Multi-Office Suite with Conference
For Sale
$460,000
629 Swedesford Rd, Malvern, PA 19355
Flexible office configuration includes corner offices, conference rooms, a full kitchen, and private on-site parking.
Property Size1,502 SF
Price / SF$306.26
Days on Market32
Property Features for 629 Swedesford Rd
General Information
Standard status
Active
Size
1,502 SF
Total Parking Spaces
8
Additional Details
Public Transit
Yes
Amenities
Multiple Corner Offices
Multiple Conference Rooms
Full Kitchen
Multiple Powder Rooms
Building Details
Year Built
1989
Listing Agency:
Pillar Real Estate Advisors
(610) 430-6255
Listed By:
Eric Kuhn · License #RS296255
Source:
Premierehomegroup
Added: Jul 29
Changed: Aug 28
Last Checked: Aug 29 at 12:38PM
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 Pillar Real Estate Advisors
Investment Insights
Based on property information with market context.
This well-maintained office suite offers a multi-office layout with several corner offices, multiple conference rooms, a full kitchen, and multiple powder rooms. The configuration can be divided into two separate condominium units, providing flexibility for ownership or occupancy planning. The space is identified as suitable for professional services, including law firms and other professional institutions.
Private on-site parking accommodates +/- 8 vehicles. The property is located on Swedesford Rd with access to major throughfares, Bus. Rt. 30, and Rt. 100. Built in 1989, the office property combines established improvements with a layout designed for multiple offices and shared meeting functions.
Private on-site parking accommodates +/- 8 vehicles. The property is located on Swedesford Rd with access to major throughfares, Bus. Rt. 30, and Rt. 100. Built in 1989, the office property combines established improvements with a layout designed for multiple offices and shared meeting functions.
Key Highlights
- Multi‑office suite with multiple corner offices and conference rooms
- Can be subdivided into two separate condos
- Full kitchen and multiple powder rooms
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$23,614
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.13%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$472,280
$472.3K
Cap Rate 7%
$337,343
$337.3K
Cap Rate 9%
$262,378
$262.4K
Market Conditions
NOI Build-Up for 1,502 SF
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.
Gross rent
$39.1K $26.04/SF
− Vacancy
−$7.6K −$5.08/SF
EGI
$31.5K $20.96/SF
− OpEx
−$7.9K −$5.24/SF
NOI
$23.6K $15.72/SF
Area
Chester County, PA
Vacancy
19.50%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$472,280
Cap Rate 7%
$337,343
Cap Rate 9%
$262,378
Alternative Uses
Best Use
Office B
$337.3K
$295.2K – $393.6K
NOI $23,614 @ 7.0% cap · market cap 5.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$455.4K
$398.5K – $531.3K
NOI $31,877 @ 7.0% cap · market cap 6.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
384
Businesses Nearby
Explore this area
Business Placement
Demographics for 19355, PA
29,273
Population
11,815
Households
2.5
Avg Household Size
41
Median Age
73%
College-Educated
97%
High-School Grad
38.3 sq mi
ZIP Area
764
Density / Sq Mi
$162,917
Median Household Income
$87,900
Median Earnings
$1,960
Median Rent
$662,200
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Flexible office configuration includes corner offices, conference rooms, a full kitchen, and private on-site parking.
Where is this office units located?
The property is located at 629 Swedesford Rd Malvern, PA.
What is the asking price?
The asking price for this property is $460,000.
What are key features of this property?
This property features: Multi‑office suite with multiple corner offices and conference rooms; Can be subdivided into two separate condos; Full kitchen and multiple powder rooms
