300 Welsh RdAmbler, PA 19002

For Sale
$8,150,000

High-yield, stabilized office investment.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents two Class B office buildings totaling 57,792 square feet, situated on a 6.34-acre lot in Ambler, Pennsylvania (19002). The property, located at 300 Welsh Road, boasts a 9.20% cap rate and is currently 100% occupied by six tenants, providing a stable income stream with a weighted average lease term of 6.86 years (excluding one tenant). Built between 1980 and 1983, with a complete renovation of Building 2 in 2023, the property benefits from significant recent capital improvements exceeding $4.5 million, minimizing future capital expenditure needs. The asking price is $8,150,000 ($141 per square foot), representing a significant discount to replacement cost. The property's prime location within the Horsham Business Park District, with excellent visibility and accessibility (28,000 vehicles daily), ensures strong tenant demand. The zoning is HBP - Horsham Business Park District, and the Montgomery County property features two stories per building. This stabilized asset offers predictable returns and long-term value, making it an attractive investment for discerning buyers. The property's convenient location is just 2.5 miles from the Pennsylvania Turnpike's Virginia Drive exit and 3.7 miles from the Ambler/Fort Washington Interchange, providing easy access for tenants and employees. The surrounding retail and food amenities further enhance the property's appeal.

Highlights

  • Stable, predictable cash flow.
  • Strong long-term appreciation potential.
  • Below market replacement cost.
  • Excellent location and accessibility.

Property Details for 300 Welsh Rd

Property type
Other office properties, Office space
Square Feet
57,792 SF
Class
B
Year Built/Renovated
1980/2023
Buildings
2
Stories
2
Lot Size (sq. ft)
276,170 SF

Location Insight

City
Ambler
County
Montgomery
State
Pennsylvania
Latitude
40.162945725088
Longitude
-75.151708366591
300 Welsh Rd, Ambler, Pennsylvania

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300 Welsh Rd
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