Walgreens - Norristown, PA | 3300 DeKalb Pike
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Walgreens - Norristown, PA 3300 DeKalb Pike
13,650 SF Retail Building East Norriton, PA 19401 $5,580,000 ($409/SF) 8.15% Cap Rate
Investment Highlights
- Located Approximately 20 Miles Outside of Philadelphia.
- Absolute NNN Lease Structure with Zero (0) Landlord Responsibilities
- Projected 4.37% Population Growth in the Next 5 Years within 1 Mile Radius of Site
- Situated on the Corner of Dekalb Pike & E Township Line Rd., Which Experience a Combined 36K+ Vehicles Per Day.
- Single Tenant Freestanding Walgreens in Norristown, PA
Executive Summary
Single Tenant Freestanding Walgreens in Norristown, PA, Absolute NNN Lease Structure with Zero (0) Landlord
Responsibilities
Responsibilities
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
13,650 SF
Building Class
B
Year Built
2006
Price
$5,580,000
Price Per SF
$409
Cap Rate
8.15%
NOI
$455,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
2.09 AC
Zoning
AR - Commercial
Parking
60 Spaces (4.39 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Drive Thru
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 33-00-01849-008 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $3,000,000 |
PROPERTY TAXES
Parcel Number
33-00-01849-008
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,000,000
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Walgreens - Norristown, PA | 3300 DeKalb Pike
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