facebook
Traded Co logo
Submit
Daily limit: 0/10

Seyon Group Acquires Three Mixed-Use Buildings In King Of Prussia For $17.5M From MLP Ventures

Property Image
SOLD
$17,500,000

Pennsylvania

See Similar Deals
Mixed-use100,456 SF
Sold 11/30/2025
the dealdetailscomps
Property Image
SOLD

Seyon Group Acquires Three Mixed-Use Buildings In King Of Prussia For $17.5M From MLP Ventures

3100 Horizon Drive

See Similar Deals
Mixed-use100,456 SF
Sold 11/30/2025

Summary

PENNSYLVANIA
Asset Type:Mixed-use
Price Per Square Foot:$174
Total Square Footage:100,456 SF
Transaction Type:Sale

Three mixed-use buildings located at 3600, 3602 & 3100 Horizon Drive in King of Prussia, PA, have been sold for $17,500,000. The properties total 100,456 square feet, resulting in a price per square foot of approximately $174. The sale includes the King of Prussia location of Conshohocken Brewing Co. and is part of Seyon Group's expansion in the Philadelphia area.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $17,500,000
  • Buyer: Seyon Group
  • Seller: MLP Ventures
  • Square Feet: 100,456
  • Price Per Square Foot: $174

Seyon Group acquired the properties from MLP Ventures, enhancing their existing portfolio of 18 properties totaling over 1 million square feet in the Philadelphia area. The deal involves significant vacancies in the acquired buildings.

Players

BUYER

Details

SOLD
IMAGE: 11/30/2025 ADDRESS: 3600, 3602 & 3100 Horizon Drive MARKET: King of Prussia, PA ASSET TYPE: Mixed-use BUYER: Seyon Group SELLER: MLP Ventures SALE PRICE: $17,500,000 SF: 100,456 ~ PPSF: $174 NOTE: Seyon Group acquired three Renaissance Park buildings totaling 100,000 square feet from MLP Ventures for $17.5 million, including Conshohocken Brewing Co.’s King of Prussia location. The properties sold at roughly $175 per square foot and have significant vacancies, adding to Seyon’s 18-property, 1M+ square-foot Philadelphia-area portfolio.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$933,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$62,173.82
Cash-on-Cash Return-1.27%
Monthly Debt Service$82,958.93
Annual Debt Service$995,507.14