E Baltimore Pike - Retail FOR SALE


Kennett Square, PA 19348
$7,000,000 USD
E Baltimore Pike, Kennett Square, PA for Sale
$7,000,000 USD
Retail - FOR SALE
1/5
null | 6.44% Cap Rate

E Baltimore Pike
Kennett Square, PA 19348


HIGHLIGHTS

  • 100% leased to Mattress Warehouse and Quick Lane Tire & Auto Center
  • Located along Baltimore Pike (35,000+ VPD), a dominant retail corridor in Chester County
  • Adjacent to Wawa, Walmart, CVS, Starbucks and other major national brands
  • Less than one mile from Longwood Gardens, drawing 1.6M+ visitors annually

OVERVIEW

Equity CRE is pleased to present 905–909 E. Baltimore Pike in Kennett Square, Pennsylvania—two fully-leased, freestanding retail assets occupied by nationally recognized tenants: Mattress Warehouse and Quick Lane Tire & Auto Center. This rare opportunity offers long-term income security and strong real estate fundamentals in the heart of Kennett Square—an affluent, supply-constrained submarket in Chester County with high barriers to entry. The offering features stable, passive cash flow backed by NNN leases with built-in rental increases and extended terms. Quick Lane is leased through December 2039, and Mattress Warehouse through January 2035. Together, the properties generate a combined net operating income of $450,718, priced at a 6.44% cap rate.

FOR SALE DETAILS

PRICE

$7,000,000 USD

PRICE/SF

$449 USD /SF

CAP RATE

6.44%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mattress Warehouse & Quick Lane

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

2.2 AC

LAND SF

95,832 SF

ZONING

MU

APN/PARCEL ID

61-06P-0015.0300

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