$6,000,000
1745 Wentz Road
Details
APN 23-002-145
Property Type Industrial, Special Purpose
Sub Type School, Religious/Church
Square Footage 10,000
Tenancy Single
Price per SqFt $600
Acreage 26.110
Zoning Bucks County / Milford Township - Commercial/Institutional/Industrial
Investment Type Owner/User
Ground Lease No
Unique 26.1-acre industrial-zoned campus featuring approximately 16,000 SF± of existing improvements
Marketing description
1745 Wentz Road presents a distinctive campus-style property unlike any other currently available in the greater Bucks County commercial market. Positioned on 26.11± contiguous acres in Milford Township, the Property offers a combination of operational laboratory infrastructure, secondary storage facilities, and expansive undeveloped acreage suitable for phased campus expansion, additional facility construction, or programmatic outdoor uses including field research, animal husbandry, or environmental science applications.
The Property features an existing 10,000± square foot laboratory building and several additional buildings. The campus setting, generous acreage, and proximity to the Greater Philadelphia life sciences corridor, the Princeton-to-Philadelphia Route 202 pharmaceutical belt, and the Lehigh Valley innovation ecosystem position this asset as one of the most compelling laboratory/campus acquisition opportunities in the region.
Investment highlights
- Rare Operational Laboratory Campus Turnkey laboratory infrastructure on 26.11± acres - a combination virtually unavailable in the greater Philadelphia and Bucks County submarkets. The existing 10,000± SF lab building eliminates the time, cost, and permitting complexity associated with ground-up development.
- Strategic Location Within the Philadelphia Life Sciences Corridor Situated within the greater Philadelphia life sciences ecosystem - one of the top three life sciences markets in the United States - the Property offers direct regional access to a deep talent pool of scientists, researchers, and academic professionals from institutions including the University of Pennsylvania, Drexel University, Temple University, and Lehigh University, and the Wistar Institute, among others.
- Proximity to Major Pharmaceutical & Biotech Clusters The Property is strategically positioned between the King of Prussia/Route 202 pharmaceutical belt and the Princeton, NJ biotech corridor - two of the most active pharmaceutical and life sciences submarkets on the East Coast. This positioning enables operators to recruit talent from both markets while maintaining lower occupancy and land costs than either core submarket.
- Significant Acreage for Campus Expansion With 26.11± acres of largely undeveloped land, a buyer has the opportunity to phase in additional laboratory buildings, office facilities, greenhouses, vivarium structures, outdoor research areas, or specialized installations not possible on constrained urban or suburban infill sites.
- Versatile Use Case - Multiple Buyer Profiles The Property's combination of existing laboratory infrastructure, acreage, and zoning accommodates a wide range of institutional and commercial uses including pharmaceutical R&D, contract research, veterinary and animal health science, academic research campuses, biotechnology, and integrative health or wellness campus development.
- The laboratory building is currently owner-occupied. The owner has secured relocation plans and is committed to vacating the premises at or prior to closing, enabling a buyer to take immediate possession upon settlement. The property is offered with no third-party lease encumbrances. The storage structure is currently vacant and available for immediate use.
- Value-Add Repositioning Potential At an offering price of $6,000,000 - approximately $229,800 per acre and $600 per SF of existing laboratory space - the Property represents a compelling value relative to replacement cost for laboratory construction in Pennsylvania, which is currently estimated at $400-$700+ per SF for comparable purpose-built facilities.
- Favorable Regional Growth Dynamics Bucks County continues to experience population and employment growth driven by its proximity to Philadelphia and the greater I-95 corridor. Regional demand for life sciences, healthcare, and research facilities continues to outpace available purpose-built supply, creating a favorable acquisition environment for institutional buyers.
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