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
PA RE Lic. RS305854
Scott Woodard profile image
Scott Woodard
Senior Director Investments Senior Director Investments
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
PA RE Lic. RS305854
Scott Woodard profile image
Scott Woodard
Senior Director Investments Senior Director Investments
PA RE Lic. RS329242
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