518 E. Township Line Road enables qualified investors the opportunity to acquire a recently renovated suburban office building with a weighted average lease term of 8.9 years. Over fifty percent (50%) of the Property is leased to two high quality, anchor tenants: RSM US LLC and Jefferson Blue Bell Surgery Center. These two tenants, which have an average remaining lease term of 9.7 years, provide investors with a secure income stream. In addition, an investor has the ability to achieve outsized returns through the lease-up of the remaining vacancy. The Property offers investors long-term stability with little cash outlay needed to generate excellent cash-on-cash returns.
Jones Lang LaSalle Americas, Inc. (“JLL”) has been retained on an exclusive basis to arrange the sale of 518 E. Township Line Road (the “Property”), a 123,087 square foot, Class A office property located in the heart of Blue Bell, PA. Current ownership recently completed best-in-class renovations and amenity enhancements totaling $3.2M, transforming the asset into the submarket’s most premier office property.