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611 W DeKalb Pike

18,000 SF Retail Building King Of Prussia, PA 19406 For Sale

Investment Highlights

  • The site is 1.16 acres and includes 67 parking spaces (3.72 per 1,000 square feet ratio).

Executive Summary

Bassett Furniture Industries, Inc. (NASDAQ: BSET) occupies this 18,000 SF retail building on an absolute NNN basis, with a lease expiring April 20, 2032. Prime retail location on 1.16 acres, at a signalized intersection across from the King of Prussia Mall. Cooperating brokers must be compensated directly from Buyer.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
18,000 SF
Building Class
B
Year Built
2017
Tenancy
Single
Number of Floors
2
Building FAR
0.36
Land Acres
1.16 AC
Zoning
C-O Commercial Office - C-O Commercial Office District, Upper Merion Township
Parking
3.72 Spaces per 1,000 SF Leased
Frontage
212 ft on Dekalb Pike

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Retailer
  • 18,000 SF
  • £33.57
  • NNN
  • Apr 2032

Bassett Furniture Industries, Inc. is a leading manufacturer and marketer of high quality, mid to high end priced home furnishings. With more than 90 company and licensee-owned stores, Bassett has leveraged its strong brand name in furniture into a network of corporate and licensed stores that focus on providing consumers with a friendly environment for buying furniture and accessories. Bassett offers custom-built furniture, offering a modern twist on traditional style for home. The stores also feature the latest on-trend furniture styles, a vast selection of upholstery fabrics, free in-home design visits, virtual appointments, and coordinated decorating accessories.

Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Retailer 18,000 SF £33.57 NNN Apr 2032

Nearby Major Retailers

Eddie V's
Bank of America
Maggiano's Little Italy
WW
Buffalo Wild Wings
Morton's, The Steakhouse
Legal Sea Foods
The Cheesecake Factory
The Melting Pot of King of Prussia
Bonefish Grill

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
58-00-06346-004
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£4,021,402
  • Listing ID: 33508235

  • Date on Market: 14/10/2024

  • Last Updated:

  • Address: 611 W DeKalb Pike, King Of Prussia, PA 19406

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