Shopping Strip
Caliber Collision Anchored Center | 17,416-SF Caliber Collision and Restaurant | Philadelphia MSA
332 S York Rd, Hatboro, PA 19040
Listing Price: $3,227,000
Cap Rate
7.75%
Gross SF
17,416
Rentable SF
17,416
Price/Gross SF
$185.29
Lot Size
1.17 acres
Year Built
1950
Investment Overview
Marcus & Millichap is pleased to present the offering for a Caliber Collision-Anchored Center in Hatboro, PA.
Caliber Collision Anchored Center | 17,416-SF Caliber Collision and Restaurant | Philadelphia MSA
Investment Highlights
- 17,416 Square Foot Multi-Tenant Center Occupied by a Local Restaurant and Corporate Caliber Collision on a +/-1.17-Acre Lot
- Caliber has Seven Years Remaining on a Triple-Net Lease with No Landlord Responsibilities | Restaurant Tenant Operates under a Double-Net Lease with Minimal Landlord Responsibilities
- Caliber Lease Features a 10% Rental Increases Every 5 Years Throughout the Primary Term and Each of Two, 5-Year Option Periods | Restaurant Tenant Has 2 Years Remaining With 3% Annual Rental Increases
- Located in Downtown Hatboro, a Borough in Montgomery County, PA and Apart of the Philadelphia–Camden–Wilmington MSA
- Situated Along York Road, a Major Thoroughfare Of Hatboro, Running South into Downtown Philadelphia Seeing 17,000 Vehicles per Day
- Easy Access to Interstate 276 / Pennsylvania Turnpike, a Major Toll Road Connecting Pittsburgh to Philadelphia, Seeing 94,800 Vehicles per Day
- 25 Miles From Downtown Philadelphia, the Most Populous City in Pennsylvania and the Sixth Most Populous in the US. The Philadelphia Metro Area Has a Population Of Over 6.3 Million
- Nearby Tenants Include Dollar General, Wawa, Home Depot, McDonald's, Giant, Staples, FedEx, Dunkin', Fresenius and Many More.
Broker of Record
-
Timothy B. Stephenson Jr.
Managing Director, Market Leader - Philadelphia
Financing By
Shopping Strip
Caliber Collision Anchored Center | 17,416-SF Caliber Collision and Restaurant | Philadelphia MSA
Listing Price: $3,227,000
Cap Rate
7.75%
Gross SF
17,416
Rentable SF
17,416
Price/Gross SF
$185.29
Lot Size
1.17 acres
Year Built
1950
Investment Highlights
- 17,416 Square Foot Multi-Tenant Center Occupied by a Local Restaurant and Corporate Caliber Collision on a +/-1.17-Acre Lot
- Caliber has Seven Years Remaining on a Triple-Net Lease with No Landlord Responsibilities | Restaurant Tenant Operates under a Double-Net Lease with Minimal Landlord Responsibilities
- Caliber Lease Features a 10% Rental Increases Every 5 Years Throughout the Primary Term and Each of Two, 5-Year Option Periods | Restaurant Tenant Has 2 Years Remaining With 3% Annual Rental Increases
- Located in Downtown Hatboro, a Borough in Montgomery County, PA and Apart of the Philadelphia–Camden–Wilmington MSA
- Situated Along York Road, a Major Thoroughfare Of Hatboro, Running South into Downtown Philadelphia Seeing 17,000 Vehicles per Day
- Easy Access to Interstate 276 / Pennsylvania Turnpike, a Major Toll Road Connecting Pittsburgh to Philadelphia, Seeing 94,800 Vehicles per Day
- 25 Miles From Downtown Philadelphia, the Most Populous City in Pennsylvania and the Sixth Most Populous in the US. The Philadelphia Metro Area Has a Population Of Over 6.3 Million
- Nearby Tenants Include Dollar General, Wawa, Home Depot, McDonald's, Giant, Staples, FedEx, Dunkin', Fresenius and Many More.
Investment Overview
Marcus & Millichap is pleased to present the offering for a Caliber Collision-Anchored Center in Hatboro, PA.
Broker of Record
-
Timothy B. Stephenson Jr.
Managing Director, Market Leader - Philadelphia
Financing By
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