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2940 Dekalb Pike 7,952 SF 100% Leased Retail Building Norristown, PA 19401 $1,500,000 ($188.63/SF)

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INVESTMENT HIGHLIGHTS

  • Situated in a commercial zoned areas, heavily populated and traveled commercial corridors in the Township.
  • Well maintained property. Parking asphalt paved good for approx.50 + cars.
  • Close to major shopping areas, apartment buildings, residential areas, banks and hospitals.

EXECUTIVE SUMMARY

Commercial property with solid building located on a busy business district of East Norriton Township. Front facade facing State Road N. 202 near Germantown Pike. It has its own driveway onto wide parking lot - good for over 50 cars. Currently it has 1 tenant on 1st floor - at the rear occupied by Health Spa. All other 5 units are vacant. A prime location for business to grow.

PROPERTY FACTS Under Contract

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,952 SF
Building Class
C
Year Built/Renovated
1951/2015
Price
$1,500,000
Price Per SF
$188.63
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.17
Lot Size
1.05 AC
Zoning
C, East Norriton Twp - Commercial
Parking
54 Spaces (5.4 Spaces per 1,000 SF Leased)
Frontage
130’ on Dekalb Pike

AMENITIES

  • Signage

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • BPM Zone Fitnesss
  • -
  • -
  • -
  • -
  • Hair Jordan
  • -
  • -
  • -
  • -
  • Heavenly Spa
  • -
  • -
  • -
  • -
  • M Medical Spa
  • -
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
BPM Zone Fitnesss - - - -
Hair Jordan - - - -
Heavenly Spa - - - -
M Medical Spa - - - -

NEARBY MAJOR RETAILERS

Cross Fit Montco
ACME
PNC Bank
Bank of America
Saladworks
Citizens Bank
Starbucks
Applebee's
Weis Markets
KeyBank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
33-00-01927-002
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$731,190
  • Listing ID: 16437365

  • Date on Market: 6/25/2019

  • Last Updated:

  • Address: 2940 Dekalb Pike, Norristown, PA 19401

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