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500 W Germantown Pike

195,504 SF 100% Leased 4-Star Retail Building Plymouth Meeting, PA 19462 $17,391,304 ($89/SF) 5.75% Cap Rate

Investment Highlights

  • Rental increases built into initial lease term & options
  • Completely "hands-off" investment
  • Rare CPI adjustments in base term & options

Executive Summary

Contact broker for details!

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Department Store
Building Size
195,504 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1965/2019
Price
$17,391,304
Price Per SF
$89
Cap Rate
5.75%
NOI
$1,000,000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.07
Lot Size
4.18 AC
Zoning
SC - Shopping Center District
Frontage
438 FT on W Germantown Pike

Nearby Major Retailers

Whole Foods Market
Miller's Ale House
Republic Bank
Starbucks
Shake Shack
Cyclebar
Sarku Japan
P.F. Chang's
Benihana
Redstone American Grill

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
49-00-04129-007
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$6,024,860
  • Listing ID: 28429637

  • Date on Market: 5/8/2023

  • Last Updated:

  • Address: 500 W Germantown Pike, Plymouth Meeting, PA 19462

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