Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Office Space in Chesterbrook Title is generated by Realmo AI

    640 Lee Rd, Wayne, PA 19087

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Office space available for lease in Wayne, Pennsylvania.

    Type:office
    Property size:
    22,602 SF
    Added:
    Apr 15, 2026
    Days on Market:
    47
    Last Refresh:
    Apr 14 at 8:26 pm

    Property Features for 640 Lee Rd

    General Information

    Standard status
    Active
    Size
    22,602 SF
    Property subtype
    office

    Spaces For Lease

    at 640 Lee Rd Contact us

    We can help!

    Listing Contact
    Doug Newbert
    Doug Newbert

    Listing agent Doug Newbert License #RS228236L

    Listing office Berwyn

    Listing date Apr 15, 2026

    Source Property.jll

    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 Berwyn

    HighLights

    • Office space available in Chesterbrook
    • Located at 640 Lee Rd, Wayne, Pennsylvania 19087
    • Available square footage ranges from 22,602 to 25,841 SF
    • Available for lease
    • Located in Pennsylvania
    • Contact for further information

    Overview

    Office space is available for lease at 640 Lee Rd, Wayne, Pennsylvania, in Chesterbrook. The available space ranges from 22,602 to 25,841 square feet.
    Location Intelligence

    Current Use by Public Records

    Occidental Chemical Corporation Factory Decision One Inc Telecommunications Service vesper medical Corporate Office Great-West Healthcare Insurance Agency

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wayne
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.4599
    Latitude
    40.069017

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      PA, Wayne - Lancaster Ave

      724 Lancaster Ave, Unit 2ND, Wayne, PA 19087
      View Details
    • Sponsored
      $129-$6,096/Mo
      11-1,292 SF

      Radnor Financial

      201 King Of Prussia Rd, Unit 650, Wayne, PA 19087
      View Details
    • $48 SF/Yr
      14,368 SF

      Renovated Office Building in Wayne

      272,360 SF office building with extensive renovations in 2014.
      550 Swedesford Road, Wayne, PA, 19087
      View Details
    • $32 SF/Yr
      10,756 SF

      East Swedesford Road Office Space

      Office space for rent in a highly amenitized location.
      440/460 East Swedesford Road, Wayne, PA, 19087
      View Details
    • $46 SF/Yr
      11,388 SF

      Premier Radnor Office Space Available

      Newly renovated office space in a prime Main Line location.
      259 North Radnor Chester Road, Wayne, PA, 19087
      View Details
    • Contact for pricing
      35,890 SF

      Redeveloped Office Campus in Wayne

      Newly renovated office campus with amenities and highway access.
      1255 - 1285 Drummers Lane, Wayne, Pennsylvania
      View Details
    • $26 SF/Yr
      3,194 SF

      Wayne Office Space Available

      Office space available for lease in Wayne, Pennsylvania.
      940 West Valley Road, Wayne, PA, 19087
      View Details
    • Contact for pricing
      2,552 SF

      Wayne Office Sublease Opportunity

      Office space available for sublease in Radnor Corporate Center.
      100 Matsonford Rd, Wayne, PA 19087
      View Details
    • Contact for pricing
      5,664 SF

      Wayne Office Space For Lease

      Office space available for lease in Chesterbrook/Glenhardie, Wayne, PA.
      620 Lee Rd, Wayne, PA 19087
      View Details
    • $27 SF/Yr
      315 SF

      Office Space Near Public Transit

      Office space with on-site management and ample parking.
      290 King of Prussia Road, Wayne, PA
      View Details
    • $1.00 SF/Yr

      Office Space For Lease

      Office space available for lease in Wayne, Pennsylvania.
      418 E. Lancaster Avenue, Wayne, PA 19087
      View Details
    • $22 SF/Yr
      3,050 SF

      Office Space with Direct Access

      Office space with convenient access and ample parking available.
      900 W Valley Rd, Wayne, PA
      View Details

    FAQs

    What type of property is this?
    Office units - Office space available for lease in Wayne, Pennsylvania.
    Where is this office units located?
    The property is located at 640 Lee Rd Wayne, PA.
    What are key features of this property?
    This property features: Office space available in Chesterbrook; Located at 640 Lee Rd, Wayne, Pennsylvania 19087; **Available square footage ranges from 22,602 to 25,841 SF**
    (610) 249-2273
    We can help!
    Listing Contact
    Doug Newbert
    Doug Newbert
    Real Estate License ID: RS228236L
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    640 Lee Rd, Wayne, PA 19087
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!