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500 W Germantown Pike

195,504 SF 100% Leased 4-Star Retail Building Plymouth Meeting, PA 19462 £13,414,086 (£68.61/SF) 5.75% Net Initial Yield

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
£13,414,086
Price Per SF
£68.61
Net Initial Yield
5.75%
NOI
£771,310
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
1.07
Lot Size
4.18 AC
Zoning
SC - Shopping Center District
Frontage
438 ft on W Germantown Pike

LINKS

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NEARBY MAJOR RETAILERS

Whole Foods Market
Miller's Ale House
Starbucks
Fulton Bank
Sarku Japan
Cyclebar
P.F. Chang's
Benihana
Redstone American Grill
Mission BBQ

PROPERTY TAXES

Parcel Number 49-00-04129-007 Improvements Assessment £0
Land Assessment £0 Total Assessment £4,647,035

PROPERTY TAXES

Parcel Number
49-00-04129-007
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£4,647,035
(610) 645-7700

CONTACTS

  • Listing ID: 28429637

  • Date on Market: 08/05/2023

  • Last Updated:

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

The Retail Property at 500 W Germantown Pike, Plymouth Meeting, PA 19462 is currently available for sale. Contact Equity Retail Brokers, Inc. for more information.

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500 W Germantown Pike, Plymouth Meeting, PA for sale Building Photo- Image 1 of 3
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500 W Germantown Pike
(610) 645-7700 x

500 W Germantown Pike

1/4

Edward Ginn

(610) 645-7700

(610) 645-7700

Kenneth Yanni

(610) 645-7700

(610) 645-7700

Ken McEvoy

(484) 417-2226

(484) 417-2226

Bart Delfiner

(484) 417-2217

(484) 417-2217

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