1020 Horsham Rd | North Wales, PA 19454
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1020 Horsham Rd
North Wales, PA 19454
Kiddie Academy · Retail Property For Sale
Investment Highlights
- Tenant will sign a brand new 15 year NNN lease at closing with zero landlord or responsibilities
- Subject property sits within a densely populated market with 7,747 people within 1 mile and 62,679 people within 3 miles
- Well positioned near multiple schools with combined enrollment over 2,500 students
- Lease benefits from 1% annual rental increases throughout the base term and each of the three, five year options to renew
- Population has grown in the 1,3 and 5 mile rings over the last 5 years and is projected to continue through 2024
- This Kiddie Academy location has consistently been a strong performing site with an average of 110-120 kids enrolled and max capacity of 160 kids
PROPERTY FACTS
Property Type
Retail
Property Subtype
Day Care Centre
Building Size
11,200 SF
Building Class
B
Year Built
2003
Tenancy
Single
Number of Floors
1
Building FAR
0.09
Lot Size
2.79 AC
Zoning
LI
Frontage
139 ft on Horsham Rd
PROPERTY TAXES
| Parcel Number | 46-00-01351-079 | Improvements Assessment | £587,739 |
| Land Assessment | £271,184 | Total Assessment | £858,923 |
PROPERTY TAXES
Parcel Number
46-00-01351-079
Land Assessment
£271,184
Improvements Assessment
£587,739
Total Assessment
£858,923
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