Listing Agency: BHHS Fox & Roach-Kennett Sq Show Phone

Listed By: Patrick Curran · License #AB-051631-L Show Phone

Source: Exprealty

Added: Jul 15, 2024 Changed: Aug 8 Last Checked: Aug 8 at 2:23PM

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Investment Insights

Based on property information with market context.

Located off Baltimore Pike at the edge of Avondale Borough, this office building offers 3,760 square feet of space. The property is ready for fit out and quick occupancy. Situated next to a Wawa and the London Grove Village Shopping Center, it features frontage on Baltimore Pike. A large, lighted parking area is available, and the property provides easy access to US Route 1. Permitted uses include professional offices, retail establishments, restaurants, hotels, banks, government facilities, educational or religious institutions, medical buildings, auto sales, daycare facilities, and funeral homes. Interested parties should verify specific zoning regulations with London Grove Township. The building is professionally managed and available under a triple net lease.

Key Highlights

• Prime location with frontage on Baltimore Pike, next to Wawa and London Grove Village Shopping Center.
• 3,760 +/- square feet of space ready for fit out and quick occupancy.**
• Wide range of permitted uses by right, including office, retail, restaurant, hotel, bank, and more.

Property Analytics

Property Profile

Current Use

BB&T ATM Atm

Suggested Use

Top Pick Electrical Service Storage Facility Hair Salon Plumbing Service Furniture & Home Goods Law Firm

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

202

Businesses Nearby

Explore this area Business Placement

Demographics for 19311, PA

9,556

Population

3,941

Households

2.4

Avg Household Size

36

Median Age

53%

College-Educated

85%

High-School Grad

12.5 sq mi

ZIP Area

764

Density / Sq Mi

$146,723

Median Household Income

$52,606

Median Earnings

$1,397

Median Rent

$524,700

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?

Office units - Office/retail space for rent near Baltimore Pike and Route 1.

Where is this office units located?

The property is located at 565 Baltimore Pike Avondale, PA.

What is the lease rate?

The lease rate is $17 SF/Yr.

What are key features of this property?

This property features: Prime location with frontage on Baltimore Pike, next to Wawa and London Grove Village Shopping Center.; 3,760 +/- square feet of space ready for fit out and quick occupancy.**; Wide range of permitted uses by right, including office, retail, restaurant, hotel, bank, and more.