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115 W Main St

6,126 SF 100% Leased Office Building Collegeville, PA 19426 £1,025,700 (£167/SF) 7.60% Net Initial Yield

Investment Highlights

  • Excellent demographics and growth with an AHHI of $156,000 in a 3-mile radius and 3.5% projected population growth through 2028
  • Lesse than 10-minutes to 422
  • Multiple value-add opportunities

Executive Summary

-Fully leased, turn-key investment opportunity anchored by MyEyeDr, a National eye care operator with over 500 locations
-Smallest tenant has a month-to-month lease with below market rent, offering an immediate value-add opportunity
-Buyer has the ability to add a management fee into CAM
-Elevator served and fully ADA accessible

Data Room Click Here to Access

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
6,126 SF
Building Class
B
Year Built
2010
Price
£1,025,700
Price Per SF
£167
Net Initial Yield
7.60%
NOI
£77,953
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
3,063 SF
Slab to Slab
9 ft
Building FAR
0.31
Land Acres
0.46 AC
Zoning
VC
Parking
22 Spaces (3.59 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
23-00-00838-003
Land Assessment
£0 (2024)
Improvements Assessment
£0 (2024)
Total Assessment
£307,087 (2024)
  • Listing ID: 33067357

  • Date on Market: 05/09/2024

  • Last Updated:

  • Address: 115 W Main St, Collegeville, PA 19426

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