14 E Moreland Ave
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14 E Moreland Ave
17,980 SF Retail Building Hatboro, PA 19040 £1,212,798 (£67/SF) 4% Net Initial Yield
Investment Highlights
- Town Center
- Turnpike Exit
- Large Lot
Executive Summary
A great small town with endless potential makes this investment viable for a great return.
New construction around town makes for a new destination for Empty-Nesters, College Students, and Urbanites who can capitalize on convenient rail service that gets them to Center City Philadelphia for medical appointments, classes, and work, then gets them back to the town that will feed them and entertain them.
This is the perfect opportunity for investors to ride the Small Town Center wave.
New construction around town makes for a new destination for Empty-Nesters, College Students, and Urbanites who can capitalize on convenient rail service that gets them to Center City Philadelphia for medical appointments, classes, and work, then gets them back to the town that will feed them and entertain them.
This is the perfect opportunity for investors to ride the Small Town Center wave.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Development Sale
Property Type
Retail
Property Subtype
Building Size
17,980 SF
Building Class
B
Year Built
1945
Price
£1,212,798
Price Per SF
£67
Net Initial Yield
4%
NOI
£48,512
Tenancy
Single
Number of Floors
2
Building FAR
0.55
Lot Size
0.75 AC
Zoning
RC2, Hatboro Boro - Retail Commercial District
Parking
33 Spaces (1.84 Spaces per 1,000 SF Leased)
Frontage
335 ft on East Moreland Avenue
Amenities
- Bus Route
- Commuter Rail
- Conferencing Facility
- Storage Space
Walk Score ®
Very Walkable (85)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 08-00-04321-009 | Improvements Assessment | £0 |
Land Assessment | £0 | Total Assessment | £442,937 |
PROPERTY TAXES
Parcel Number
08-00-04321-009
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£442,937
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Presented by
Ashcroft & Moore LLC
14 E Moreland Ave
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