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444 W Ridge Pike 2,499 SF Retail Building Royersford, PA 19468 $1,100,000 ($440.18/SF) 5% Cap Rate
Investment Highlights
- Located at a major intersection on Ridge pike. Neighbors include WaWa and a soon to be completed Sheetz.
Executive Summary
Tenant lease expires on June 30,2027. Tenant will sign for an additional ten years. Tenant is also open to a buyout. Existing lease is NNN.
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,499 SF
Building Class
C
Year Built
1951
Price
$1,100,000
Price Per SF
$440.18
Cap Rate
5%
NOI
$55,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.95 AC
Zoning
MS Main Street District - Many commercial uses within this district.
Parking
80 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
200’ on Ridge Pike
Amenities
- Pylon Sign
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Kellys World Class Automotive
- Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Kellys World Class Automotive | Services | - | - | - |
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 37-00-03790-007 | Improvements Assessment | $8,840 |
| Land Assessment | $101,320 | Total Assessment | $110,160 |
Property Taxes
Parcel Number
37-00-03790-007
Land Assessment
$101,320
Improvements Assessment
$8,840
Total Assessment
$110,160
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444 W Ridge Pike
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