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481-485 Conchester Hwy

16,324 SF 93% Leased Retail Building Aston, PA 19014 $4,500,000 ($276/SF) 5.30% Cap Rate

Investment Highlights

  • 295’ of Frontage on Conchester Hwy
  • It offers excellent visibility and accessibility from heavily trafficked Route 322
  • Stoney Pond Shopping Center is ideal for investors seeking a stabilized property along a growing commercial corridor.
  • Centrally located within a highly dense suburb of Philadelphia.
  • The well-maintained center consists of a mix of retail and medical tenants with growth potential.

Executive Summary

Introducing the Stoney Pond Plaza located at 481 Conchester Hwy, Aston, PA 19014, a prime investment opportunity. This ±14,400 SF shopping center, situated on ±1.9 acres with an additional 0.70-acre pad, offers significant potential. Nearly full occupancy with a steady roster of tenants, the property features 95 parking spaces and drive-thru potential. With 295’ of frontage along Conchester Hwy, the center has exceptional visibility and accessibility in a high-traffic area. Centrally positioned in a densely populated Philadelphia suburb, investors will appreciate the stable income from a mix of retail and medical tenants. The approved pad site presents further growth opportunities in this thriving commercial corridor. Don't miss this chance to acquire the Stoney Pond Plaza and capitalize on its proven success and future potential.
SALE INCLUDES ADDITONAL PAD SITE WITH DRIVE THRU POTENTIAL

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
16,324 SF
Building Class
B
Year Built
1980
Price
$4,500,000
Price Per SF
$276
Cap Rate
5.30%
NOI
$238,471
Percent Leased
93%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
1.90 AC
Parking
95 Spaces (6.6 Spaces per 1,000 SF Leased)
Frontage
295 FT on Conchester Hwy

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 1,200 SF
  • Retail
  • In-Line
  • Now
Space Size Space Use Position Available
1st Floor 1,200 SF Retail In-Line Now

1st Floor

Size
1,200 SF
Space Use
Retail
Position
In-Line
Available
Now

1st Floor

Size 1,200 SF
Space Use Retail
Position In-Line
Available Now

Nearby Major Retailers

Applebee's
WW
Boston Market
TD Bank
ACME
Anytime Fitness
Philly Pretzel Factory
Pat's Family Restaurant

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09-00-01047-01
Land Assessment
$768,660
Improvements Assessment
$959,130
Total Assessment
$1,727,790
  • Listing ID: 32968723

  • Date on Market: 8/27/2024

  • Last Updated:

  • Address: 481-485 Conchester Hwy, Aston, PA 19014

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