3620 Concord Rd | Aston, PA 19014
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3620 Concord Rd
Aston, PA 19014
Walgreens · Retail Property For Sale
Investment Highlights
- Walgreens' is corporately guaranteed by Walgreens Co., part of the Walgreens Boots Alliance (WBA), which has an investment grade “BBB” rating by S&P
- Walgreens has continuously and successfully operated in this location for 22+ years and extended their lease early in 2015 for another 10+ years
- Ideally located with excellent frontage and visibility at the hard-signaled intersection of Concord Road, Pennell Road and Knowlton Road
- More than 8 years remaining on a NNN lease before a termination right occurs in 2030; there is more than 48 years of term remaining in total
- Walgreens has a double-drive thru which has been an integral part of any tenant’s success throughout the recent pandemic
- More than 180,000 residents within 5 miles and average household incomes exceed $100,000 with the 1- 3- and 5- mile rings
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
15,120 SF
Building Class
C
Year Built
1999
Tenancy
Single
Number of Floors
1
Building FAR
0.21
Lot Size
1.69 AC
Zoning
Com
Parking
50 Spaces (3.31 Spaces per 1,000 SF Leased)
Frontage
158 ft on Concord Rd
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Drive Thru
PROPERTY TAXES
| Parcel Number | 02-00-01878-10 | Improvements Assessment | £1,324,615 |
| Land Assessment | £268,096 | Total Assessment | £1,592,710 |
PROPERTY TAXES
Parcel Number
02-00-01878-10
Land Assessment
£268,096
Improvements Assessment
£1,324,615
Total Assessment
£1,592,710
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