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210 N Chester Pike

17,527 SF Retail Building Glenolden, PA 19036 £1,412,984 (£81/SF) 6.90% Net Initial Yield

Investment Highlights

  • Corporate Guarantee – Caliber Collision is the #1 auto body repair provider in the country with 1,600+ locations across 41 states.
  • Strong Rent Growth – 10% increases every 5 years helps tackle inflation.
  • Minimal Landlord Responsibilities – Tenant takes care of taxes, insurance, and maintenance excluding structural related items.
  • Long-term Remaining – Caliber signed a 15-year lease in 2017 after a conversion from a smaller collision tenant, leaving 8+ years remaining.
  • The subject property underwent significant renovation in 2019 and benefitted from a new roof in 2021 that came with a 20- year roof warranty.

Executive Summary

Broker of Record | Kyle Matthews | License No. RB068831 (PA)

Attachments

Glenolden, PA OM

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
17,527 SF
Building Class
C
Year Built
2017
Price
£1,412,984
Price Per SF
£81
Net Initial Yield
6.90%
NOI
£97,508
Tenancy
Single
Number of Floors
1
Building FAR
0.44
Land Acres
0.92 AC
Zoning
B-1

Links

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Walk Score ®
Very Walkable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 21-00-00330-00 Improvements Assessment £248,811
Land Assessment £750,860 Total Assessment £999,670

PROPERTY TAXES

Parcel Number
21-00-00330-00
Land Assessment
£750,860
Improvements Assessment
£248,811
Total Assessment
£999,670
(612) 605-8183

  • Listing ID: 30818382

  • Date on Market: 30/01/2024

  • Last Updated:

  • Address: 210 N Chester Pike, Glenolden, PA 19036

The Retail Property at 210 N Chester Pike, Glenolden, PA 19036 is currently available For Sale. Contact Matthews Real Estate Investment Services for more information.

Retail PROPERTIES IN NEARBY NEIGHBOURHOODS

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210 N Chester Pike, Glenolden, PA for sale Building Photo- Image 1 of 4
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