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500 W Germantown Pike

195,504 SF 100% Leased 4-Star Retail Building Plymouth Meeting, PA 19462 $24,459,129 CAD ($125 CAD/SF) 5.75% Cap Rate

Investment Highlights

  • Rental increases built into initial lease term & options
  • Completely "hands-off" investment
  • Rare CPI adjustments in base term & options

Executive Summary

Contact broker for details!

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Department Store
Building Size
195,504 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1965/2019
Price
$24,459,129 CAD
Price Per SF
$125 CAD
Cap Rate
5.75%
NOI
$1,406,400 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.07
Land Acres
4.18 AC
Zoning
SC - Shopping Center District
Frontage
438 ft on W Germantown Pike

Nearby Major Retailers

Whole Foods Market
Miller's Ale House
Starbucks
Republic Bank
Shake Shack
Bertucci's
Cyclebar
Sarku Japan
P.F. Chang's
Benihana

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
49-00-04129-007
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$8,439,443 CAD
  • Listing ID: 28429637

  • Date on Market: 2023-05-08

  • Last Updated:

  • Address: 500 W Germantown Pike, Plymouth Meeting, PA 19462

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