3620 Concord Rd | Aston, PA 19014
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3620 Concord Rd
Aston, PA 19014
Walgreens · Retail Property For Sale
Investment Highlights
- Walgreens' is corporately guaranteed by Walgreens Co., part of the Walgreens Boots Alliance (WBA), which has an investment grade “BBB” rating by S&P
- Walgreens has continuously and successfully operated in this location for 22+ years and extended their lease early in 2015 for another 10+ years
- Ideally located with excellent frontage and visibility at the hard-signaled intersection of Concord Road, Pennell Road and Knowlton Road
- More than 8 years remaining on a NNN lease before a termination right occurs in 2030; there is more than 48 years of term remaining in total
- Walgreens has a double-drive thru which has been an integral part of any tenant’s success throughout the recent pandemic
- More than 180,000 residents within 5 miles and average household incomes exceed $100,000 with the 1- 3- and 5- mile rings
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
15,120 SF
Building Class
C
Year Built
1999
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.69 AC
Zoning
Com
Parking
50 Spaces (3.31 Spaces per 1,000 SF Leased)
Frontage
158 FT on Concord Rd
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Drive Thru
PROPERTY TAXES
| Parcel Number | 02-00-01878-10 | Improvements Assessment | $1,683,440 |
| Land Assessment | $340,720 | Total Assessment | $2,024,160 |
PROPERTY TAXES
Parcel Number
02-00-01878-10
Land Assessment
$340,720
Improvements Assessment
$1,683,440
Total Assessment
$2,024,160
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