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Property profile & analytics
FOR SALE
Office buildings

400 Lapp Rd Malvern, PA 19355-1212

28,592 SF 3.6 ac lot Built 1999
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US73-2242854
Property summary
AI-generated overview

This exceptional Class A office building, located at 400 Lapp Rd, Malvern, PA 19355, offers a rare opportunity to lease premium office space. Built in 1999, the single building comprises 28,592 square feet situated on a generous 3.6 acres of land. The property is ideally suited for multiple tenants, with a minimum divisible space of 7,000 square feet and a maximum contiguous space of 14,296 square feet. Currently, there are two suites available within the building, providing flexibility for businesses of varying sizes. The building's traditional office design offers a professional and efficient workspace. Its prime location in Malvern, Pennsylvania, ensures easy access to major transportation routes and amenities. This is a fantastic opportunity to secure high-quality office space in a desirable location. The property is classified as Class A, reflecting its superior construction, amenities, and location. Don't miss this chance to establish your business in this prestigious Malvern address. Contact us today to schedule a viewing and explore the possibilities.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1999
Total area 28,592 SF
Lot 3.6 ac (156,816 SF)
Zoning code LI
APN 4204 00240000
UPID US73-2242854
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$7.38M
Comparable Approach Comparable
$7.35M
Blend (final) Blend
$6.39M
Owner & transaction history
Krus IV LLC · 7 yrs held
Krus IV LLC
since 2019
4 recorded transactions
2019
$7.8M
2017
Price N/A
2013
$2.0M
2009
Price N/A
Zoning & alternative use
LI · Malvern, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $6.5M +27.4%
Restaurant $6.2M +20.8%
Auto repair, garage $6.1M +19.3%
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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