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763 Bethlehem Pike 10,880 SF Retail Building Montgomeryville, PA 18936 $2,995,000 ($275.28/SF) 5.67% Cap Rate
INVESTMENT HIGHLIGHTS
- RECENTLY EXTENDED, CORPORATELY GUARANTEED LEASE
- ESTABLISHED TENANT
- TWO RENTAL INCREASES IN BASE TERM
EXECUTIVE SUMMARY
TWO RENTAL INCREASES IN BASE TERM
• Next increase on 12/1/2026 ($178,000 - 5.95% cap rate on asking price)
• Mavis has a 5% rental increase in 2026 and a 10% rental increase in 2031 - additional 5% rental increases occur in each five-year option period
• Next increase on 12/1/2026 ($178,000 - 5.95% cap rate on asking price)
• Mavis has a 5% rental increase in 2026 and a 10% rental increase in 2031 - additional 5% rental increases occur in each five-year option period
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,880 SF
Building Class
C
Year Built
1980
Price
$2,995,000
Price Per SF
$275.28
Cap Rate
5.67%
NOI
$169,817
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
1.02 AC
Zoning
C - Central Business District
Parking
31 Spaces (2.85 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 46-00-00163-007 | Improvements Assessment | $369,150 |
| Land Assessment | $269,870 | Total Assessment | $639,020 |
PROPERTY TAXES
Parcel Number
46-00-00163-007
Land Assessment
$269,870
Improvements Assessment
$369,150
Total Assessment
$639,020
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763 Bethlehem Pike
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