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MAACO 1841 W Lincoln Hwy

9,036 SF Retail Building Penndel, PA 19047 $1,443,000 ($160/SF) 6.50% Cap Rate

Investment Highlights

  • Short-Term Lease with No Options presents a value-add opportunity for an investor or owner/user.
  • Philadelphia MSA – ±235,000 population in a 5-mile radius.
  • High Traffic Volume – ±27,000 vehicles per day on W Lincoln Hwy.
  • Annual Rent Increases – Lessor of 3% or CPI provides an effective hedge against inflation.
  • Below Market Rents – potential upside after expiration of the lease. Contact agent for more details**
  • Larger Parcel – ±0.79 AC allows for alternative potential uses.

Executive Summary

Broker of Record
Kyle Matthews
License No. RB068831 (PA)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Financial Summary (Actual - 2024)

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $93,673 $10.37

Financial Summary (Actual - 2024)

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual -
Annual Per SF -
Net Operating Income
Annual $93,673
Annual Per SF $10.37

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
9,036 SF
Building Class
C
Year Built
1967
Price
$1,443,000
Price Per SF
$160
Cap Rate
6.50%
NOI
$93,795
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
0.78 AC
Zoning
C - Commercial
Parking
30 Spaces (3.32 Spaces per 1,000 SF Leased)
Frontage
175 FT on W Lincoln

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
22-016-126-001
Land Assessment
$17,520
Improvements Assessment
$31,360
Total Assessment
$48,880
  • Listing ID: 33477039

  • Date on Market: 10/10/2024

  • Last Updated:

  • Address: 1841 W Lincoln Hwy, Penndel, PA 19047

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