Building A/B 826-828 Newtown Yardley Rd 118,946 SF 100% Leased Office Building Newtown, PA 18940 $18,500,000 ($155.53/SF)

Avison Young (“Advisor”) is pleased to present to qualified investors the opportunity to purchase 826-828 Newtown Yardley Road (“Property”). The 118,946 square-foot property is 88.7% leased to six tenants, with rental rates 21.3% below those of comparable properties in the Newtown submarket, offering a significant value-add opportunity. The 20.88-acre site includes a 6.4-acre outparcel that was previously approved for a 32,000-square-foot medical office building, providing additional upside potential.
Originally built in 1968 and fully renovated in 1999, the property has received ongoing capital investment, preserving its desirable campus-like setting. The property is ideally located off Exit 8 of I-295 in prestigious Newtown, Pennsylvania, offering convenient access to major highways and a wide range of amenities. Its prominent position at the intersection of Newtown Yardley Road and the Newtown Bypass provides excellent visibility and signage, with combined traffic count exceeding 34,000 vehicles per day. The property’s current LI – Light Industrial zoning also allows for various redevelopment possibilities, including medical office, manufacturing, distribution, and car dealerships.
826-828 Newtown Yardley Road is offered for sale at $18,500,000, which includes $15,940,000 for the existing building ($134 per square foot; 10.02% cap rate on in-place income) and $2,560,000 for the developable 6.4-acre parcel ($80/FAR). This pricing reflects a unique opportunity for investors seeking both stable income and long-term
growth potential.