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    711 Hollow Road

    PHOENIXVILLE, PA 19460
    • $5,800,000
    • STATUS: Active
    • ON SITE: 50 days
    • ID#: PAMC2006624
    UPDATED: 23 min ago
    $5,800,000
    • 0
      BEDS
    • 4.43
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    2002
    County:

    School Ratings & Info

    School District:

    Description

    is proud to present an ideal owner/user opportunity just outside the Borough of Phoenixville, PA. This 117,950 square foot specialty building was built in 2007 and sits on a 4.43-acre lot. Previously used as a location for Chesterbrook Academy, the building layout currently consists of approximately 14 classrooms, a gymnasium, and a commercial kitchen. The outdoor area has a soccer field, a basketball court, and a gymnasium play area. This property is an ideal fit for educational or medical users. Directly adjacent to the property a new 49 home community is being built by DR Hortons and scheduled for completion in 2021. - Located at the corner of Hollow Road and Egypt Road, this property has outstanding exposure and is surrounded by many residential communities. Route 422 is located less than five miles from the building providing easy access to The PA Turnpike, Route 202, and Interstate i76. - Phoenixville, PA is an affluent suburb of Philadelphia, with over $150,000 in average household income within a one-mile radius. Egypt Road experiences average daily traffic counts exceeding 19,000 vehicles per day. There are more than 18,000 individuals residing within a three-mile radius of the property and more than 49,000 individuals within a five-mile radius, with an expected growth rate of 5.85%. - The is approximately 3.5 miles from the University of Valley Forge, which boasts a total student enrollment exceeding 1,200 and offers 50 + undergraduate programs and seven graduate programs. The 144-bed Phoenix Hospital Tower Health lies approximately two miles east of the subject property and features an award-winning cardiovascular program, a fully accredited cancer center, and the area's largest Robotic Surgery Center. - 15 Minutes to King of Prussia 40 Minutes to Philadelphia - Chesterbrook Academy has an existing lease on the property that has since gone dark. The current lease term expires on August 1st, 2022. The property is currently move-in ready and is regularly maintained per the terms of the lease. The building is equipped with sprinklers, central fire alarms, and a security system adding additional peace of mind and safety. - Chesterbrook Academy is subject to an Absolute NNN lease, with a current NOI of $491,591.54.

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    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lux Living Group | Keller Williams Main Line. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-09-22T07:54:22.75.
    www.luxlivinggroup.com/homes/119968946
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    711 Hollow Road PHOENIXVILLE, PA 19460

    • Price: $5,800,000
    • Status: Active
    • Updated: 23 min ago
    • ID#: PAMC2006624
    0
    Beds
    0
    Baths
    0
    ½ Baths
    4.43
    Acres
    2002
    Built
    Neighborhood:
    Upper Providence Twp (10661)
    County:
    Montgomery
    Area:
    Upper Providence Twp (10661)
    School District:
    Upper Perkiomen
    Property Description
    is proud to present an ideal owner/user opportunity just outside the Borough of Phoenixville, PA. This 117,950 square foot specialty building was built in 2007 and sits on a 4.43-acre lot. Previously used as a location for Chesterbrook Academy, the building layout currently consists of approximately 14 classrooms, a gymnasium, and a commercial kitchen. The outdoor area has a soccer field, a basketball court, and a gymnasium play area. This property is an ideal fit for educational or medical users. Directly adjacent to the property a new 49 home community is being built by DR Hortons and scheduled for completion in 2021. - Located at the corner of Hollow Road and Egypt Road, this property has outstanding exposure and is surrounded by many residential communities. Route 422 is located less than five miles from the building providing easy access to The PA Turnpike, Route 202, and Interstate i76. - Phoenixville, PA is an affluent suburb of Philadelphia, with over $150,000 in average household income within a one-mile radius. Egypt Road experiences average daily traffic counts exceeding 19,000 vehicles per day. There are more than 18,000 individuals residing within a three-mile radius of the property and more than 49,000 individuals within a five-mile radius, with an expected growth rate of 5.85%. - The is approximately 3.5 miles from the University of Valley Forge, which boasts a total student enrollment exceeding 1,200 and offers 50 + undergraduate programs and seven graduate programs. The 144-bed Phoenix Hospital Tower Health lies approximately two miles east of the subject property and features an award-winning cardiovascular program, a fully accredited cancer center, and the area's largest Robotic Surgery Center. - 15 Minutes to King of Prussia 40 Minutes to Philadelphia - Chesterbrook Academy has an existing lease on the property that has since gone dark. The current lease term expires on August 1st, 2022. The property is currently move-in ready and is regularly maintained per the terms of the lease. The building is equipped with sprinklers, central fire alarms, and a security system adding additional peace of mind and safety. - Chesterbrook Academy is subject to an Absolute NNN lease, with a current NOI of $491,591.54.
    Exterior Features

    Construction Materials ConcreteMixed PlumbingMixed Garage YN No Lot Features Rear YardCorner Parking Types Parking Lot Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Building Area Total 17950.00 Cooling Central A/C Heating Forced Air Heating YN Yes Net Square Feet 17950.00 Security Features 24 Hour SecurityDesk in LobbyElectric AlarmFire Detection SystemMain Entrance LockSecurity SystemSmoke DetectorSprinkler System - Indoor

    Property Features

    Accessibility Features 32"+ Wide Doors48"+ HallsAccessible Switches/OutletsChairliftDoors - Lever Handle(S)Doors - Swing InEntry Slope <1'Grab Bars ModLevel Entry - MainLow Bathroom MirrorsMobility ImprovementsOther Bath ModRamp - Main LevelWheelchair Mod Assessment Year 2021 Association YN No Business Type Day Care FacilityFlexGarden CenterMedicalProfessionalRecreationReligious FacilitySchoolVet/KennelOther Central Air YN Yes Cooling Fuel Electric Heating Fuel Natural Gas Hot Water Natural Gas Lease Considered YN Yes Municipality Upper Providence Twp Navigable Water YN N New Construction YN No Number Of Units Total 0 Original MLSNumber 800917292240 Ownership Interest Fee Simple Possession Negotiable Property Sub Type Special Purpose Sale Type Standard Sewer Public Sewer Tax Annual Amount 52285.00 Tax Assessment Amount 1564990.00 Tax Lot 010 Vacation Rental YN No Water Source Public Zoning M-1 Office / Limited Indu Zoning Description M-1 Office / Limited Industrial District

    Listing courtesy of Keller Williams Philly.


    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lux Living Group | Keller Williams Main Line. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-09-22T07:54:22.75.
     
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