1633 REPUBLIC RD

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1633 REPUBLIC RD

HUNTINGDON VALLEY, PA 19006-1807
Asking Price
$2.25M
Asset Type
Flex Industrial
Class
Class B

What's Special

Single Tenant Flex Building | IOS Component | Below Market Rent <p><strong><u>Flexible Building Layout</u></strong></p><p><span style="color: rgba(77, 77, 77, 1)">1633 Republic Road offers a highly functional layout with limited office space, loading positions on opposite ends of the building, and clear ceiling heights ranging from 16' 3" - 16' 10". </span></p><p></p><p><strong><u>Value-Add Potential</u></strong></p><p><span style="color: rgba(77, 77, 77, 1)">The tenant's in-place rent is 21% below the current flex market rental rate of $12.00 psf NNN. </spa

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NOI
$80,000
Cap Rate
3.56%
DSCR
0.60
Underwater
Cash-on-Cash
-7.94%
Monthly Payment
$11,131.772
Annual Cash Flow
$-53,581.268

Location & Travel Times