36 W Ridge Pike - Supermarket FOR SALE
Limerick, PA 19468 |
$13,570,000 USD
215-531-7050
36 W Ridge Pike
Limerick, PA 19468
HIGHLIGHTS
- 15 Year Corporate Lease featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options.
- Strong Tenant - Sprouts (NASDAQ: SFM) is one of the Largest Specialty Retailers of Fresh, Natural and Organic Food in the U.S.
- Average Household Income Approximates $184k+ with 53.5 Percent Bachelor’s Attainment, 83.1 Percent Owner-Occupancy.
- Within a 55,200 Sq.Ft. Retail Node - Walgreens, McDonald’s, Citadel Credit Union and Childtime Childcare on site, plus an approved 12,000 Sq.Ft.
- In Close Proximity to Numerous National Retailers, including Target, ALDI, Walgreens, Planet Fitness, Petco, Ross Dress for Less, GIANT, Staples.
OVERVIEW
Sprouts Farmers Market (NASDAQ: SFM) | 15 Year Lease | Brand New 2026 Construction | Affluent Trade Area - $184k+ Avg. HHI | Proven Grocery Retail Node | U.S. Route 422 Corridor | Near Philadelphia Premium Outlets | Signalized Hard Corner | Minutes from Ursinus College, Montgomery County Community College and Tower Health’s Pottstown Hospital
Pennsylvania Broker of Record: Timothy Stephenson, JR | 2005 Market St., Suite 1510 Philadelphia, PA 19103 | Lic. #: RMR006104 | Firm Lic. #: RB062197C | P: (215) 531-7000 | Timothy.Stephenson@MarcusMillichap.com
FOR SALE DETAILS
PRICE
$13,570,000 USD
PRICE/SF
$583 USD /SF
CAP RATE
5.75%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
SPROUTS FARMERS MARKET (NASDAQ: SFM)
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Supermarket
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2026
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
3.23 AC
LAND SF
140,699 SF
ZONING
C
APN/PARCEL ID
37-00-03952-043
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
215-531-7050
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
215-531-7050
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
