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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:

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FIRST VICE PRESIDENT INVESTMENTS
SCOTT WOODARD

(215) 531-7058
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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

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2005 Market Street, Suite 1510

Philadelphia, PA 19130

(215) 531-7000

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