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Flagship Car Wash 200 Kimberton Rd 11,305 SF Retail Building Phoenixville, PA 19460 $9,000,000 ($796.11/SF) 6.25% Cap Rate
Investment Highlights
- Bonus Depreciation Opportunity
- Surrounded By National Retailers
- Premier Retail Intersection
- Flagship Carwash Corporate Guarantee
- Strong Affluent Demographics
- Strategic Location Near Philadelphia
Executive Summary
Surmount is pleased to present the exclusive listing for a Flagship Carwash located at 200 Kimberton Road, Phoenixville, PA 19460. The site consists of roughly 11,305 rentable square feet of building space on an estimated 1.75-acre parcel of land. Flagship Carwash is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $562,500 and has scheduled increases of 1.50% Annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
11,305 SF
Building Class
B
Year Built
2008
Price
$9,000,000
Price Per SF
$796.11
Cap Rate
6.25%
NOI
$562,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.75 AC
Zoning
LIC02
Frontage
293’ on Kimberton Rd
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1507 00020000 | Improvements Assessment | $1,149,480 |
| Land Assessment | $282,530 | Total Assessment | $1,432,010 |
Property Taxes
Parcel Number
1507 00020000
Land Assessment
$282,530
Improvements Assessment
$1,149,480
Total Assessment
$1,432,010
Contacts
-
James Westerberg -
RJ Stein -
Tyler Hardin -
Glen Kunofsky -
Christopher Marks -
Surmount
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Flagship Car Wash | 200 Kimberton Rd
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