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1817 Old York Rd
Abington, PA 19001 Horsham/Willow Grove

$1,732,000 USD

Freestanding For Sale  •  3,369 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 3,705 SF
  • Lot Size 0.52 AC
  • Building Class C
  • Year Built 1960
  • Cap Rate 6.25 %
  • Tenancy Single
  • Zoning F1
0 Transit Score
82 Walk Score

Highlights

Situated along Old York Road (Route 611), one of Montgomery County’s primary commercial corridors with daily traffic counts reaching 31,492 VPD
Vitamin Shoppe has successfully occupied this location for 25-years with several lease renewals, including their most recent 5yr extension
The subject property lease is corporately guaranteed by Vitamin Shoppe Industries LLC and features 2% annual rental increases
NNN lease structure, with the tenant responsible for taxes, insurance, and CAM as well as repair/replacement of HVAC, sidewalks, and parking lot
Philadelphia MSA infill location and close proximity to major medical destinations
Strong real estate fundamentals - the property benefits from immediate adjacency to a cluster of health and fitness-oriented users along Old York Road
Cap Rate: 6.25 %

Major Tenants

Tenant SF Occupied Lease End Date
Vitamin Shoppe

Public Transportation

Commuter RailDriveWalkDistance
Crestmont (R2 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail)) 1 min 7 min 0.4 mi
Willow Grove (R2 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail)) 2 min 16 min 0.7 mi
AirportDriveWalkDistance
Philadelphia International 47 min - 27.1 mi
Trenton Mercer 41 min - 27.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 14
Type: Surface
Included in Rent: Yes
Matthew Gorman 215-603-6914 CBRE, Inc.
Matthew Gorman 215-603-6914 CBRE, Inc.