728 Springdale Dr, Exton, PA 19341

Property Description

We are pleased to present an exceptional commercial opportunity at 728 Springdale Dr., Exton, PA 19341. This prominent, two-story office building features 11,000 square feet of versatile workspace, with 5,400 square feet tenant-occupied and an additional 3,200 square feet currently occupied but available for immediate use by an owner/user or lease tenant. The property offers an attractive in-place cap rate of 6.6% with a Net Operating Income (NOI) of $155,681 Additionally, the pro forma cap rate is 7% with a Pro Forma NOI of $163,115, making it a highly attractive investment opportunity for both owner-users and investors. The property enjoys high visibility on Business Route 30 and offers the option to add additional access points on the first floor, making it ideal for businesses seeking flexibility and enhanced accessibility. Located within a Keystone Innovation Zone (KIZ), this building offers potential tax incentives and other benefits, making it a strategic choice for innovative businesses. With easy access to Routes 30, 202, 322, 100, and the PA Turnpike, the property provides convenient transportation options for employees, clients, and visitors. The 45 on-site parking spaces ensure ample availability, while very low association fees help keep operational costs manageable. With its flexible layout, prime location, and modern infrastructure, this property is ideal for a variety of business uses.