Norristown Office Building For
40 W Germantown Pike Norristown, PA 19401
40 W Germantown Pike, Norristown, PA, 19401
Contact for pricing
For Sale
Contact for pricing
6,000 sqft office building available for purchase.
Property Size6,000 SF
Price / SF$208.33
Days on Market924
Property Features for 40 W Germantown Pike
General Information
- Standard status
- Active
- Size
- 6,000 SF
- Property subtype
- Office
Building Details
- Year Built
- 1951
Listing agency
TWYN Real Estate
(610) 283-3919
Listed by
Kevin Cybularz · License #RM424244
Source
Crexi
Added: Jan 9, 2024 Updated: Jul 6 at 8:00AM Checked: Jul 19 at 7:43AM
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 TWYN Real Estate
Investment Insights
Based on property information with market context.
This commercial real estate offering features a 6,000 square foot office building available for sale. The property is located on Germantown Pike in Norristown, Pennsylvania.
Key Highlights
- Established property built in 1951.
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 | $156.2k | $26.04 |
| − Vacancy | −$30.5k | −$5.08 |
| EGI | $125.8k | $20.96 |
| − OpEx | −$31.4k | −$5.24 |
| NOI | $94.3k | $15.72 |
6,000 SF · lease $26.04/SF/yr · vacancy 19.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.35M
$1.18M – $1.57M
NOI $94,330 @ 7.0% cap · market cap 7.55%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.45M
$3.02M – $4.03M
NOI $241,588 @ 7.0% cap · market cap 19.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Spiro Kassis MD
Physician
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - 6,000 sqft office building available for purchase.
Where is this office building located?
The property is located at 40 W Germantown Pike Norristown, PA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Established property built in 1951.
