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215-217 W Church Road | Office + Retail

2 Properties in King Of Prussia, PA

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Investment Highlights

The subject Portfolio is in King of Prussia, Pennsylvania, a densely populated, affluent, and easily accessible submarket of Philadelphia
Large 4.79 acre parcel that's well located and offers numerous redevelopment opportunities in the future if warranted or necessary
In August 2022 ownership fully replaced the 217 W Church Rd roof with a new TPO roofing system warrantied for 20 years

An opportunity to acquire a stabilized portfolio well below the cost of new construction and at a very competitive cost basis
Playtime has been operating in their King of Prussia, PA location since 2018 and recently agreed to extend their lease by another 10 years

Executive Summary

CBRE IS PLEASED TO EXCLUSIVELY PRESENT FOR SALE this distinctive 100% occupied investment opportunity featuring two prime assets in King of Prussia, Montgomery County, Pennsylvania: a fully leased, multi-tenanted office building and a single tenant building currently long-term leased to Playtime Pet Resort (“Portfolio” or “Property”). The Portfolio’s weighted average lease term remaining (WALT) is over 6 years. The buildings are being offered individually or as a portfolio. Both buildings are situated on a single tax parcel so, if sold separately, a condominium structure would be established.

Property Facts

Sale Type	Investment	Individually For Sale	1
Status	Active	Total Building Size	77,047 SF
Number of Properties	2	Total Land Area	8.44 AC

Sale Type	Investment
Status	Active
Number of Properties	2
Individually For Sale	1
Total Building Size	77,047 SF
Total Land Area	8.44 AC

Properties

Property Name / Address	Property Type	Size	Year Built	Individual Price
215 W Church Rd, King Of Prussia, PA 19406	Office	61,032 SF	1976	-
217 W Church Rd, King Of Prussia, PA 19406	Retail	16,015 SF	1962	£3,372,963

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