200 Kimberton Rd - Drug Store FOR SALE


Phoenixville, PA 19460
$9,000,000 USD
516-477-7026
200 Kimberton Rd, Phoenixville, PA for Sale
$9,000,000 USD
Drug Store - FOR SALE
1/3
null | 6.25% Cap Rate

200 Kimberton Rd
Phoenixville, PA 19460


HIGHLIGHTS

  • Bonus Depreciation Opportunity
  • Flagship Carwash Corporate Guarantee
  • Surrounded By National Retailers
  • Strong Affluent Demographics
  • Premier Retail Intersection
  • Strategic Location Near Philadelphia

OVERVIEW

Surmount is pleased to present the exclusive listing for a Flagship Carwash located at 200 Kimberton Road, Phoenixville, PA 19460. The site consists of roughly 11,305 rentable square feet of building space on an estimated 1.75-acre parcel of land. Flagship Carwash is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $562,500 and has scheduled increases of 1.50% Annually.

FOR SALE DETAILS

PRICE

$9,000,000 USD

PRICE/SF

$798 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Flagship Car Wash

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

Kimberton Ave

LAND ACRES

1.75 AC

LAND SF

76,230 SF

ZONING

LIC02

APN/PARCEL ID

15-007-0002.0000

ASK ABOUT THIS PROPERTY

James WesterbergSurmountMore Info
516-477-7026

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James WesterbergSurmountMore Info
516-477-7026

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.