Flexible Office
For Sale
$2,000,000
728 Springdale Dr, Exton, PA 19341
Class B office property with adaptable space, on-site parking, and access to Business Route 30.
Property Size8,966 SF
Price / SF$223.06
Days on Market47
Property Features for 728 Springdale Dr
General Information
Standard status
Active
Size
8,966 SF
Class
Class B
Total Parking Spaces
24
Additional Details
Road Access
Yes
Building Details
Year Built
1984
Buildings
1
Listing Agency:
Keller Williams Real Estate - West Chester
Listed By:
Richard DiPrimio · License #RS338327
(484) 947-8988
Source:
Burkhart
Added: Sep 4
Changed: Oct 13
Last Checked: Oct 7 at 2:31PM
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 Keller Williams Real Estate - West Chester
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Investment Insights
Based on property information with market context.
Built in 1984, this Class B office building contains 8,966 square feet in a flexible configuration suited to an owner-user seeking workspace with additional occupancy potential. The property includes a lower level that can accommodate separate tenant space, along with 24 on-site parking spaces.
The building is located at the entrance to Whiteland Business Park in Exton, with access to Business Route 30 and Route 30. Its established business park setting provides a commercial environment for office operations and convenient connectivity to Exton and surrounding areas.
The building is located at the entrance to Whiteland Business Park in Exton, with access to Business Route 30 and Route 30. Its established business park setting provides a commercial environment for office operations and convenient connectivity to Exton and surrounding areas.
Key Highlights
- 8,966‑square‑foot Class B office building
- Flexible layout with a lower level suitable for separate tenant space
- 24 on‑site parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$140,960
Cap Rate
7.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,819,200
$2.8M
Cap Rate 7%
$2,013,714
$2.0M
Cap Rate 9%
$1,566,222
$1.6M
Market Conditions
NOI Build-Up for 8,966 SF
Gross rent
$233.5K $26.04/SF
− Vacancy
−$45.5K −$5.08/SF
EGI
$187.9K $20.96/SF
− OpEx
−$47.0K −$5.24/SF
NOI
$141.0K $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 Rate 5%
$2,819,200
Cap Rate 7%
$2,013,714
Cap Rate 9%
$1,566,222
Alternative Uses
Best Use
Office B
$2.01M
$1.76M – $2.35M
NOI $140,960 @ 7.0% cap · market cap 7.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.72M
$2.38M – $3.17M
NOI $190,288 @ 7.0% cap · market cap 9.51%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
341
Businesses Nearby
Explore this area
Business Placement
Demographics for 19341, PA
18,808
Population
9,209
Households
2
Avg Household Size
40
Median Age
64%
College-Educated
98%
High-School Grad
13.7 sq mi
ZIP Area
1,373
Density / Sq Mi
$122,992
Median Household Income
$71,565
Median Earnings
$2,045
Median Rent
$486,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - Class B office property with adaptable space, on-site parking, and access to Business Route 30.
Where is this office building located?
The property is located at 728 Springdale Dr Exton, PA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 8,966‑square‑foot Class B office building; Flexible layout with a lower level suitable for separate tenant space; 24 on‑site parking spaces
