Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Professional Office Suite For Sublease Title is generated by Realmo AI

    Glen Mills, PA 19342, Glen Mills, PA 19342

    View on Map
    Claim this Listing
    For Lease
    $2,300/Mo $27 SF/Yr (calc)

    Move-in ready office suite with utilities and cleaning included.

    Type:Office
    Property size:
    1,000 SF
    Added:
    Nov 25, 2025
    Days on Market:
    183
    Last Refresh:
    May 8 at 10:41 pm

    Property Features

    General Information

    Standard status
    Active
    Size
    1,000 SF
    Property subtype
    Office

    Spaces For Lease

    Contact us

    We can help!

    Listing Contact
    Tyler Foresta
    Tyler Foresta

    Listing agent Tyler Foresta License #RS-0025429

    Listing office LMT Commercial Realty / CORFAC International

    Listing date Nov 25, 2025

    Source Corfac

    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 LMT Commercial Realty / CORFAC International

    HighLights

    • Move‑in ready space.
    • Full‑service sublease includes utilities, cleaning services, common area usage, and maintenance.
    • Excellent visibility and accessibility on Wilmington West Chester Pike.
    • High traffic location on Route 202 with an AADT of 38,397 +/- VPD.
    • 3‑year term.
    • 1,000 +/- SF professional office suite.

    Overview

    This professional office suite offers approximately 1,000 square feet of space. It is situated along the Wilmington West Chester Pike corridor, providing high visibility and accessibility. The property is available for sublease under a full-service agreement for a 3-year term. The full-service sublease includes utilities, cleaning services, and common area usage and maintenance. The location benefits from a high traffic volume, with approximately 38,397 vehicles per day (AADT) on Route 202.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Map

    City
    Glen Mills
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.5068
    Latitude
    39.898

    Nearby Similar for Lease

    • $2,600/Mo
      1,000 SF

      Modern Office Space with Basement

      Modern office space with basement storage and ADA accessibility.
      328 WILMINGTON W CHESTER PIKE, GLEN MILLS, PA 19342
      View Details
    • $1,600/Mo

      Renovated Retail/Office Space Available

      High-traffic location with ample parking and signage.
      1109 SMITHBRIDGE Road, GLEN MILLS, PA 19342
      View Details
    • $1,250/Mo
      900 SF

      Glen Mills Office Space Available

      900 SF office space with private offices for lease.
      15-45 Regency Plz, Glen Mills, PA
      View Details
    • Contact for pricing
      5,040 SF

      Class A Office Building

      Office building with cafe, exercise facility, and walking trail.
      50 Applied Card Way, Glen Mills, PA
      View Details
    • $5,650/Mo
      2,000 SF

      Modern Office Space with Visibility

      Modern 2-story office space with basement and high visibility.
      328 Wilmington W Chester Pike, GLEN MILLS, PA, 19342-8152
      View Details
    • Contact for pricing
      3,884 SF

      Upscale Retail Space in Glen Mills

      Upscale shopping destination with diverse retail and dining options.
      100 Evergreen Dr, Glen Mills, PA
      View Details
    • Contact for pricing
      15,000 SF

      Glen Mills Medical Office Building

      Medical office building site in the heart of Glen Mills.
      1720 Wilmington Pike, Glen Mills, PA
      View Details
    • Contact for pricing
      1,900 SF

      Retail Space in Glen Mills

      Retail space available in a strong daily needs strip center.
      1810 Wilmington Pike, Glen Mills, PA
      View Details
    • Contact for pricing
      2,000 SF

      Furnished Office Space Available

      2,000 SF furnished office space with conference room.
      871 Baltimore Pike, Glen Mills, PA
      View Details
    • Contact for pricing
      22,013 SF

      Glen Mills Office Space Available

      Office space available for rent in Glen Mills, PA.
      1 Braxton Way, Glen Mills, PA 19342
      View Details
    • Contact for pricing
      7,000 SF

      Retail Space in Glen Mills

      7,000 SF retail property available for lease.
      Highway 202 & Highway 1, Glen Mills, PA, 19342
      View Details
    • Contact for pricing
      15,259 SF

      Glen Mills Office Space Available

      Modern office space with open layout and numerous amenities.
      2 Braxton Way, Glen Mills, PA
      View Details

    FAQs

    What type of property is this?
    Office units - Move-in ready office suite with utilities and cleaning included.
    Where is this office units located?
    The property is located at Glen Mills, PA.
    What is the lease rate?
    The lease rate is $2,300 /Mo.
    What are key features of this property?
    This property features: Move‑in ready space.; Full‑service sublease includes utilities, cleaning services, common area usage, and maintenance.; Excellent visibility and accessibility on Wilmington West Chester Pike.
    (302) 414-1000
    We can help!
    Listing Contact
    Tyler Foresta
    Tyler Foresta
    Real Estate License ID: RS-0025429
    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
    Glen Mills, PA 19342
    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!