Contact Property

840 1st Avenue

Off-Market

840 1st Avenue, King Of Prussia, PA 19406

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - General Office
  • Property Size 28,497 Sqft
  • Lot Size 3 Acre
  • Parking Spaces Avail. 82
  • Parking Ratio 2.90/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1968

Location

  • City King Of Prussia, PA
  • Neighborhood Cannon Run
  • Zip Code 19406
  • Market Philadelphia

Contacts

Find property contacts with verified and updated contact information on CommercialEdge: owners, building management, representatives from permits and tenants.

Owner

  • True Owner
  • Registered Owner

Brokers

Do you represent this property? Claim it!

List your spaces with ease and generate only verified leads with CommercialEdge Marketing.

Add listing for free

Documents

Access researched data with nationwide coverage on CommercialEdge: sales, mortgages, financials, title documents and more.

Sales

  • Purchase Date 13 Apr, 2020
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date

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
Unlock on CommercialEdge
Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
Unlock on CommercialEdge

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 $36,661
  • Market Value $1,329,660
  • Assessed Value $1,329,660

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

Frequently Asked Questions

What is the total square footage of 840 1st Avenue?

840 1st Avenue totals 28,497 square feet.

When was this property built?

840 1st Avenue was built in 1968.

When was 840 1st Avenue last sold?

840 1st Avenue was last sold on 13 Apr, 2020.

What is the property tax for 840 1st Avenue?

The property tax for 840 1st Avenue in 2021-2022 was $36,661.

What is the market value for 840 1st Avenue?

The market value for 840 1st Avenue in 2021-2022 was $1,329,660.

Looking for more in-depth information on this property?

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