84,210 SF Office Building

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84,210 SF Office Building

jenkintown, PA 19046
Asking Price
$2.00M
Asset Type
Office
Class
Class B

What's Special

84,210 SF Office Building at Jenkintown, PA is located in the heart of the borough, a mature suburban enclave in Montgomery County. The property sits within walking distance of the Jenkintown-Wyncote SEPTA Regional Rail station, providing direct transit access to Center City Philadelphia and the northern suburbs. The immediate neighborhood features a mix of local retail, restaurants, and banking services along Old York Road. The location benefits from a high walkability score and proximity to Route 611 and the Pennsylvania Turnpike, facilitating efficient regional vehicle access for commuters and visitors. The building serves as a professional hub suitable for diversified office uses, including corporate headquarters, satellite administrative centers, or partitioned suites for professional services. The floor plates and central location make the asset ideal for law firms, financial services, regional non-profits, and healthcare administration entities. The property caters to tenants seeking a suburban office environment that maintains urban-style amenities and robust public transportation connectivity. The surrounding demographic profile provides a stable base for businesses requiring access to a skilled local workforce and a professional atmosphere outside of the downtown core.

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NOI
$80,000
Cap Rate
4.00%
DSCR
0.67
Underwater
Cash-on-Cash
-6.46%
Monthly Payment
$9,894.909
Annual Cash Flow
$-38,738.905

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