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
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...

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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