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Auto Service - Gas-Conv

AutoZone | 20 Years Remain | Philadelphia, PA | Signalized Corner

Mill Road & Chichester Avenue, Boothwyn, PA 19061

Listing Price: $1,725,000

Cap Rate
4.00%
Tenant Name
AutoZone
Years Remaining On Lease
20.2
Guarantor
Corporate Guarantee
Rentable SF
7,381
Lease Type
NNN Ground Lease
Rent Per Square Feet
$9.35

Investment Overview

The Property is within one-mile to two area schools and three apartment communities. These include Chichester High School and Chichester Middle School with a combined 1,973 students, Willowbrook Apartments (374 units), Lutheran Knolls (220 units) and Rolling Glen Apartments and Townhomes (190 units). This particular part of Delaware County, the second most populated County in the entire Commonwealth, is known for its “working class”. This is the ideal demographic for an auto parts store.

Investment Highlights

  • New 20-Year Investment-Grade Ground Lease
  • Dense Philadelphia Metro Location with 73,144 People within Three Miles
  • Limited Competition

Broker of Record

  • Sean Beuche

    Regional Manager

    (215) 531-7000

    License(s) PA: RM424190

    Pennsylvania

Auto Service - Gas-Conv

AutoZone | 20 Years Remain | Philadelphia, PA | Signalized Corner

Listing Price: $1,725,000

Cap Rate
4.00%
Tenant Name
AutoZone
Years Remaining On Lease
20.2
Guarantor
Corporate Guarantee
Rentable SF
7,381
Lease Type
NNN Ground Lease
Rent Per Square Feet
$9.35

Investment Highlights

  • New 20-Year Investment-Grade Ground Lease
  • Dense Philadelphia Metro Location with 73,144 People within Three Miles
  • Limited Competition

Investment Overview

The Property is within one-mile to two area schools and three apartment communities. These include Chichester High School and Chichester Middle School with a combined 1,973 students, Willowbrook Apartments (374 units), Lutheran Knolls (220 units) and Rolling Glen Apartments and Townhomes (190 units). This particular part of Delaware County, the second most populated County in the entire Commonwealth, is known for its “working class”. This is the ideal demographic for an auto parts store.

Broker of Record

  • Sean Beuche

    Regional Manager

    (215) 531-7000

    License(s): PA: RM424190

    Pennsylvania

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