Historical Multifamily Sale Listing - 7000 Terminal Square

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7000 Terminal Square

7000 Terminal Square, Upper Darby, PA 19082

N/A

40 Units | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Units:
40
Building Size:
54,747 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Additional Sub-types:
Office Building
Street Retail
Retail (Other)
Property Use Type:
Investment
Cap Rate:
7.20%
Year Built:
1900
Listing ID
14265342
Last Updated
over 1 year ago

Highlights

  • Located across the street from 69th Street Terminal
  • Apartments 100% occupied
  • Located one block from Market Street Shopping
  • Retail 94% occupied
  • Boiler & Roof less then one year old
  • Room to raise rents 5% to 10%

Description

On behalf of the Owners, CB Richard Ellis extends to qualified investors the opportunity to acquire the fee simple interest in 7000 Terminal Square, containing 40 apartments, 28 retail spaces totaling over 20,000 square feet, a 10,000 square foot theatre and 1 cellular tower on the roof. The property is located in Upper Darby, Delaware County, directly across the street from 69th Street Terminal, the largest SEPTA terminal outside the city lines. The neighborhood surrounding 7000 Terminal Square contains one of the most desirable locations for retail shopping in Delaware County.

The 69th Street area is considered on of the top retail locations in Delaware County. Given its proximity to 69th Street Station and Market Street Shopping, rental units are at a premium. 7000 Terminal Square is currently 100% occupied and historical occupancy has been over 95%. Competitive properties in the immediate area are all above 95% occupied. This is a premier location for both retail and multi-family in Delaware County. The 69th Street area is considered on of the top retail locations in Delaware County. Given its proximity to 69th Street Station and Market Street Shopping, rental units are at a premium. 7000 Terminal Square is currently 100% occupied and historical occupancy has been over 95%. Competitive properties in the immediate area are all above 95% occupied. This is a premier location for both retail and multi-family in Delaware County.

Map of 7000 Terminal Square, Upper Darby, PA 19082 (Delaware County)

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Created 7/11/2005