top of page
Multi Tenant Retail
Phoenixville Center
785 Starr Street Phoenixville, PA
Listing Price: $7,928,050
Cap Rate
Contact For Details
Net Operating Income
Contact For Details
Occupancy
100%
Lot Size
3.77 Acres
Number of Tenants
Twelve (12)
Parking Spaces
150 Spaces
Year Built
2007
Investment Highlights:
Exclusivley Listed By:
SENIOR VICE PRESIDENT INVESTMENTS
DERRICK DOUGHERTY
(215) 531-7026
ACME SHADOW ANCHORED CENTER
» Grocery store attracts over 644,000 customers on an annual basis creating good synergy among the inline tenants
PREDICTABLE INCOME STREAM | 100% OCCUPIED & NNN LEASES
» All 12 units are currently occupied with the tenants reimbursing for their natural pro-rata share of expenses
FULLY ZONED AND APPROVED PAD SITE INCLUDED
» 8,900 SF building approved for construction on the pad site
HEALTHY MANAGEMENT FEE / ADMINISTRATIVE FEE BILLING & COLLECTIONS
» On top of the 4% mgmt. fee, many of tenants reimburse an admin fee equal to 15% of all common area expenses and for a management fee
CHESTER COUNTY – WEALTHIEST IN THE STATE OF PENNSYLVANIA
» AHHI in the immediate submarket ranges from $101K to $136K
bottom of page