Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Year Built 1970
Building Area
Occupancy 75.0 %

Property Description

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.

Investment Highlights

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.
Doug Rodio
Senior Managing Director
Brett Segal
Brett Segal
Managing Director, Capital Markets
License details
PA-RS322575

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