1633 REPUBLIC RD HUNTINGDON VALLEY PA 19006-1807
Single Tenant Flex Building | IOS Component | Below Market Rent
Marketing description
Avison Young is pleased to offer 1633 Republic Road for sale to qualified investors. Located adjacent to the Pennsylvania Turnpike (I-276) in a heavy in-fill area, the property consists of a single-tenant, 15,000 square foot flex building on 1.03 acres. The building was fully renovated in 2019 and is well equipped with two loading docks, one drive-in door, and abundant IOS space.
Investment highlights
Flexible Building Layout
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".
Value-Add Potential
The tenant's in-place rent is 21% below the current flex market rental rate of $12.00 psf NNN.
Industrial Market
Within one mile of the property, the immediate industrial/flex market is made up of approximately 1.2 million square feet and has a 0.4% vacancy rate.
Strategic Location
Located in East Montgomery County along the Pennsylvania Turnpike (I-276) and less than one mile from the Bucks County line along County Line Road, the property provides excellent regional connectivity.
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