13000 Townsend RdPhiladelphia, PA 19154

For Sale
$21,800,000

Mission-critical US Treasury facility, 5-year lease.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional Class A office building, located at 13000 Townsend Rd, Philadelphia, PA 19154, presents a unique investment opportunity. The 127,584 square foot, single-tenant property is fully occupied by the U.S. Department of the Treasury – Bureau of Fiscal Service (BFS), a tenant with a AAA Fitch credit rating, guaranteed by the full faith and credit of the U.S. Federal Government. The BFS utilizes this facility as the Philadelphia Financial Center, manufacturing and distributing IRS refund checks and handling regional federal wire transfers. The building, constructed in 1994 and renovated in 2018, sits on a 10.56-acre lot and features one story. A new 5-year lease extension (with a 3-year non-cancellable term) has recently been signed by the General Services Administration (GSA), providing long-term stability and predictable income. The property boasts a Level 4 security system, reflecting the mission-critical nature of its operations. The asking price is $21,800,000, offering a compelling return on investment backed by a financially secure, government-backed tenant. This fee-simple ownership opportunity provides significant upside potential. The property's strategic location in Philadelphia, the sixth most populous city in the U.S., further enhances its value.

Highlights

  • Mission-critical U.S. Department of Treasury facility in Philadelphia, PA.
  • Manufactures IRS refund checks and handles federal wire transfers as the Philadelphia Financial Center.
  • New 5-year lease extension with a 3-year non-cancellable term.
  • AAA Fitch credit-rated tenant, backed by the full faith and credit of the U.S. Federal Government.
  • Significant government investment in tenant improvements and building security systems.

Property Details for 13000 Townsend Rd

Property type
Other office properties, Office properties
Class
A
Year Built/Renovated
1994/2018
Buildings
1
Stories
1
Lot Size (sq. ft)
459,994 SF

Location Insight

City
Philadelphia
County
Philadelphia
State
Pennsylvania
Latitude
40.1086736
Longitude
-74.9777924
13000 Townsend Rd, Philadelphia, Pennsylvania

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
13000 Townsend Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message