Listing banner image
  • Asking Price
    $3,696,000Asking Price
  • Cap Rate
    7.50%Cap Rate
  • Occupancy
    100%Occupancy
  • WALT
    5.20 YearsWALT
  • Property Type
    RetailProperty Type
  • Traffic Count
    209131Traffic Count

Description

This offering presents a single-tenant retail property leased to FedEx Office, strategically located at 461 W Germantown Pike in Plymouth Meeting, PA. The asset features 5,040 square feet of gross leasable area on 0.41 acres, with 100% occupancy and a triple-net lease structure in place. The property benefits from high visibility along a major thoroughfare with a traffic count exceeding 209,000 vehicles daily, further enhancing its position within this established retail corridor. Investment metrics include a 7.50% cap rate, supported by an in-place net operating income (NOI) of...

Documents

Offering Summary

  • Asking Price
    $3,696,000
  • Price PSF
    $733
  • Property Type
    Retail
  • Size
    5,040 SF
  • Available
    5,040 SF
  • Occupancy
    100%
  • Total Acres
    ~0.41 ac

Sale Details

  • Walt
    5.20 Years
  • Cap Rate
    7.50%
  • NOI
    $277,200
  • In-Place Cap Rate
    7.50%
  • In-Place NOI
    $277,200

Documents

Property Address

461 W Germantown Pike
Plymouth Meting, PA 19462

Property Details

  • Property Type
    Retail
  • Gross Leasable Area
    5,040 SF
  • Available GLA
    5,040 SF
  • Occupancy
    100%
  • Traffic Count
    209,131 AADT
  • Acres
    0.41
  • Ownership Interest
    Fee Simple

Property Details

  • Property Type
    Retail
  • Gross Leasable Area
    5,040 SF
  • Available GLA
    5,040 SF
  • Occupancy
    100%
  • Traffic Count
    209,131 AADT
  • Acres
    0.41
  • Ownership Interest
    Fee Simple

Deal Team

Derrick Dougherty profile image
Derrick Dougherty
Senior Managing Director Investments Senior Managing Director Investments
Marcus & Millichap
PA RE Lic. RS305854
Scott Woodard profile image
Scott Woodard
Senior Director Investments Senior Director Investments
Marcus & Millichap
PA RE Lic. RS329242

Description

This offering presents a single-tenant retail property leased to FedEx Office, strategically located at 461 W Germantown Pike in Plymouth Meeting, PA. The asset features 5,040 square feet of gross leasable area on 0.41 acres, with 100% occupancy and a triple-net lease structure in place. The property benefits from high visibility along a major thoroughfare with a traffic count exceeding 209,000 vehicles daily, further enhancing its position within this established retail corridor. Investment metrics include a 7.50% cap rate, supported by an in-place net operating income (NOI) of...

Documents

Offering Summary

  • Asking Price
    $3,696,000
  • Price PSF
    $733
  • Property Type
    Retail
  • Size
    5,040 SF
  • Available
    5,040 SF
  • Occupancy
    100%
  • Total Acres
    ~0.41 ac

Sale Details

  • Walt
    5.20 Years
  • Cap Rate
    7.50%
  • NOI
    $277,200
  • In-Place Cap Rate
    7.50%
  • In-Place NOI
    $277,200

Documents

Property Address

461 W Germantown Pike
Plymouth Meting, PA 19462

Property Details

  • Property Type
    Retail
  • Gross Leasable Area
    5,040 SF
  • Available GLA
    5,040 SF
  • Occupancy
    100%
  • Traffic Count
    209,131 AADT
  • Acres
    0.41
  • Ownership Interest
    Fee Simple

Property Details

  • Property Type
    Retail
  • Gross Leasable Area
    5,040 SF
  • Available GLA
    5,040 SF
  • Occupancy
    100%
  • Traffic Count
    209,131 AADT
  • Acres
    0.41
  • Ownership Interest
    Fee Simple

Deal Team

Derrick Dougherty profile image
Derrick Dougherty
Senior Managing Director Investments Senior Managing Director Investments
Marcus & Millichap
PA RE Lic. RS305854
Scott Woodard profile image
Scott Woodard
Senior Director Investments Senior Director Investments
Marcus & Millichap
PA RE Lic. RS329242
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