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324-332 S York Rd
Hatboro, PA 19040
Retail Property For Sale
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
Property Taxes
| Parcel Number | 08-00-06715-009 | Improvements Assessment | $129,670 |
| Land Assessment | $440,330 | Total Assessment | $570,000 |
Property Taxes
Parcel Number
08-00-06715-009
Land Assessment
$440,330
Improvements Assessment
$129,670
Total Assessment
$570,000
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