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Bala Cynwyd School (Corporate) 11 Saint Asaphs Rd 20,881 SF Retail Building Bala Cynwyd, PA 19004 $8,144,508 ($390.04/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- 14-Year Absolute NNN Lease with No Landlord Responsibilities
- Cadence is Ranked #7 in the Top 50 with Over 300+ Locations Nationally and Has Been in Business 30+ Years
- Tenant Extended Lease Early Showing Dedication to Site
- Rare 2.5% Annual Increases
- Strong Private Equity Backing from Apex Partners with a 40+ Year History and has a $77 Billion Track Record
- Excellent Demographics(Population Counts of 813K+ & HH Income of $154K+)
EXECUTIVE SUMMARY
In Association with Scott Reid & ParaSell, Inc. | A Licensed Pennsylvania Broker #RB069068
Inquiries by residents and property owners of the State of Pennsylvania are to be made to Scott Reid of ParaSell, Inc.
Inquiries by residents and property owners of the State of Pennsylvania are to be made to Scott Reid of ParaSell, Inc.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Day Care Center
Building Size
20,881 SF
Building Class
C
Year Built
1895
Price
$8,144,508
Price Per SF
$390.04
Cap Rate
6.50%
NOI
$529,393
Tenancy
Single
Building Height
3 Stories
Building FAR
0.34
Lot Size
1.43 AC
Zoning
R5
Frontage
234’ on Saint Asaphs Road
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Cadence Academy
- Educational Services
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Cadence Academy | Educational Services | - | - | - |
Walk Score®
Very Walkable (75)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 40-00-57112-007 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,492,130 |
PROPERTY TAXES
Parcel Number
40-00-57112-007
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,492,130
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Bala Cynwyd School (Corporate) | 11 Saint Asaphs Rd
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