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Quakertown Interchange 1900 AM Dr 46,000 SF 71% Leased Office Building Quakertown, PA 18951 $10,424,925 CAD ($226.63 CAD/SF) 4.38% Cap Rate
INVESTMENT HIGHLIGHTS
- Zoning is highly flexible and accommodates for several business uses.
- The building is only minutes to Route 663 and the PA Turnpike 476.
- All glass atrium-style lobby
- Multiple corporate neighbors surround the property and include St. Luke's, LifeQuest, McDonald's, and Holiday Inn.
- A single drive-in bay is also accessible in the rear.
EXECUTIVE SUMMARY
Equis Commercial Real Estate Services is pleased to present to all investors an opportunity to own 1900 AM Dr which is a 46,000 SF multi office building
FINANCIAL SUMMARY (ACTUAL - 2023) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$1,164,959
|
$25.33
|
| Other Income |
$5,905
|
$0.13
|
| Vacancy Loss |
$462,284
|
$10.05
|
| Effective Gross Income |
$708,579
|
$15.40
|
| Taxes |
$107,706
|
$2.34
|
| Operating Expenses |
$144,520
|
$3.14
|
| Total Expenses |
$252,226
|
$5.48
|
| Net Operating Income |
$456,353
|
$9.92
|
FINANCIAL SUMMARY (ACTUAL - 2023)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $1,164,959 |
| Annual Per SF | $25.33 |
| Other Income (CAD) | |
|---|---|
| Annual | $5,905 |
| Annual Per SF | $0.13 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $462,284 |
| Annual Per SF | $10.05 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $708,579 |
| Annual Per SF | $15.40 |
| Taxes (CAD) | |
|---|---|
| Annual | $107,706 |
| Annual Per SF | $2.34 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $144,520 |
| Annual Per SF | $3.14 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $252,226 |
| Annual Per SF | $5.48 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $456,353 |
| Annual Per SF | $9.92 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
46,000 SF
Building Class
B
Year Built
1983
Price
$10,424,925 CAD
Price Per SF
$226.63 CAD
Cap Rate
4.38%
NOI
$456,353 CAD
Percent Leased
71%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
23,000 SF
Slab To Slab
10’
Building FAR
0.17
Lot Size
6.38 AC
Zoning
23I, Milford Twp - Industrial District
Parking
230 Spaces (5 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Atrium
- Signage
- Central Heating
- Natural Light
- Monument Signage
- Air Conditioning
ABOUT 1900 AM DR , QUAKERTOWN, PA 18951
1900 AM Drive is a class-A multi-tenant office building located in the center of Quakertown. This aesthetically pleasing property features a gorgeous all glass atrium-style lobby with multi level panoramic windows. The building also features beautiful interior brick walls, recently renovated copper ceilings, brand new carpeting throughout, and high-end finishes.
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Hill International, STMicroelectronics, Quantum,
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Hill International, STMicroelectronics, Quantum, | - | - | - | - |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Three months FREE rent up front with a 5 year lease. Owner will modify space according to tenant's needs.
Three months FREE rent up front with a 5 year lease.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 2,500-5,401 SF | Office | Full Build-Out | Now |
| 2nd Floor | 2,500-7,840 SF | Office | Shell Space | Now |
1st Floor
| Size |
| 2,500-5,401 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Floor
| Size |
| 2,500-7,840 SF |
| Space Use |
| Office |
| Condition |
| Shell Space |
| Available |
| Now |
1 of 6
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Floor
| Size | 2,500-5,401 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Three months FREE rent up front with a 5 year lease. Owner will modify space according to tenant's needs.
1 of 6
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
2nd Floor
| Size | 2,500-7,840 SF |
| Space Use | Office |
| Condition | Shell Space |
| Available | Now |
Three months FREE rent up front with a 5 year lease.
PROPERTY TAXES
| Parcel Number | 23-002-150-001 | Total Assessment | $551,548 CAD (2025) |
| Land Assessment | $97,466 CAD (2025) | Annual Taxes | $107,706 CAD ($2.34 CAD/SF) |
| Improvements Assessment | $454,082 CAD (2025) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
23-002-150-001
Land Assessment
$97,466 CAD (2025)
Improvements Assessment
$454,082 CAD (2025)
Total Assessment
$551,548 CAD (2025)
Annual Taxes
$107,706 CAD ($2.34 CAD/SF)
Tax Year
2023
1 of 7
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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Quakertown Interchange | 1900 AM Dr
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