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1900 AM Dr
Quakertown, PA 18951

$7,000,000 USD

Medical For Sale  •  46,000 SF

Property Details

  • Property Type Medical
  • Total Building Size 46,000 SF
  • Lot Size 6.38 AC
  • Building Class B
  • Year Built 1983
  • Cap Rate 4.69 %
  • Tenancy Multiple
  • Zoning 23I, Milford Twp
0 Transit Score
12 Walk Score

Description

1900 AM Drive is a class-A multi-tenant office building located in the center of Quakertown. This aesthetically pleasing property features a gorgeous all glass atrium-style lobby with multi level panoramic windows. The building also features beautiful interior brick walls, recently renovated copper ceilings, brand new carpeting throughout, and high-end finishes.

Highlights

Zoning is highly flexible and accommodates for several business uses.
Multiple corporate neighbors surround the property and include St. Luke's, LifeQuest, McDonald's, and Holiday Inn.
The building is only minutes to Route 663 and the PA Turnpike 476.
A single drive-in bay is also accessible in the rear.

Property Flyers

Financial Summary (Actual)

Net Operating Income: $328,314 USD (2022)
Cap Rate: 4.69 %
Total Expenses: $181,459 USD

Major Tenants

Tenant SF Occupied Lease End Date
Hill International, STMicroelectronics, Quantum,

Amenities

  • 24 Hour Access
  • Atrium
  • Signage
  • Central Heating
  • Natural Light
  • Monument Signage
  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Lehigh Valley International 35 min - 23.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 230
Type: Surface
Included in Rent: Yes
W.C. Weiss 215-880-8300 Equis Commercial Real Estate Inc
W.C. Weiss 215-880-8300 Equis Commercial Real Estate Inc