324-332 S York Rd - Auto Repair FOR SALE


Hatboro, PA 19040
$3,227,000 USD
513-325-8682
324-332 S York Rd, Hatboro, PA for Sale
$3,227,000 USD
Auto Repair - FOR SALE
1/6
null | 7.71% Cap Rate

324-332 S York Rd
Hatboro, PA 19040


HIGHLIGHTS

  • 17,416-SF Multi Tenant Center Occupied by a Local Restaurant and Corporate Caliber Collision on a +/-1.17-Acre Lot
  • Caliber Has 7 Years Remaning on a NNN Lease With No Landlord Responsibilities | Restaurant Tenant Operates Under a NN Lease
  • 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

FOR SALE DETAILS

PRICE

$3,227,000 USD

PRICE/SF

$185 USD /SF

CAP RATE

7.71%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.17 AC

LAND SF

50,965 SF

ZONING

RC2,Hatboro Boro

APN/PARCEL ID

08-00-06715-009

ASK ABOUT THIS PROPERTY

Darpan PatelMarcus & MillichapMore Info
513-325-8682

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Darpan PatelMarcus & MillichapMore Info
513-325-8682

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