14 Chrisevyn Lane, Phoenixville, PA 19460
Price
$1,775,000
NOI
$135,492
Cap Rate
7.63%
Building Size
12,410 SF
Lot Size
1.41 Acres
14 Chrisevyn Lane is a ±12,410 square foot multi-tenant flex (office/industrial) property located in the Phoenixville submarket of Chester County, Pennsylvania. Situated on 1.41 acres within an established light industrial park, the asset offers a functional mix of office, warehouse, and storage space across three units. Constructed in approximately 2007, the property benefits from relatively modern construction and design, helping to minimize near-term capital requirements compared to older competing assets. The building is fully leased to multiple tenants, providing stable in place cash flow while also offering future value-add potential through upcoming lease expirations. As leases roll, investors may have the opportunity to increase rental rates to market levels, improve expense recoveries, and enhance overall asset performance.
The property is strategically positioned just off Route 23 with convenient access to Route 113 and the greater Philadelphia region, offering strong connectivity for both tenants and employees. Additionally, Light Industrial (LI) zoning allows for a wide range of uses, including office, light manufacturing, and warehousing, supporting long-term leasing flexibility.
Notably, the offering also includes ownership of the private road, Chrisevyn Lane, which provides controlled access to the industrial park and generates income through fee collection from the six surrounding parcels that utilize the lane.
14 Chrisevyn Lane represents an opportunity to acquire a multi-tenant flex asset in a desirable suburban submarket, offering durable income, embedded value-add potential through near-term lease rollover, and the flexibility for a future owner-user to occupy a portion or all of the premises.
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