FedEx Office

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 $277,200 annually.

The property is offered at $733 per square foot, totaling $3,696,000, providing stable, predictable cash flow from a nationally recognized tenant. This retail asset offers institutional investors a secure income stream with no immediate lease rollover risk, while its location in the vibrant Plymouth Meeting submarket ensures long-term tenant demand. The property is well-positioned to capitalize on market fundamentals, with potential upside through future appreciation or lease renewal negotiations.