Listing banner image
  • Asking Price
    $6,737,763Asking Price
  • Cap Rate
    6%Cap Rate
  • NOI
    $404,266NOI
  • WALT
    9.90 YearsWALT
  • Occupancy
    100%Occupancy
  • Traffic Count
    38256Traffic Count

Description

The Upland Strip Center, located at 210–220 Upland Square Drive in Pottstown, Pennsylvania, represents an exceptional retail investment opportunity. This 10,944-square-foot strip center is 100% occupied, offering stable in-place cash flow with a net operating income (NOI) of $404,266 and a 6% cap rate. Built primarily in 2009 and 2016, the property is in excellent condition and features a modern design that appeals to tenants and customers alike.

Situated on 2.79 acres with strong visibility and a traffic count of 38,256 vehicles per day, the center benefits from its prime location within a growing submarket. The property is well-positioned within the retail sector, presenting a stabilized investment with no immediate lease rollover risk. The robust tenancy profile ensures consistent income, with rents in line with market rates.

There are no vacancies, and the asset has proven its durability and appeal in a competitive market. At $616 per square foot, this offering aligns with institutional-grade retail investment criteria while providing a strong value proposition in a high-traffic, established location. This is a rare opportunity to acquire a fully leased, stabilized asset with immediate cash flow and long-term growth potential.

Documents

Offering Summary

  • Asking Price
    $6,737,763
  • Price PSF
    $616
  • Price/Acre
    $2,415,041
  • Property Type
    Retail
  • Size
    10,944 SF
  • Occupancy
    100%
  • Built
    Mostly 2009/2016
  • Parking
    150
  • Total Acres
    ~2.79 ac

Sale Details

  • Walt
    9.90 Years
  • Cap Rate
    6.0%
  • NOI
    $404,266
  • In-Place Cap Rate
    6.0%
  • In-Place NOI
    $404,266

Documents

Property Address

210–220 Upland Square Drive
Pottstown, PA 19464

Property Details

  • Property Type
    Retail
  • Gross Leasable Area
    10,944 SF
  • Occupancy
    100%
  • Traffic Count
    38,256 AADT
  • Year Built
    2009
  • Total Parking
    150
  • Acres
    2.79
  • Zoning
    C (Commercial)
  • Ownership Interest
    Fee Simple

Property Details

  • Property Type
    Retail
  • Gross Leasable Area
    10,944 SF
  • Occupancy
    100%
  • Traffic Count
    38,256 AADT
  • Year Built
    2009
  • Total Parking
    150
  • Acres
    2.79
  • Zoning
    C (Commercial)
  • 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

The Upland Strip Center, located at 210–220 Upland Square Drive in Pottstown, Pennsylvania, represents an exceptional retail investment opportunity. This 10,944-square-foot strip center is 100% occupied, offering stable in-place cash flow with a net operating income (NOI) of $404,266 and a 6% cap rate. Built primarily in 2009 and 2016, the property is in excellent condition and features a modern design that appeals to tenants and customers alike.

Situated on 2.79 acres with strong visibility and a traffic count of 38,256 vehicles per day, the center benefits from its prime location within a growing submarket. The property is well-positioned within the retail sector, presenting a stabilized investment with no immediate lease rollover risk. The robust tenancy profile ensures consistent income, with rents in line with market rates.

There are no vacancies, and the asset has proven its durability and appeal in a competitive market. At $616 per square foot, this offering aligns with institutional-grade retail investment criteria while providing a strong value proposition in a high-traffic, established location. This is a rare opportunity to acquire a fully leased, stabilized asset with immediate cash flow and long-term growth potential.

Documents

Offering Summary

  • Asking Price
    $6,737,763
  • Price PSF
    $616
  • Price/Acre
    $2,415,041
  • Property Type
    Retail
  • Size
    10,944 SF
  • Occupancy
    100%
  • Built
    Mostly 2009/2016
  • Parking
    150
  • Total Acres
    ~2.79 ac

Sale Details

  • Walt
    9.90 Years
  • Cap Rate
    6.0%
  • NOI
    $404,266
  • In-Place Cap Rate
    6.0%
  • In-Place NOI
    $404,266

Documents

Property Address

210–220 Upland Square Drive
Pottstown, PA 19464

Property Details

  • Property Type
    Retail
  • Gross Leasable Area
    10,944 SF
  • Occupancy
    100%
  • Traffic Count
    38,256 AADT
  • Year Built
    2009
  • Total Parking
    150
  • Acres
    2.79
  • Zoning
    C (Commercial)
  • Ownership Interest
    Fee Simple

Property Details

  • Property Type
    Retail
  • Gross Leasable Area
    10,944 SF
  • Occupancy
    100%
  • Traffic Count
    38,256 AADT
  • Year Built
    2009
  • Total Parking
    150
  • Acres
    2.79
  • Zoning
    C (Commercial)
  • 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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