CLASS A PROFESSIONAL OFFICE SPACE 3 FRIENDS LANE NEWTOWN, PA 18940 Chichi E. Ahia Executive Director/ Principal 215.757.2500 x101 chichi.ahia@svn.com SVN AHIA COMMERCIAL REAL ESTATE 2050 CABOT BLVD. W, SUITE 102, LANGHORNE, PA 19047 LEASE OFFERING MEMORANDUM
PROPERTY INFORMATION 3 Property Summary Complete Highlights Floor Plan Additional Photos LOCATION INFORMATION 8 Regional Map Location Maps Aerial Map DEMOGRAPHICS 12 Demographics Map CLASS A PROFESSIONAL OFFICE SPACE 3 FRIENDS LANE, NEWTOWN, PA 18940 OFFERING MEMORANDUM
1 PROPERTY INFORMATION 3 Friends Lane Newtown, PA 18940 CLASS A PROFESSIONAL OFFICE SPACE 3 FRIENDS LANE NEWTOWN, PA 18940 SVN Ahia Commercial Real Estate Page 3
Property Summary OFFERING SUMMARY Available SF: Lease Rate: Lot Size: 6,500 SF Negotiable 3.01 Acres PROPERTY OVERVIEW 6,500 square feet of Class "A" office space with modern finishes. Large open loft-style space with exposed rafters and 360 natural light. Separate conference room. Elevator opens to foyer finished with carpeting, glass walls and doors. Open kitchenette space ith counter. Separate offices and ample storage. LOCATION OVERVIEW Year Built: 1988 Building Size: 20,000 SF Located at the corner of Friends Lane and Newtown-Yardley Road in Newtown, Bucks County, PA. 2 miles west of I-95 and at the gateway of Newtown Industrial Commons. Renovated: 2017 Zoning: Market: Submarket: OL-I Philadelphia Lower Bucks County Traffic Count: 14,712 CLASS A PROFESSIONAL OFFICE SPACE 3 FRIENDS LANE NEWTOWN, PA 18940 SVN Ahia Commercial Real Estate Page 4
Complete Highlights LEASE HIGHLIGHTS Class "A" Office Space 6,665 Square Feet Corner Location / Signalized Intersection Loft-Style Open Concept Floor Plan Modern Finishes 5 Private Offices 2 Conference Rooms Open Kitchenette Elevator Access Ample 5:1000 Parking Ratio CLASS A PROFESSIONAL OFFICE SPACE 3 FRIENDS LANE NEWTOWN, PA 18940 SVN Ahia Commercial Real Estate Page 5
Floor Plan CLASS A PROFESSIONAL OFFICE SPACE 3 FRIENDS LANE NEWTOWN, PA 18940 SVN Ahia Commercial Real Estate Page 6
Additional Photos CLASS A PROFESSIONAL OFFICE SPACE 3 FRIENDS LANE NEWTOWN, PA 18940 SVN Ahia Commercial Real Estate Page 7
2 LOCATION INFORMATION 3 Friends Lane Newtown, PA 18940 CLASS A PROFESSIONAL OFFICE SPACE 3 FRIENDS LANE NEWTOWN, PA 18940 SVN Ahia Commercial Real Estate Page 8
Regional Map CLASS A PROFESSIONAL OFFICE SPACE 3 FRIENDS LANE NEWTOWN, PA 18940 SVN Ahia Commercial Real Estate Page 9
Location Maps CLASS A PROFESSIONAL OFFICE SPACE 3 FRIENDS LANE NEWTOWN, PA 18940 SVN Ahia Commercial Real Estate Page 10
Aerial Map CLASS A PROFESSIONAL OFFICE SPACE 3 FRIENDS LANE NEWTOWN, PA 18940 SVN Ahia Commercial Real Estate Page 11
3 DEMOGRAPHICS 3 Friends Lane Newtown, PA 18940 CLASS A PROFESSIONAL OFFICE SPACE 3 FRIENDS LANE NEWTOWN, PA 18940 SVN Ahia Commercial Real Estate Page 12
Demographics Map POPULATION 1 MILE 5 MILES 10 MILES 1,235 29,823 139,015 Median age 47.5 46.9 43.8 Median age (Male) 48.0 47.3 43.3 Median age (Female) 47.0 46.9 44.3 1 MILE 5 MILES 10 MILES 509 12,527 50,839 # of persons per HH 2.4 2.4 2.7 Average HH income $170,908 $146,975 $141,486 Average house value $587,830 $591,095 $546,417 Total population HOUSEHOLDS & INCOME Total households * Demographic data derived from 2010 US Census CLASS A PROFESSIONAL OFFICE SPACE 3 FRIENDS LANE NEWTOWN, PA 18940 SVN Ahia Commercial Real Estate Page 13
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