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860 E. Baltimore Pike, Kennett Square, PA
Kennett Square, PA 19348
Walgreens · Retail Property For Sale
Investment Highlights
- Investment-grade tenants; corporate guarantees with nationally recognized companies
- TD Bank lease features two 10% rental increases in the remaining lease term providing a hedge against inflation
- Properties have double drive-thrus and tenants are essential businesses
- Situated on a signalized hard corner with direct frontage on E. Baltimore Pike Rd.
- Walgreens lease is absolute NNN – Zero landlord responsibilities
- Located on heavily traveled E. Baltimore Pike Rd. (+/- 37,000 VPD)
Property Facts
Property Type
Retail
Property Subtype
Drug Store
Building Size
17,233 SF
Building Class
B
Year Built
2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
6.70 AC
Zoning
MU
Parking
60 Spaces (3.48 Spaces per 1,000 SF Leased)
Frontage
104’ on Baltimore Pike Pike
Amenities
- Banking
- Corner Lot
- Pylon Sign
- Signalized Intersection
- Drive Thru
Property Taxes
| Parcel Number | 6106 01030000 | Improvements Assessment | $3,324,110 |
| Land Assessment | $700,290 | Total Assessment | $4,024,400 |
Property Taxes
Parcel Number
6106 01030000
Land Assessment
$700,290
Improvements Assessment
$3,324,110
Total Assessment
$4,024,400
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