1166-1188 Dekalb Pike Blue Bell Pa. 19422 Blue Bell, PA 19422
- Office Properties & Spaces
- 30,000 SF
- 88,000.00 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 1166-1188 Dekalb Pike Blue Bell Pa. 19422
- Lot size
- 88,000.00 lot acres
- Property size
- 30,000 SF
- Property type
- Office Properties & Spaces
Description
This exceptional commercial property, located at 1166-1188 Dekalb Pike in Blue Bell, Pennsylvania, presents a compelling investment opportunity. The complex comprises three buildings totaling 30,000 square feet on an expansive 88,000-square-foot lot. The main building, a three-story structure with a partial fourth floor, offers approximately 25,800 square feet of modern office space, served by an elevator. Floor plans are efficient, with the first floor encompassing roughly 7,200 square feet and the second and third floors each approximately 7,800 square feet. An additional 3,000 square feet of finished office space is available in the penthouse. Two single-story commercial buildings at 1188 Dekalb Pike complement the main structure. Currently, the property boasts twelve tenants, primarily franchisees, with a 37% occupancy rate and a modified lease structure allowing for 3-5% annual rent bumps. Built in 1972 with significant renovations in 1990, 2022, and 2023, the property is classified as Class B and zoned for commercial office and retail use. The asking price is $3,990,000, translating to $133 per square foot. Ample surface parking is available, and the property is beautifully landscaped. This multi-tenant, value-add investment presents significant potential for increased revenue and return. The strategic location and versatile space make this a highly attractive opportunity for discerning investors.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Blue Bell
- County
- Montgomery
- State
- Pennsylvania
- Longitude
- -75.2945
- Latitude
- 40.1618
