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Shopping Strip

Wells Fargo & Verizon

3515 West Chester Pike, Newtown Square, PA 19073

Listing Price: $7,370,000

Cap Rate
5.50%
Gross SF
13,400
Rentable SF
13,400
Price/Gross SF
$550.00
Lot Size
1.78 acres
Year Built
1960

Investment Overview

Located about 15 Miles west of Center City Philadelphia and is regarded as one of the wealthiest neighborhoods in Delaware County ($150K AHHI +/-). Between the Ellis Preserve & Ventry both located in Newtown Square along West Chester Pike – 850+ new single family, carriage, townhomes, and apartment units being developed ($500K - $1M price range). Strategically located with close to 35,000 vehicles passing this site daily. This is the main retail corridor connecting Philadelphia to West Chester, PA.

Investment Highlights

  • Wells Fargo (A+ -- S&P) is corporately guaranteed with 4,700 bank locations. Verizon (BBB+ -- S&P) lease is guaranteed by Cellular Sales (800+ Units).
  • Wells Fargo has been located at this location for over 35 Years established roots within the submarket of a very mature client base.
  • Opportunity to acquire 13,400 SF of retail sitting on 1.78 acres at a traffic light along West Chester Pike in the prestigious submarket of Newtown Square, PA.

Exclusively Listed By

Financing By

Shopping Strip

Wells Fargo & Verizon

Listing Price: $7,370,000

Cap Rate
5.50%
Gross SF
13,400
Rentable SF
13,400
Price/Gross SF
$550.00
Lot Size
1.78 acres
Year Built
1960

Investment Highlights

  • Wells Fargo (A+ -- S&P) is corporately guaranteed with 4,700 bank locations. Verizon (BBB+ -- S&P) lease is guaranteed by Cellular Sales (800+ Units).
  • Wells Fargo has been located at this location for over 35 Years established roots within the submarket of a very mature client base.
  • Opportunity to acquire 13,400 SF of retail sitting on 1.78 acres at a traffic light along West Chester Pike in the prestigious submarket of Newtown Square, PA.

Investment Overview

Located about 15 Miles west of Center City Philadelphia and is regarded as one of the wealthiest neighborhoods in Delaware County ($150K AHHI +/-). Between the Ellis Preserve & Ventry both located in Newtown Square along West Chester Pike – 850+ new single family, carriage, townhomes, and apartment units being developed ($500K - $1M price range). Strategically located with close to 35,000 vehicles passing this site daily. This is the main retail corridor connecting Philadelphia to West Chester, PA.

Exclusively Listed By

Financing By

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