1633 Republic Rd 15,000 SF Industrial Building Huntingdon Valley, PA 19006 $3,075,300 CAD ($205.02 CAD/SF)

Avison Young is pleased to offer 1633 Republic Road (the “Property”) for sale to qualified investors. Located adjacent to the Pennsylvania Turnpike in a dense infill area, the Property consists of a single-tenant, 15,000-square-foot flex building situated on 1.03 acres. The building was fully renovated in 2019 and is currently leased at a rental rate approximately 21% below the estimated market rate of $12.00 PSF NNN.
Originally constructed in 1978, the Property is well-equipped with two dock doors, one drive-in door, and clear heights ranging from 16’3” to 16’10”. The building’s functional layout, combined with its outdoor storage component, supports a wide range of industrial and flex uses. The existing tenancy has demonstrated commitment to the location, including the execution of a five-year renewal option in 2025.
The Property is strategically located in Huntingdon Valley along Interstate 276, providing strong connectivity to Philadelphia and the surrounding suburbs. It is situated within a dense infill industrial market, with a 0.4% vacancy rate for flex and industrial buildings under 50,000 square feet within a one-mile radius, representing approximately 1.2 million square feet of existing inventory. The Property’s location, functionality, and limited supply in the immediate area support sustained tenant demand and long-term rent growth.