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741, 780 & 820 Third Avenue

Off-Market

741 3rd Avenue, King Of Prussia, PA 19406

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 178,600 Sqft
  • Lot Size 13.68 Acre
  • Parking Spaces Avail. 107
  • Parking Ratio 0.60/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1962

Location

  • City King of Prussia, PA
  • Neighborhood Cannon Run
  • Zip Code 19406
  • 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 25 Jun, 2019
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in King of Prussia

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 King of Prussia Office Market

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

  • 2020 Avg. Asking Rent $33.61
  • 2020 Office Vacancy Rate 23.58 %
  • 2020 Office Completions (Sqft)
View more King of Prussia market trends

Tax

  • Property Tax in 2021-2022 $159,827
  • Market Value $5,796,700
  • Assessed Value $5,796,700

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

Frequently Asked Questions

What is the total square footage of 741, 780 & 820 Third Avenue?

741, 780 & 820 Third Avenue totals 178,600 square feet.

When was this property built?

741, 780 & 820 Third Avenue was built in 1962.

When was 741, 780 & 820 Third Avenue last sold?

741, 780 & 820 Third Avenue was last sold on 25 Jun, 2019.

What is the property tax for 741, 780 & 820 Third Avenue?

The property tax for 741, 780 & 820 Third Avenue in 2021-2022 was $159,827.

What is the market value for 741, 780 & 820 Third Avenue?

The market value for 741, 780 & 820 Third Avenue in 2021-2022 was $5,796,700.

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Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.