662 Penn St
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662 Penn St
107,711 SF 100% Leased 4-Star Office Building Newtown, PA 18940 $28,348,401 CAD ($263 CAD/SF)
Executive Summary
The building improvements consist of an 88,746 +/- square foot free-standing two and part three-level office building constructed in 2004 for owner occupancy by Law School Admissions Counsel. The main entrance is located above grade along the south elevation and is accessed by exterior stairs and an ADA-compliant concrete ramp. Additional employee and maintenance entrances are located along the north, east and western elevations of the building.
The main entrance leads to a reception area and a two-story atrium in the middle of the building. The second floor is accessed primarily by an atrium staircase and an adjacent passenger elevator that also services the lower level. The first floor contains private offices, open general office areas with cubicles, a 100+ seat lunch room with an outdoor terrace, a mail/copy room, a computer server room, two multiple-piece lavatories and a receiving area with two tailgate loading doors. The second floor has a traditional office layout with lavatories, small break rooms and file/copy rooms in the center core, general offices and smaller private offices adjacent to the core, and private offices and conference rooms along the perimeter. Four first and second-floor offices (two per floor) along the eastern elevation have private balconies. The lower level of the building contains a 54 car subterranean parking garage, a newly finished area with a fitness room, break room, training room, and two lavatories. Also, there are two climate-controlled (basement) storage areas on the lower level which are not included in the building area calculations.
Two interior fire tower staircases provide emergency ingress and egress to the building.
The main entrance leads to a reception area and a two-story atrium in the middle of the building. The second floor is accessed primarily by an atrium staircase and an adjacent passenger elevator that also services the lower level. The first floor contains private offices, open general office areas with cubicles, a 100+ seat lunch room with an outdoor terrace, a mail/copy room, a computer server room, two multiple-piece lavatories and a receiving area with two tailgate loading doors. The second floor has a traditional office layout with lavatories, small break rooms and file/copy rooms in the center core, general offices and smaller private offices adjacent to the core, and private offices and conference rooms along the perimeter. Four first and second-floor offices (two per floor) along the eastern elevation have private balconies. The lower level of the building contains a 54 car subterranean parking garage, a newly finished area with a fitness room, break room, training room, and two lavatories. Also, there are two climate-controlled (basement) storage areas on the lower level which are not included in the building area calculations.
Two interior fire tower staircases provide emergency ingress and egress to the building.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
107,711 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2004
Price
$28,348,401 CAD
Price Per SF
$263 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
44,373 SF
Slab To Slab
9’
Building FAR
0.35
Land Acres
7.09 AC
Zoning
L1
Parking
265 Spaces (2.99 Spaces per 1,000 SF Leased)
Amenities
- Atrium
- Courtyard
- Fitness Center
- Outdoor Seating
- Air Conditioning
PROPERTY TAXES
Parcel Number | 29-010-033 | Improvements Assessment | $1,479,423 CAD |
Land Assessment | $173,636 CAD | Total Assessment | $1,653,059 CAD |
PROPERTY TAXES
Parcel Number
29-010-033
Land Assessment
$173,636 CAD
Improvements Assessment
$1,479,423 CAD
Total Assessment
$1,653,059 CAD
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662 Penn St
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