Flex Space with Loading
410 E WALNUT STREET #2, Perkasie, PA 18944
For Sale
Contact for pricing
A three-office layout is paired with 200-amp, three-phase electrical service and a small kitchen.
Property Size59,855 SF
Price / SF$0.06
Days on Market8
Property Features for 410 E WALNUT STREET #2
General Information
Standard status
Size
Property subtype
Warehouse & Industrial
Power
Three-Phase Power
Building Details
Year Built
Listing Agency:
Brode & Brooks Inc
Listed By:
Edwin J Brooks · License PA RM-027496-C
(215) 679-4200
Source:
Cummingsrealtors
Added: Nov 5
Changed: Nov 10
Last Checked: Nov 12 at 7:32AM
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 Brode & Brooks Inc
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Investment Insights
Based on property information with market context.
This 5,730-square-foot flex unit includes three offices, one restroom, and a compact kitchen. The space has 12-foot ceilings, wood flooring, LED lighting, gas service, and 200-amp, three-phase electrical service. A loading dock is also part of the unit; forklifts are not permitted.
Key Highlights
- 5,730 SF flex unit
- Three offices and one restroom
- 12‑foot ceiling heights
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$307,200
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,144,000
$6.1M
Cap Rate 7%
$4,388,571
$4.4M
Cap Rate 9%
$3,413,333
$3.4M
Market Conditions
NOI Build-Up for 59,855 SF
Gross rent
$502.8K $8.40/SF
− Vacancy
−$30.2K −$0.50/SF
EGI
$472.6K $7.90/SF
− OpEx
−$165.4K −$2.76/SF
NOI
$307.2K $5.13/SF
Area
Bucks County, PA
Vacancy
6.00%
Lease Rate
$8.40 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,144,000
Cap Rate 7%
$4,388,571
Cap Rate 9%
$3,413,333
Alternative Uses
Best Use
Industrial
$6.28M
$5.49M – $7.32M
NOI $439,431 @ 7.0% cap
Second Best
Flex RnD
$4.39M
$3.84M – $5.12M
NOI $307,200 @ 7.0% cap
Theoretical Best
Office A
$20.52M
$17.95M – $23.93M
NOI $1,436,060 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
55
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 18944, PA
26,396
Population
10,107
Households
2.6
Avg Household Size
43
Median Age
44%
College-Educated
95%
High-School Grad
45.4 sq mi
ZIP Area
581
Density / Sq Mi
$133,131
Median Household Income
$59,564
Median Earnings
$1,383
Median Rent
$411,200
Median Home Value
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Market
Average Price Trend$/SF for Flex space in Bucks County, PA
Properties on Market for Flex space in Bucks County
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Flex space - A three-office layout is paired with 200-amp, three-phase electrical service and a small kitchen.
Where is this flex space located?
The property is located at 410 E WALNUT STREET #2 Perkasie, PA.
What are key features of this property?
This property features: 5,730 SF flex unit; Three offices and one restroom; 12‑foot ceiling heights
