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Shopping Neighborhood

Yeadon Plaza

115 Chester Ave, Yeadon, PA 19050

Listing Price: $3,050,000

Cap Rate
8.12%
Gross SF
35,135
Rentable SF
35,135
Price/Gross SF
$86.81
Lot Size
3.71 acres
Year Built
1970

Investment Overview

Tenant Roster Highlights: Service-Oriented Shopping Center • The Center features internet resistant and service-based tenants including: Furniture Store, Daycare Center, Delaware County Health Center & Santander Bank Delaware County of Department of Intercommunity Health Coordination • Newly Signed Local Government Tenant in 2020, featuring a Health Center to aid in COVID Support • The Tenant makes up 32% of the Center’s GLA & has (4.5) Years remaining on the Lease Term Santander Bank • Global Retail & Commercial Bank made up of over 14,000 Branches Internationally serving over 102 Million Customers • The Subject Branch has seen YoY Deposit Growth (18.5% from ’19 to ’20) with Deposits of more than $39 Million Location Highlights: Proximity to National, Credit Tenants • The Property benefits from its proximity to prominent national retailers including CVS, Dollar General, Walgreens, Harbor Freight Tools, ALDI & others Healthy Demographics and within a Dense Submarket • Within a 3-mile radius, the Average Household Income is $59K & Population Count is approximately 283K Residents Irreplaceable Positioning Benefiting from Multiple Schools & Hospital Systems • Elementary / Middle Schools – The Subject Site sits directly in the center of (3) school systems including Park Lane Elementary (400 Students), Penn Wood (720 Students), Bell Avenue Elementary (340 Students) • Mercy Catholic Medical Center – The Subject Site sits just (1) mile from this state-of-the-art facility featuring 340 staff care beds & sees over 74K Patients annually

Investment Highlights

  • Stabilized Retail Center featuring Newly Signed Government Tenant
  • Large Parcel in Dense Submarket
  • Heavily Traveled Retail Corridor
  • Rental Rates in line with Market & Rental Increases in Base Term

Exclusively Listed By

Shopping Neighborhood

Yeadon Plaza

Listing Price: $3,050,000

Cap Rate
8.12%
Gross SF
35,135
Rentable SF
35,135
Price/Gross SF
$86.81
Lot Size
3.71 acres
Year Built
1970

Investment Highlights

  • Stabilized Retail Center featuring Newly Signed Government Tenant
  • Large Parcel in Dense Submarket
  • Heavily Traveled Retail Corridor
  • Rental Rates in line with Market & Rental Increases in Base Term

Investment Overview

Tenant Roster Highlights: Service-Oriented Shopping Center • The Center features internet resistant and service-based tenants including: Furniture Store, Daycare Center, Delaware County Health Center & Santander Bank Delaware County of Department of Intercommunity Health Coordination • Newly Signed Local Government Tenant in 2020, featuring a Health Center to aid in COVID Support • The Tenant makes up 32% of the Center’s GLA & has (4.5) Years remaining on the Lease Term Santander Bank • Global Retail & Commercial Bank made up of over 14,000 Branches Internationally serving over 102 Million Customers • The Subject Branch has seen YoY Deposit Growth (18.5% from ’19 to ’20) with Deposits of more than $39 Million Location Highlights: Proximity to National, Credit Tenants • The Property benefits from its proximity to prominent national retailers including CVS, Dollar General, Walgreens, Harbor Freight Tools, ALDI & others Healthy Demographics and within a Dense Submarket • Within a 3-mile radius, the Average Household Income is $59K & Population Count is approximately 283K Residents Irreplaceable Positioning Benefiting from Multiple Schools & Hospital Systems • Elementary / Middle Schools – The Subject Site sits directly in the center of (3) school systems including Park Lane Elementary (400 Students), Penn Wood (720 Students), Bell Avenue Elementary (340 Students) • Mercy Catholic Medical Center – The Subject Site sits just (1) mile from this state-of-the-art facility featuring 340 staff care beds & sees over 74K Patients annually

Exclusively Listed By

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