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Office Building Near Courthouse
For Lease
$10 SF/Yr NNN

541-543 SWEDE STREET, Norristown, PA 19401

A triple-net lease places repair and ongoing maintenance responsibility with the tenant.

Space Size3,780 SF
Days on Market219

Property Features for 541-543 SWEDE STREET

General Information

Standard status Active
Size 3,780 SF
Net Rentable 3,780 SF
Total Parking Spaces 14
Property subtype Office
Lease Type NNN

Property Condition

Severity Major Repairs Needed
Evidence Property requires extensive repairs

Space & Availability

Available Space 3,780 SF
Contiguous Space 3,780 SF
Space Use Office
Sublease No

Lease Terms

Lease Rate $10 /SF/YR
Monthly Rent $3,150
Rent per SF/Year $10

Site & Location

Highway Access Yes
Public Transit Yes

Building Details

Building Size 3,780 SF
Year Built 1900
Listing Agency: Springer Realty Group
Listed By: Gregory Martire · License #RS225353L
Source: Desantis-realestate
Added: Mar 28 Changed: Oct 30 Last Checked: Nov 1 at 12:42AM

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 Springer Realty Group

Rey
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Investment Insights

Based on property information with market context.

Built in 1900, this 3,780-square-foot office building is offered under a triple-net lease. The property needs extensive repairs, and the tenant is responsible for completing repairs and handling ongoing maintenance. Fourteen on-site parking spaces are available.

The building is within walking distance of the courthouse, with access to major roadways and public transportation. Nearby amenities are also noted.

Key Highlights

  • 3,780 SF office building
  • 14 on‑site parking spaces
  • Built in 1900

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Skin Care Clinic Locksmith Acupuncture Tech Support Center

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

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,082
Businesses Nearby

Demographics for 19401, PA

43,414
Population
18,236
Households
2.4
Avg Household Size
36
Median Age
28%
College-Educated
86%
High-School Grad
6.2 sq mi
ZIP Area
7,002
Density / Sq Mi
$68,646
Median Household Income
$38,050
Median Earnings
$1,392
Median Rent
$225,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Norristown, PA

$19 /SF/Yr
Avg Asking Price
$10–$46 /SF/Yr
Price Range
19,373 SF
Avg Space Size

This space is priced 47% below the average of $19 /SF/Yr.

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

Frequently Asked Questions

What type of property is this?
Office building - A triple-net lease places repair and ongoing maintenance responsibility with the tenant.
Where is this office building located?
The property is located at 541-543 SWEDE STREET Norristown, PA.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: 3,780 SF office building; 14 on‑site parking spaces; Built in 1900
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