210 N Chester Pike | Glenolden, PA 19036
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210 N Chester Pike
Glenolden, PA 19036
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Corporate Guarantee – Caliber Collision is the #1 auto body repair provider in the country with 1,600+ locations across 41 states.
- Strong Rent Growth – 10% increases every 5 years helps tackle inflation.
- Minimal Landlord Responsibilities – Tenant takes care of taxes, insurance, and maintenance excluding structural related items.
- Long-term Remaining – Caliber signed a 15-year lease in 2017 after a conversion from a smaller collision tenant, leaving 8+ years remaining.
- The subject property underwent significant renovation in 2019 and benefitted from a new roof in 2021 that came with a 20- year roof warranty.
EXECUTIVE SUMMARY
Broker of Record | Kyle Matthews | License No. RB068831 (PA)
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
17,527 SF
Building Class
C
Year Built
2017
Price
$2,603,700 CAD
Price Per SF
$149 CAD
Cap Rate
6.90%
NOI
$179,677 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.44
Lot Size
0.92 AC
Zoning
B-1
PROPERTY TAXES
| Parcel Number | 21-00-00330-00 | Improvements Assessment | $454,388 CAD |
| Land Assessment | $1,371,248 CAD | Total Assessment | $1,825,636 CAD |
PROPERTY TAXES
Parcel Number
21-00-00330-00
Land Assessment
$1,371,248 CAD
Improvements Assessment
$454,388 CAD
Total Assessment
$1,825,636 CAD
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