Freestanding For Sale • 3,369 SF
| 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 % |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Vitamin Shoppe |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 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 |
| Airport | Drive | Walk | Distance |
| Philadelphia International | 47 min | - | 27.1 mi |
| Trenton Mercer | 41 min | - | 27.7 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 14 |
| Type: | Surface |
| Included in Rent: | Yes |