.90M
$5.16M – $6.88M
NOI $413,090 @ 7.0% cap · market cap 6.36%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,517
Businesses Nearby
Explore this area
Business Placement
Demographics for 18940, PA
30,280
Population
11,763
Households
2.6
Avg Household Size
47
Median Age
67%
College-Educated
97%
High-School Grad
34.6 sq mi
ZIP Area
875
Density / Sq Mi
$157,591
Median Household Income
$85,895
Median Earnings
$2,227
Median Rent
$623,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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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 building - Single-tenant, net-leased office building in desirable Newtown Township.
Where is this office building located?
The property is located at 3 Friends Lane Newtown, PA.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: Absolute NNN Lease: a truly passive investment.; High‑quality office building leased to a well‑established financial institution since 2017.; Located in desirable Newtown Township commercial submarket.
