801 Bethlehem Pike
Flourtown, PA 19031
Tires Plus · Retail Property For Sale
Property Facts
About 801 BETHLEHEM PIKE , FLOURTOWN, PA 19031
- *MAJOR RENTAL INCREASE SCHEDULED FOR SEPT. 2019: Annual rent (NOI) increases $25,000 in 09/19. - Current NOI: $312,489 // Current CAP Rate: 6.25% - NOI as of SEPT. 2019: $337,488 // CAP Rate as of SEPT. 2019: 6.75% - STRONG DEMOGRAPHICS. Affluent consumer base. 15 miles from downtown Philadelphia, PA. - Excellent visibility on busy street. - Tenants within 1 mile include McDonalds, Wawa, Walgreens, Planet Fitness, CVS, Flourtown Country Club, Bank of America, and Dunkin Donuts. - Well established location, in business since 2003. - True NNN lease with corporate backing by Bridgestone/Firestone (BSRO). - 7 years remaining on lease, with options running through 2045. - ** DEAL INCLUDES THE OPEN AND NEIGHBORING PARCEL (801 Bethlehem Pike, 3750 SQ FT LOT SIZE), a development opportunity. ** - Email joelgarber@gmail.com for Offering Memorandum.
Property Taxes
| Parcel Number | 65-00-00742-003 | Improvements Assessment | $900,000 |
| Land Assessment | $400,000 | Total Assessment | $1,300,000 |
Property Taxes
