2490 Boulevard Of The Generals
$3,200,000
2490 Boulevard Of The Generals, Audubon, PA 19403
8.41
Cap Rate
269,224
NOI
Details:
Highlights:
- Days on Market: 71
- Heating: Heat Pump(s)
Description:
DO NOT REACH OUT TO MARK GOLA. Reach out to Brian Gola at 484-881-1783 or bgola@gola.com Gola Real Estate Investment Services is pleased to present an exceptional opportunity to purchase 2490 Boulevard of the Generals, Norristown, PA. The 2-story office building is 100% occupied by 5 tenants totaling 20,754 Square Feet.
Option for User Buyers. There is an option where the Sellers are able to deliver a 7,951 SF space vacant if the Buyer wants to occupy the building themselves. The building has a historically strong occupancy with 3 of the 5 tenants being here 15+ years. Located in the Limited Commercial & Industrial District allows for a diverse range of uses such as traditional office, medical office, or light industrial uses.
Total Gross income of $468,819 with 2024 Operating Expenses of $199,595. Net Operating Income of $269,224 which is an 8.41% cap rate at Ask Price
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