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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 $1,164,297 $25.31
Other Income $5,901 $0.13
Vacancy Loss $462,022 $10.04
Effective Gross Income $708,177 $15.40
Taxes $107,645 $2.34
Operating Expenses $144,438 $3.14
Total Expenses $252,083 $5.48
Net Operating Income $456,094 $9.92

Financial Summary (Actual - 2023)

Gross Rental Income (CAD)
Annual $1,164,297
Annual Per SF $25.31
Other Income (CAD)
Annual $5,901
Annual Per SF $0.13
Vacancy Loss (CAD)
Annual $462,022
Annual Per SF $10.04
Effective Gross Income (CAD)
Annual $708,177
Annual Per SF $15.40
Taxes (CAD)
Annual $107,645
Annual Per SF $2.34
Operating Expenses (CAD)
Annual $144,438
Annual Per SF $3.14
Total Expenses (CAD)
Annual $252,083
Annual Per SF $5.48
Net Operating Income (CAD)
Annual $456,094
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
$10,419,000 CAD
Price Per SF
$226.50 CAD
Cap Rate
4.38%
NOI
$456,094 CAD
Percent Leased
65%
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
PI - 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
  • Build-Out
  • Available
  • 1st Floor
  • 2,000-8,181 SF
  • Office
  • Partial Build-Out
  • Now

Available suites range from 2,000 to 8,000 SF and can be customized to suit tenant needs. The first floor offers adjacent dock door access, making the space ideal for office users requiring light flex functionality

  • 2nd Floor
  • 3,655-7,840 SF
  • Office
  • Partial Build-Out
  • Now

Space can be subdivided into suites ranging from 2,000 SF up to 7,840 SF

Space Size Space Use Build-Out Available
1st Floor 2,000-8,181 SF Office Partial Build-Out Now
2nd Floor 3,655-7,840 SF Office Partial Build-Out Now

1st Floor

Size
2,000-8,181 SF
Space Use
Office
Build-Out
Partial Build-Out
Available
Now

2nd Floor

Size
3,655-7,840 SF
Space Use
Office
Build-Out
Partial Build-Out
Available
Now

1st Floor

Size 2,000-8,181 SF
Space Use Office
Build-Out Partial Build-Out
Available Now

Available suites range from 2,000 to 8,000 SF and can be customized to suit tenant needs. The first floor offers adjacent dock door access, making the space ideal for office users requiring light flex functionality

2nd Floor

Size 3,655-7,840 SF
Space Use Office
Build-Out Partial Build-Out
Available Now

Space can be subdivided into suites ranging from 2,000 SF up to 7,840 SF

Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100

Property Taxes

Property Taxes

Parcel Number
23-002-150-001
Land Assessment
$95,924 CAD (2025)
Improvements Assessment
$446,898 CAD (2025)
Total Assessment
$542,822 CAD (2025)
Annual Taxes
$107,645 CAD ($2.34 CAD/SF)
Tax Year
2023
  • Listing ID: 16819965

  • Date on Market: 2019-08-05

  • Last Updated:

  • Address: 1900 AM Dr, Quakertown, PA 18951

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