3 Friends Lane Newtown, PA 18940
Single-tenant, net-leased office building in desirable Newtown Township.
Property Features for 3 Friends Lane
General Information
- Standard status
- Active
- Size
- 19,464 SF
- Property subtype
- Office
Building Details
- Year Built
- 1988
Listing office SVN | Ahia Commercial Real Estate (267) 981-9110
Listing date Nov 21, 2025
Source Svn
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Investment Insights
Based on property information with market context.
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.
Local Financial Insights For Office B
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 | $506.8k | $26.04 |
| − Vacancy | −$98.8k | −$5.08 |
| EGI | $408.0k | $20.96 |
| − OpEx | −$102.0k | −$5.24 |
| NOI | $306.0k | $15.72 |