2 E Street Rd - Drug Store FOR SALE


Feasterville Trevose, PA 19053
$5,988,235 USD
704-697-1900
2 E Street Rd, Feasterville Trevose, PA for Sale
$5,988,235 USD
Drug Store - FOR SALE
1/10
null | 8.5% Cap Rate

2 E Street Rd
Feasterville Trevose, PA 19053


OVERVIEW

Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of Walgreens located at 2 E Street Road in Feasterville, PA. The offering is 14,820 SF and sits at a highly visible, signalized, corner location. The property is also adjacent to Buck’s Crossing, a retail neighborhood center anchored by Acme, Staples, Petco, Burlington, Dollar Tree, Five Below, and many other high-quality tenants. The property sits at the signalized crossroads of E Street Road and Bustleton Pike which sees 40,886 VPD and 31,276 VPD, respectively. The subject property is located in the main retail node of Feasterville, with HH incomes of $125,000+, and major grocers such as ACME Markets, Giant, and Bell’s Market. Walgreens pays $509,000 in annual rent and has occupied the site since it was built in 2005.

FOR SALE DETAILS

PRICE

$5,988,235 USD

PRICE/SF

$404 USD /SF

CAP RATE

8.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

1.69 AC

LAND SF

73,717 SF

ZONING

21C

APN/PARCEL ID

21-007-187

ASK ABOUT THIS PROPERTY

David HoppeAtlantic Capital PartnersMore Info
704-697-1900

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David HoppeAtlantic Capital PartnersMore Info
704-697-1900

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.