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Quakertown Interchange 1900 AM Dr 46,000 SF 71% Leased Office Building Quakertown, PA 18951 $10,233,075 CAD ($222.46 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 |
$1,143,520
|
$24.86
|
| Other Income |
$5,796
|
$0.13
|
| Vacancy Loss |
$453,777
|
$9.86
|
| Effective Gross Income |
$695,539
|
$15.12
|
| Taxes |
$105,724
|
$2.30
|
| Operating Expenses |
$141,860
|
$3.08
|
| Total Expenses |
$247,584
|
$5.38
|
| Net Operating Income |
$447,955
|
$9.74
|
Financial Summary (Actual - 2023)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $1,143,520 |
| Annual Per SF | $24.86 |
| Other Income (CAD) | |
|---|---|
| Annual | $5,796 |
| Annual Per SF | $0.13 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $453,777 |
| Annual Per SF | $9.86 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $695,539 |
| Annual Per SF | $15.12 |
| Taxes (CAD) | |
|---|---|
| Annual | $105,724 |
| Annual Per SF | $2.30 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $141,860 |
| Annual Per SF | $3.08 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $247,584 |
| Annual Per SF | $5.38 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $447,955 |
| Annual Per SF | $9.74 |
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
46,000 SF
Building Class
B
Year Built
1983
Price
$10,233,075 CAD
Price Per SF
$222.46 CAD
Cap Rate
4.38%
NOI
$447,955 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 | $541,398 CAD (2025) |
| Land Assessment | $95,672 CAD (2025) | Annual Taxes | $105,724 CAD ($2.30 CAD/SF) |
| Improvements Assessment | $445,725 CAD (2025) | Tax Year | 2023 |
Property Taxes
Parcel Number
23-002-150-001
Land Assessment
$95,672 CAD (2025)
Improvements Assessment
$445,725 CAD (2025)
Total Assessment
$541,398 CAD (2025)
Annual Taxes
$105,724 CAD ($2.30 CAD/SF)
Tax Year
2023
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Quakertown Interchange | 1900 AM Dr
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