555 2Nd Ave Collegeville, PA 19426
6,000 SF Office, 4.11% Cap Rate
Description
- Added:
- Dec 11, 2024
- Days on Market:
- 391
Property Features for 555 2Nd Ave
General Information
- Property type
- Medical offices
- Square Feet
- 6,000 SF
- Class
- B
- Lot Size
- 6,098 SF
Building Details
- Year Built/Renovated
- 1994/2010
- Buildings
- 1
- Stories
- 2
- Units
- 5
HighLights
- Investment opportunity: 6,000 SF Class B office building in Collegeville, PA.
- Currently 70% occupied, offering a $51,345 NOI and a pro‑forma NOI of $100,381.
- Asking price: $1,250,000, representing a 4.11% cap rate (8.03% pro‑forma).
- Features 3,500 SF of available space, ready for immediate occupancy.
- Excellent location near Routes 422 & 29, with amenities including ample parking and proximity to retail.
- Owner‑user opportunity with potential for rent increases.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Collegeville
- County
- Montgomery
- State
- Pennsylvania
- Longitude
- -75.459618141155
- Latitude
- 40.177159160992