Tesla Sales, Service, & Delivery 700 York Rd

The property is an ideal site for Tesla in line with the company’s site selection criteria. The location benefits from strong intrinsics due to its strategic location serving the greater Philadelphia and Trenton, NJ markets, as well as its proximity to other auto dealerships. Tesla has found that such locations benefit from high visibility and increased customer traffic and drive increased demand in the markets in which they are located. In addition, Tesla has observed a strong correlation between the addition of new Collision Center and Sales, Service, and Delivery (SSD) locations in a market and increased demand for Tesla vehicles.
The subject property is prominently located with excellent access and visibility along York Road (30,331 AADT). The site benefits from robust demographics with a total population of 1,941,626 within a 15 mile radius. Average household income within 10 miles of the site is $154,173.
The site benefits from a strategic “Auto Row” location neighboring numerous other car dealerships; Tesla has found that proximity to other auto dealerships increases sales and foot traffic to their Sales, Service, and Delivery locations. Nearby car dealerships include Patriot Chevrolet (top 20% location in PA, per Placer.ai), O’Neil Nissan (top 15% location in PA), and O’Neil Buick GMC (top 15% location in PA).
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