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324-332 S York Rd 17,416 SF 100% Leased Retail Building Hatboro, PA 19040 $3,227,000 ($185.29/SF) 7.71% Cap Rate



Investment Highlights
- 17,416-SF Multi Tenant Center Occupied by a Local Restaurant and Corporate Caliber Collision on a +/-1.17-Acre Lot
- Caliber Lease Features a 10% Rental Increases Every 5 Years Throughout the Primary Term and Each of Two, 5-Year Option Periods
- Located in Downtown Hatboro, a Borough in Montgomery County, PA and Apart of the Philadelphia–Camden–Wilmington MSA
- Caliber Has 7 Years Remaning on a NNN Lease With No Landlord Responsibilities | Restaurant Tenant Operates Under a NN Lease
- Restaurant Tenant Has 2 Years Remaining With 3% Annual Rental Increases
- Situated Along York Road, a Major Thoroughfare Of Hatboro, Running South into Downtown Philadelphia Seeing 17,000 Vehicles Per Day
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
17,416 SF
Building Class
C
Year Built
1950
Price
$3,227,000
Price Per SF
$185.29
Cap Rate
7.71%
NOI
$248,739
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.34
Lot Size
1.17 AC
Zoning
RC2,Hatboro Boro - commercial, retail, flex
Frontage
73’ on York Rd
Amenities
- Pylon Sign
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Abarca's Auto
- Services
- -
- -
- -
- -
- Amy's Family Pizzeria
- Retailer
- -
- -
- -
- -
- Beaver Building & Remodeling
- Construction
- -
- -
- -
- -
Caliber was founded in 1997 and began with collision centers in California before growing into a national automotive services business. The company focuses on collision repair, auto glass repair and replacement, and related auto care services through its family of brands. Caliber's collision repair services are supported by repair processes, certifications, and relationships with major insurance carriers and vehicle manufacturers. Today, Caliber maintains a broad presence across the United States and continues to expand its service network for drivers needing post-collision and glass repair support.
- Car Nu Auto Sales
- Retailer
- -
- -
- -
- -
- Horizon Property Management
- Real Estate
- -
- -
- -
- -
- X-Press Autobody & Repair LLC
- Services
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Abarca's Auto | Services | - | - | - | - | |
| Amy's Family Pizzeria | Retailer | - | - | - | - | |
| Beaver Building & Remodeling | Construction | - | - | - | - | |
|
Services | - | - | Double Net | Dec 2032 | |
| Car Nu Auto Sales | Retailer | - | - | - | - | |
| Horizon Property Management | Real Estate | - | - | - | - | |
| X-Press Autobody & Repair LLC | Services | - | - | - | - |
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 08-00-06715-009 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $570,000 |
Property Taxes
Parcel Number
08-00-06715-009
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$570,000
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