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...

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

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