5031 Horseshoe Pike
Downingtown, PA 19335

CBRE IS PLEASED TO EXCLUSIVELY PRESENT FOR SALE THIS ROYAL FARMS PROPERTY located at the signalized corner of Horseshoe Pike (Route 322) and Lloyd Ave in Downingtown, Pennsylvania. This is a new 20 year NNN ground lease in Royal Farm's newest prototype with zero landlord responsibilities or expenses. There are over 18 years remaining in the initial lease term with three, ten year options to renew the lease. There are attractive 10% rental increases every 5 years beginning in year 11 of the lease and in each option period. The lease is corporately guaranteed by Royal Farms, a private company with over 179 locations and currently expanding its operations throughout Maryland, Delaware, Virginia and Pennsylvania. This 5,166 square foot new construction Royal Farms is ideally located on a massive 4.44 acre parcel at the signalized corner of Horseshoe Pike (Route 322) and Lloyd Ave with excellent access and visibility for over 18,000 vehicles passing by daily. It is also situated just off the Route 322 and Highway US Route 30 interchange with traffic counts over 61,000 vehicles per day. This is a densely populated area with 6,471 people within 1 mile, 38,447 people within 3 miles and 85,270 people within 5 miles. Additionally, the area boasts affluent demographics with the average household income over $90,000 within 1 mile, over $117,000 within 3 miles and over $125,000 within 5 miles. Royal Farms is surrounded by numerous schools including Downingtown High School West Campus with 1,460 students enrolled, Downingtown Middle School with 976 students enrolled, St. Joseph School with 637 students enrolled and Downingtown STEM with 789 students enrolled. Additional neighboring uses include the St. Martha Center for Rehabilitation & Healthcare, Downingtown Animal Hospital, and Downingtown Little League. Downingtown is a borough in Chester County, 33 miles west of Philadelphia. This NNN lease coupled rental increases, a strong location, minimal competition and dense demographics makes this a passive and ideal investment for the astute investor.