501-537 W MacDade Boulevard - Freestanding FOR SALE


Folsom, PA 19033
$3,829,154 USD
781-776-4550
501-537 W MacDade Boulevard, Folsom, PA for Sale
$3,829,154 USD
Freestanding - FOR SALE
1/7
null | 7% Cap Rate

501-537 W MacDade Boulevard
Folsom, PA 19033


HIGHLIGHTS

  • Strong Anchor Tenant
  • Tariff Proof & E-Commerce Resistant Investment
  • Rent Increases
  • Strategic Location
  • Excellent Accessibility And Visibility
  • High Traffic Counts

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase The Shops at Milmont located at 501-537 W MacDade Boulevard in Folsom, Pennsylvania (the “Property”). The Shops at Milmont is a 100% leased strip center in densely populated eastern Delaware County, just outside the city limits of Philadelphia. The center is home to a health care focused rent roll with four tenants, the largest of which, Premier Orthopedic & Sports Medicine, has over 35 locations and is the second largest orthopedic practice in the Greater Philadelphia area. Premier, and national credit tenant Quest Diagnostics, together comprise 70% of the gross leasable area. Given the tenant mix, the property is essentially immune from tariff disruption, internet retail, and even recession. The Property is strategically located along W MacDade Boulevard, sitting between Milmont Avenue and Baltimore Boulevard. The parcel features excellent frontage and visibility along W MacDade Boulevard, one of the area’s primary commercial and commuter corridors, featuring an extensive array of national tenants and major shopping centers that drive traffic and consumers to the area. The location offers convenient access to area train stations, major highways, including Interstates 95 and 476, US Route 13, and PA Routes 320 and 291, offering transportation throughout the Philadelphia metro area. Folsom is located in Delaware County and is a suburb within the Philadelphia metropolitan area. Folsom is 10 miles southwest of Philadelphia and offers easy access to the city, while still allowing residents to enjoy a small-town feel with many walkable amenities and activities available.

FOR SALE DETAILS

PRICE

$3,829,154 USD

PRICE/SF

$315 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Shops at Milmont

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.83 AC

LAND SF

36,155 SF

ZONING

-

APN/PARCEL ID

38-05-00808-00

ASK ABOUT THIS PROPERTY

Amal HadariHorvath & TremblayMore Info
781-776-4550

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Amal HadariHorvath & TremblayMore Info
781-776-4550

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