1841 W Lincoln Hwy - Auto Repair FOR SALE
Penndel, PA 19047 |
$1,443,000 USD
760-642-9942
1841 W Lincoln Hwy
Penndel, PA 19047
HIGHLIGHTS
- Short-Term Lease with No Options presents a value-add opportunity for an investor or owner/user.
- Annual Rent Increases – Lessor of 3% or CPI provides an effective hedge against inflation.
- Philadelphia MSA – ±235,000 population in a 5-mile radius.
- Below Market Rents – potential upside after expiration of the lease. Contact agent for more details**
- High Traffic Volume – ±27,000 vehicles per day on W Lincoln Hwy.
- Larger Parcel – ±0.79 AC allows for alternative potential uses.
FOR SALE DETAILS
PRICE
$1,443,000 USD
PRICE/SF
$160 USD /SF
CAP RATE
6.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
MAACO
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
ADD'L SUBTYPES
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1967
SPRINKLERS
-
PARKING SPACES
30
LAND DETAILS
LAND ACRES
0.78 AC
LAND SF
34,107 SF
ZONING
C
APN/PARCEL ID
22-016-126-001
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760-642-9942
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760-642-9942
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