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Quakertown Interchange 1900 AM Dr
46,000 SF 71% Leased Office Building Quakertown, PA 18951 £5,477,150 (£119/SF) 4.69% Net Initial Yield
Investment Highlights
- Zoning is highly flexible and accommodates for several business uses.
- The building is only minutes to Route 663 and the PA Turnpike 476.
- Multiple corporate neighbors surround the property and include St. Luke's, LifeQuest, McDonald's, and Holiday Inn.
- A single drive-in bay is also accessible in the rear.
Executive Summary
Financial Summary (Actual - 2021) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
£655,776
|
£14.26
|
| Other Income |
£3,324
|
£0.07
|
| Vacancy Loss |
£260,228
|
£5.66
|
| Effective Gross Income |
£398,872
|
£8.67
|
| Taxes |
£60,630
|
£1.32
|
| Operating Expenses |
£81,353
|
£1.77
|
| Total Expenses |
£141,983
|
£3.09
|
| Net Operating Income |
£256,889
|
£5.58
|
Financial Summary (Actual - 2021)
| Gross Rental Income | |
|---|---|
| Annual | £655,776 |
| Annual Per SF | £14.26 |
| Other Income | |
|---|---|
| Annual | £3,324 |
| Annual Per SF | £0.07 |
| Vacancy Loss | |
|---|---|
| Annual | £260,228 |
| Annual Per SF | £5.66 |
| Effective Gross Income | |
|---|---|
| Annual | £398,872 |
| Annual Per SF | £8.67 |
| Taxes | |
|---|---|
| Annual | £60,630 |
| Annual Per SF | £1.32 |
| Operating Expenses | |
|---|---|
| Annual | £81,353 |
| Annual Per SF | £1.77 |
| Total Expenses | |
|---|---|
| Annual | £141,983 |
| Annual Per SF | £3.09 |
| Net Operating Income | |
|---|---|
| Annual | £256,889 |
| Annual Per SF | £5.58 |
Property Facts
Amenities
- 24 Hour Access
- Atrium
- Signage
- Central Heating
- Natural Light
- Monument Signage
- Air Conditioning
About 1900 AM Dr , Quakertown, PA 18951
1900 AM Drive is a class-A multi-tenant office building located in the center of Quakertown. This aesthetically pleasing property features a gorgeous all glass atrium-style lobby with multi level panoramic windows. The building also features beautiful interior brick walls, recently renovated copper ceilings, brand new carpeting throughout, and high-end finishes.
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Hill International, STMicroelectronics, Quantum,
- -
- -
- -
- -
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
| Hill International, STMicroelectronics, Quantum, | - | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Three months FREE rent up front with a 5 year lease. Owner will modify space according to tenant's needs.
- 1st Floor
- 5,374 SF
- Office
- Full Build-Out
- 30 Days
Three months FREE rent up front with a 5 year lease.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 5,401 SF | Office | Full Build-Out | Now |
| 1st Floor | 5,374 SF | Office | Full Build-Out | 30 Days |
| 2nd Floor | 7,840 SF | Office | Shell Space | Now |
1st Floor
| Size |
| 5,401 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size |
| 5,374 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
2nd Floor
| Size |
| 7,840 SF |
| Space Use |
| Office |
| Condition |
| Shell Space |
| Available |
| Now |
1st Floor
| Size | 5,401 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Three months FREE rent up front with a 5 year lease. Owner will modify space according to tenant's needs.
2nd Floor
| Size | 7,840 SF |
| Space Use | Office |
| Condition | Shell Space |
| Available | Now |
Three months FREE rent up front with a 5 year lease.
PROPERTY TAXES
| Parcel Number | 23-002-150-001 | Total Assessment | £310,476 (2024) |
| Land Assessment | £54,865 (2024) | Annual Taxes | £60,630 (£1.32/sf) |
| Improvements Assessment | £255,611 (2024) | Tax Year | 2021 |
PROPERTY TAXES
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Quakertown Interchange | 1900 AM Dr
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