Active

400 Lapp Rd

Malvern PA, 19355

$7,500,000


$262.31 per sqft

Active

28,592 sqft

Commercial

Built in 1999

+/- 28,000 SF Class A Office Building
* Can be subdivided into four 7,000 SF Suites
* Fully Leased by Stream Companies until April 2027
* NOI of $603,186 (NNN Lease)
* Potential for Lease Buyout Negotiation for User Buyers
* Approximately 1 Mile from PA 76 Turnpike slip ramp
* Easily Accessible to Route 29, Route 202, Route 30
* Can be subdivided upon potential Lease Buyout
* Can be delivered with high level furnishings if desired

PACT2038894

MLS ID

February 15, 2024

Updated

Map

400 Lapp Rd
Malvern PA, 19355

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes

Exterior/Building Features

Sewer

Public Sewer

Other Property Details

Area Name

EAST WHITELAND TWP


Taxes

$91,844


Tax Frequency

Annually


Days on Market

283


Garage

No


Parking Total

102


View

No


County

CHESTER


Water Source

Public


Pool

No


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

11/2/2023

Price Change

$7,500,000

-7%

Listed by Eric Kuhn, with Pillar Real Estate Advisors
Listing Contact: 4848878202 

The IDX display contains information sourced from the Bright MLS, Inc. as of 2/15/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 2/15/2024 at 10:20 PM UTC

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