Atrium Lobby Office
For Sale
Contact for pricing
75 James Way, Southampton, PA 18966
Two-story, elevator-served office building with a dramatic atrium lobby and divisible suites up to 1,000 sf.
Property Size32,000 SF
Lot Size7.58 Acres
Price / SF$171.88
Days on Market1056
Property Features for 75 James Way
General Information
Standard status
Active
Size
32,000 SF
Class
A
Total Parking Spaces
150
Lot size
7.58 Acres
Property subtype
OFFICE
Zoning
light industrial
Additional Details
Road Access
Yes
Sprinkler System
Yes
Amenities
dramatic atrium lobby
high speed internet
elevator-served
SEPTA bus 24
Building Details
Stories
2
Listing Agency:
NAI Mertz | Bucks County
(215) 396-2900
Listed By:
Jared Licht · License #1757544
(215) 847-3730
Source:
Moodyscre
Added: Dec 8, 2023
Changed: Oct 25
Last Checked: Oct 28 at 12:29PM
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 NAI Mertz | Bucks County
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This modern two-story Class A office building offers approximately 18,000 square feet on the first floor and approximately 12,155 square feet on the second floor, with a dramatic atrium lobby. Space is available for lease in divisions of up to 1,000 square feet, and the building includes a 100% wet sprinkler system. High-speed internet service is available, supported by elevator access.
The property is located just off 2nd Street Pike in Southampton, PA, with access to major routes including Street Road (about 1.0 miles), the Newtown Bypass (about 4.0 miles), and I-276 (about 5.4 miles). Public transit is available via SEPTA Bus 24 at James Way & County Line Road.
Set on a 7.58-acre lot, the building provides 150 parking spaces, or approximately four spaces per 1,000 sf. The property is zoned light industrial, supporting a variety of commercial office uses consistent with the zoning classification.
The property is located just off 2nd Street Pike in Southampton, PA, with access to major routes including Street Road (about 1.0 miles), the Newtown Bypass (about 4.0 miles), and I-276 (about 5.4 miles). Public transit is available via SEPTA Bus 24 at James Way & County Line Road.
Set on a 7.58-acre lot, the building provides 150 parking spaces, or approximately four spaces per 1,000 sf. The property is zoned light industrial, supporting a variety of commercial office uses consistent with the zoning classification.
Key Highlights
- 32,000+/- SF modern, two‑story Class A office building (18,000+/- SF 1st floor; 12,155+/- SF 2nd floor)
- High‑speed internet and elevator‑served building with a dramatic atrium lobby
- Leasing flexibility with space divisible to 1,000 SF
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$503,093
Cap Rate
9.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$10,061,860
$10.1M
Cap Rate 7%
$7,187,043
$7.2M
Cap Rate 9%
$5,589,922
$5.6M
Market Conditions
NOI Build-Up for 32,000 SF
Gross rent
$833.3K $26.04/SF
− Vacancy
−$162.5K −$5.08/SF
EGI
$670.8K $20.96/SF
− OpEx
−$167.7K −$5.24/SF
NOI
$503.1K $15.72/SF
Area
Bucks 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%
$10,061,860
Cap Rate 7%
$7,187,043
Cap Rate 9%
$5,589,922
Alternative Uses
Best Use
Office B
$7.19M
$6.29M – $8.38M
NOI $503,093 @ 7.0% cap · market cap 9.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$9.70M
$8.49M – $11.32M
NOI $679,145 @ 7.0% cap · market cap 12.35%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Sprinkler system
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,044
Businesses Nearby
Explore this area
Business Placement
Demographics for 18966, PA
38,079
Population
14,199
Households
2.7
Avg Household Size
47
Median Age
48%
College-Educated
97%
High-School Grad
16.3 sq mi
ZIP Area
2,336
Density / Sq Mi
$119,741
Median Household Income
$63,712
Median Earnings
$1,840
Median Rent
$466,900
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - Two-story, elevator-served office building with a dramatic atrium lobby and divisible suites up to 1,000 sf.
Where is this office building located?
The property is located at 75 James Way Southampton, PA.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: 32,000+/- SF modern, two‑story Class A office building (18,000+/- SF 1st floor; 12,155+/- SF 2nd floor); High‑speed internet and elevator‑served building with a dramatic atrium lobby; Leasing flexibility with space divisible to 1,000 SF
