707 W Lancaster Ave | Wayne, PA 19087
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- LoopNet Team
707 W Lancaster Ave
Wayne, PA 19087
Curaleaf Cannabis Dispensary (Philly MSA) · Retail Property For Sale
Investment Highlights
- Triple Net (NNN) Lease With Two, Five-Year Tenant Renewal Options
- New Location, Recently Renovated Per Tenant Specs
- Wayne is a Highly Affluent Philadelphia Suburb and is One of the Wealthiest Areas in the Nation
- 10% Rent Increases Every 5 Years Throughout Base Term and Option Periods – With Next Rent Increase Taking Place on July 1, 2027
- Average Annual Household Income in One Mile of the Property is $198,185, and Expected to Reach $232,657 by 2028
- Curaleaf Has the Largest Geographical Reach of Any American Cannabis Company, Operating in 17 States With 151 Total Retail Locations
Property Facts
Property Type
Retail
Property Subtype
Building Size
3,050 SF
Building Class
C
Year Built
1990
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.46 AC
Zoning
C1
Amenities
- Pylon Sign
Property Taxes
| Parcel Number | 43-11F-0207.0000 | Improvements Assessment | $289,710 |
| Land Assessment | $166,870 | Total Assessment | $456,580 |
Property Taxes
Parcel Number
43-11F-0207.0000
Land Assessment
$166,870
Improvements Assessment
$289,710
Total Assessment
$456,580
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