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Three Tower Bridge

Off-Market

2 Ash Street, Conshohocken, PA 19428

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  • Property Type Office - General Office
  • Property Size 60,016 Sqft
  • Lot Size 4.08 Acre
  • Parking Spaces Avail. 300
  • Parking Ratio 5.00/ 1,000 SF
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 1997

Location

  • City Conshohocken, PA
  • Zip Code 19428
  • Market Philadelphia

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 23 Jun, 2017
  • Purchase Price $15,450,000
  • Arm's Length
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in Conshohocken

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Conshohocken Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $33.06
  • 2020 Office Vacancy Rate 9.67 %
  • 2020 Office Completions (Sqft)
View more Conshohocken market trends

Tax

  • Property Tax in 2021-2022 $265,878
  • Market Value $8,176,575
  • Assessed Value $8,176,575

Find more tax info, including assessment history and abatements, on CommercialEdge

Frequently Asked Questions

What is the total square footage of Three Tower Bridge?

Three Tower Bridge totals 60,016 square feet.

When was this property built?

Three Tower Bridge was built in 1997.

When was Three Tower Bridge last sold?

Three Tower Bridge was last sold on 23 Jun, 2017.

What was the last purchase price for Three Tower Bridge?

Three Tower Bridge was last sold for $15,450,000.

What is the property tax for Three Tower Bridge?

The property tax for Three Tower Bridge in 2021-2022 was $265,878.

What is the market value for Three Tower Bridge?

The market value for Three Tower Bridge in 2021-2022 was $8,176,575.

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