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Flexible Office and Coworking Space
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40 LLOYD AVENUE ITHRIVE, Malvern, PA 19355

Flexible office and coworking space with modern amenities.

Space SizeContact for details
Lot Size4.10 Acres
Days on Market1590

Property Features for 40 LLOYD AVENUE ITHRIVE

General Information

Standard status Active
Lot size 4.10 Acres
Property subtype Rental

Building Details

Year Built 1923
Listing Agency: Larum Real Estate Consulting LLC
Listed By: Matt Sigel · License #RM422876
Source: Exitrealty
Added: Apr 5, 2022 Changed: Aug 8 Last Checked: Aug 8 at 12:16PM

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 Larum Real Estate Consulting LLC

Investment Insights

Based on property information with market context.

iThrive offers flexible office and coworking spaces located within Uncommon Space. This space provides access to creative minds, bright workspaces, and critical resources. Options include renting an office, coworking desk, or conference room by the day, week, or month. The all-inclusive pricing covers Wi-Fi, furniture, utilities, printing, coffee, and snacks. Occupancy can begin the same day as signing up, with flexible lease terms and no long-term commitments required. Originally constructed in 1923 and used as an elementary school until 1980, the property was converted to office space in 1983. It features a 2-story atrium lobby. A multi-million dollar redevelopment has recently been completed, which included replacing windows, the roof, parking lots, HVAC systems, common areas, and restrooms to create a modern Class A "Loft Style" office building.

Key Highlights

  • Modern Class A "Loft Style" office building with recent multi‑million dollar redevelopment.
  • Flexible office and coworking space within Uncommon Space.
  • All‑inclusive pricing: rent includes wifi, furniture, utilities, printing, coffee, and snacks.

Property Analytics

Current Use

Coworking space

Suggested Use

Top Pick Grocery & Convenience Store Bakery Locksmith (Bike/Boat/Book/etc) Store Storage Facility Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,382
Businesses Nearby

Demographics for 19355, PA

29,273
Population
11,815
Households
2.5
Avg Household Size
41
Median Age
73%
College-Educated
97%
High-School Grad
38.3 sq mi
ZIP Area
764
Density / Sq Mi
$162,917
Median Household Income
$87,900
Median Earnings
$1,960
Median Rent
$662,200
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Coworking space - Flexible office and coworking space with modern amenities.
Where is this coworking space located?
The property is located at 40 LLOYD AVENUE ITHRIVE Malvern, PA.
What are key features of this property?
This property features: Modern Class A "Loft Style" office building with recent multi‑million dollar redevelopment.; Flexible office and coworking space within Uncommon Space.; All‑inclusive pricing: rent includes wifi, furniture, utilities, printing, coffee, and snacks.
More about this property
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