Property

Malvern, PA 19355 400 Lapp Road

400 Lapp Road Malvern, PA - Image 1400 Lapp Road Malvern, PA - Image 2400 Lapp Road Malvern, PA - Image 3
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Presented By: BHHS Fox & Roach-Chadds Ford
  • MLS# PACT2065458
  • 05/09/2024
  • Request Tour
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  • SQFT • 28,592

Home Details

A very flexible opportunity for immediate occupancy, investment potential or sub-dividable lease buyout. This 28,000 +/- SF Class A Office Building is currently fully leased until April 2027 with an NOI of $603,186 (NNN Lease). Potential lease buyout for user buyer occupant along with sub-dividable potential with lease buyout option. Great location, approximately 1 Mile from PA 76 Turnpike. Easily accessible to Route 29, Route 202 & Route 30 . Within close proximity to major residential development.
Presented By: BHHS Fox & Roach-Chadds Ford

Interior Features for 400 Lapp Road

Other Interior Features

Central Air Y/NYes
Heating FuelCentral
Heating Y/NYes
Hot WaterOther

General for 400 Lapp Road

AccessibilityOther
Business TypeProfessional, Medical
CityMALVERN
Construction MaterialsSteel Siding
Cool FuelOther
CoolingCentral A/C
CountyCHESTER
DirectionsUS-202 N/US-322 W/Wilmington Pike to East Whiteland Township. Exit PA-401 W. Alroy Rd to Lapp Rd
FULLFee Simple
HeatingForced Air
Lot Size Square Feet156816.00
Lot Size UnitsSquare Feet
MLS AreaEast Whiteland Twp (10342)
ModificationTimestamp2024-12-19T07:22:38
MunicipalityEAST WHITELAND TWP
New ConstructionNo
NumberOfUnitsTotal
PossessionNegotiable
Price Per Sq Ft Total AG262.31
Property SubtypeOffice
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount96614.0
Tax Assessed Value3290000.0
Tax Lot0024
Tax Year2024
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1999
Year Built SourceAssessor
ZoningCOMMERCIAL
Zoning DescriptionProfessional

Exterior for 400 Lapp Road

Building Area Total28592.00
Car Parking Spaces102
Land Assessed Value231000.00
Land Use CodeC60
Lot Dimensions0.00 x 0.00
Lot Size Acres3.60
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces102
Type of ParkingParking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Tina Torres

Broker/Owner
Price $7,500,000
MLS#PACT2065458
List Date 05/09/2024
Property Type Commercial
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