255 Horsham Rd | Horsham Township, PA 19044
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- LoopNet Team
255 Horsham Rd
Horsham Township, PA 19044
Curaleaf Cannabis Dispensary (Philly MSA) · Retail Property For Sale
Investment Highlights
- Triple Net (NNN) Lease With Two, Five-Year Tenant Renewal Options
- New Location, Built by Tenant in 2021
- Located on Horsham Road Which has a Daily Traffic Count of 30,000 Vehicles, and Off Easton Road With 46,000 Vehicles
- 10% Rent Increases Every 5 Years With Next Increase on May 1, 2027, Which Adjusts the Asking Cap Rate to 8.8%
- Average Household Income Within One Mile of the Curaleaf is $92,881, and Expected to Reach $108,341 by 2028
- Curaleaf has the Largest Geographical Reach of Any American Cannabis Company, Operating in 17 States With 151 Total Retail Locations
Property Facts
Property Type
Retail
Property Subtype
Building Size
2,803 SF
Building Class
B
Year Built/Renovated
1972/2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
0.29 AC
Zoning
GC2
Frontage
183’ on Horsham Rd
Amenities
- Air Conditioning
1 of 1
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