Log In/Sign Up
Your email has been sent.
4453 Penn Ave 20,000 SF 100% Leased Retail Building Sinking Spring, PA 19608 $2,000,000 ($100/SF) 7.10% Cap Rate
Investment Highlights
- 20 leased units with a mix of office, retail, service, studio and residential tenants
- Parking: 70 spaces (3.5 spaces per 1,000 SF)
- +/- 20,000 SF total building situated on 2.8 acres
- Demographics within 5mi: Population: 103,199 & AHI +/- $104,946
Executive Summary
20 leased units with a mix of office, retail, service, studio and residential tenants
+/- 20,000 SF total building situated on 2.8 acres
Located right off Ben Franklin Pkwy (Route: 422)
Demographics within 5mi: Population: 103,199 & AHI +/- $104,946
Parking: 70 spaces (3.5 spaces per 1,000 SF)
+/- 20,000 SF total building situated on 2.8 acres
Located right off Ben Franklin Pkwy (Route: 422)
Demographics within 5mi: Population: 103,199 & AHI +/- $104,946
Parking: 70 spaces (3.5 spaces per 1,000 SF)
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
20,000 SF
Building Class
C
Year Built
1900
Price
$2,000,000
Price Per SF
$100
Cap Rate
7.10%
NOI
$142,000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.16
Lot Size
2.82 AC
Zoning
C-1 - Neighborhood Commercial, allowing for a wide variety of retail, office, service and other uses.
Parking
70 Spaces (3.5 Spaces per 1,000 SF Leased)
Frontage
154’ on Penn Ave
Amenities
- Pylon Sign
- Storage Space
- Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 79-4376-12-86-9524 | Improvements Assessment | $261,100 |
| Land Assessment | $296,100 | Total Assessment | $557,200 |
Property Taxes
Parcel Number
79-4376-12-86-9524
Land Assessment
$296,100
Improvements Assessment
$261,100
Total Assessment
$557,200
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
4453 Penn Ave