About This Restaurant
Investment Highlights
High Visibility along Germantown Pike Busy Local Shopping Center
Executive Summary
Rare Opportunity....Four unit commercial retail space for sale. High visibility, located on Germantown Pike in a well known local shopping center in Whitemarsh township. Adjacent to ?The Market of Lafayette Hill? along with several other storefronts, and eateries. Plenty of parking. Close to Philadelphia and all major arteries. Currently 100% occupied. Long term tenants in place.
Property Details
- Sale Type Investment
- Property Type Retail
- Property Subtype Freestanding Freestanding General Retail Restaurant General Retail Storefront General Retail Storefront Retail/Office Freestanding
- Building Size 7,298
- Building Class C
- Year Built 1959
- Price 2,100,000
- Price Per SF 288
- Cap Rate 6.57
- NOI 138,000
- Percent Leased 100
- Tenancy Multiple
- Building Height 1 Story
- Building FAR 0.40
- Land Acres 0.42 AC
Property Taxes
| Parcel Number | 65-00-04309-009 | Improvements Assessment | $157,320 (2024) |
| Land Assessment | $281,390 (2024) | Total Assessment | $(1) (0.00/SF) |
| Date Created: | 2024-07-16 04:18:10 | Last Updated: | 2024-07-16 04:18:10 |
| Address: | 513-519 Germantown Pike , Lafayette Hill, Pennsylvania, 19444 | ||