Building Details

Tenancy Multi

Listing Agency: Avison Young - Suburban Philadelphia

Listed By: Adam Gillespie · License #PA RS293296

Source: Crexi

Added: Apr 10 Changed: Aug 13 Last Checked: Sep 1 at 8:38PM

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Investment Insights

Based on property information with market context.

The SUEZ - Water Technologies & Solutions (WTS) campus is an 11-building portfolio totaling 332,400 SF on 45.753 acres in Bensalem Township, Bucks County, PA. The mixed-use campus includes office, specialized laboratory, and warehouse space, supported by a 25,000 SF training and conference center to be delivered vacant upon sale and a 10,000 SF gym.

The offering includes multiple sale-leaseback arrangements. WTS is expected to execute one-year leases for Buildings 1-3, totaling 151,000 SF, upon sale, and a 10-year leaseback for WTS’s 83,000 SF of advanced laboratory space across Buildings 4-6, plus an additional 8,000 SF at Building 12. An undisclosed lab user has also been at the campus for more than 10 years and will occupy 10,000 SF at Building 11 under a three-year lease extension commencing in late summer 2019, currently being finalized. The remaining buildings present leasing and operational opportunities, including the ability to lease-up Building 10 and tear-down/rehab opportunities at Buildings 7 and 8.

Key Highlights

• 11‑building campus totaling 332,400 SF on 45.753 acres at 4636 Somerton Road in Trevose, PA
• Mixed‑use campus with office, specialized laboratory, and warehouse space
• 25,000 SF training & conference center delivered vacant upon sale; 10,000 SF gym on site

Property Analytics

Property Profile

Current Use

Epic Mountain Gear (Bike/Boat/Book/etc) Store RLS Pharmacy ChargePoint Charging Station Electric Vehicle Charging Station

Suggested Use

Top Pick Restaurant Real Estate Agency Dental Office Spa & Massage Center Hair Salon Building Supply

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

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

607

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 19053, PA

28,179

Population

11,161

Households

2.5

Avg Household Size

43

Median Age

37%

College-Educated

94%

High-School Grad

10.5 sq mi

ZIP Area

2,684

Density / Sq Mi

$102,241

Median Household Income

$59,606

Median Earnings

$1,401

Median Rent

$382,300

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

Questions? Ask Rey

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What type of property is this? Where is this flex space located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Flex space - 11-building campus with office, specialized lab, and warehouse space, plus a vacant training center and existing gym.

Where is this flex space located?

The property is located at 4636 Somerton Road Trevose, PA.

What are key features of this property?

This property features: 11‑building campus totaling 332,400 SF on 45.753 acres at 4636 Somerton Road in Trevose, PA; Mixed‑use campus with office, specialized laboratory, and warehouse space; 25,000 SF training & conference center delivered vacant upon sale; 10,000 SF gym on site