SpringHaven Square — Sale in Springfield, PA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Springfield, PA 19064
  • Year built: 1965

Photos

SpringHaven Square — Sale in Springfield, PA, photo 1 of 8
SpringHaven Square — Sale in Springfield, PA, photo 2 of 8
SpringHaven Square — Sale in Springfield, PA, photo 3 of 8
SpringHaven Square — Sale in Springfield, PA, photo 4 of 8
SpringHaven Square — Sale in Springfield, PA, photo 5 of 8
SpringHaven Square — Sale in Springfield, PA, photo 6 of 8
SpringHaven Square — Sale in Springfield, PA, photo 7 of 8
SpringHaven Square — Sale in Springfield, PA, photo 8 of 8

Investment Figures

Cap rate
7.04%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present a rare opportunity to acquire a 100%-occupied, 13,048-square-foot investment property positioned along Springfield’s highly trafficked Baltimore Pike retail corridor. The property offers approximately seven years of weighted average lease term, anchor tenancy through January 2035, contractual rent growth and stable day-one cash flow. Approximately 37,000 vehicles pass the property daily, providing exceptional visibility and accessibility. Recent improvements—including a complete roof replacement in 2024 and HVAC upgrades in 2023 and 2025—further reduce near-term capital exposure. The combination of durable tenancy, growing income, recent capital investment and an irreplaceable corridor location makes this an attractive stabilized acquisition. Investment Highlights: • 100% Occupied medical, beauty spa, and education investment. • Roof completely replaced in 2024. Lower-floor HVAC systems replaced in 2023. Upper-floor HVAC systems replaced by the tenant in 2025. Parking lot seal-coated in 2025. • Highly trafficked corridor, corporate backed retailers surrounding the property. Approximately 37,000 vehicles per day. • Prominent frontage and visibility along Baltimore Pike. Convenient access to I-476, I-95 and major Delaware County thoroughfares. • Largest tenant (beauty spa) occupies approximately 70% of the building, with their lease ending in 2035. Education tenant has 359 locations across the United States.

Market Context

This office in Springfield, PA is listed for sale. It is offered at an approximate 7.0% capitalization rate, a key benchmark for income-producing office assets. The building dates to 1965. Compare it against other office listings for sale in Springfield, PA — view the full market.

Contact

Explore this market

Similar Office for Sale in Pennsylvania