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233 Morton Ave
Folsom, PA 19033

$2,756,000 USD

Freestanding For Sale  •  3,276 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 3,276 SF
  • Lot Size 0.37 AC
  • Year Built 1985
  • Tenancy Single
  • Zoning C-1
0 Transit Score
83 Walk Score

Highlights

New 15-year NNN lease with rare 3% annual rent increases and minimal landlord responsibilities
Wonder, parent company of GrubHub, $2 billion in revenue, offers an exclusive menu of 350+ “fine fast” dishes from well-known chefs and restaurants
Wonder’s dine-in, take-out and delivery concept is expanding rapidly with 93 locations currently open, and plans for 28 more locations in 2026
Wonder was recently valued at $7+ billion with a new $600 million investment round from Google Ventures, New Enterprise Associates, Accel, Forerunner
Wonder Group, Inc., founded by Marc Lore (Jet.com; Walmart), acquired Grubhub, Blue Apron, and Tastemade over the last three years for more than $840M
Affluent Philadelphia Metropolitan Area single tenant net lease investment opportunity on a busy commercial corridor with parking on site

Amenities

  • Bus Line
  • Corner Lot
  • Pylon Sign
  • Signage
  • Signalized Intersection

Public Transportation

Commuter RailDriveWalkDistance
Ridley Park (R2 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail)) 1 min 16 min 0.7 mi
Crum Lynne (R2 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail)) 3 min - 1.3 mi
AirportDriveWalkDistance
Philadelphia International 11 min - 6.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 13
Type: Surface
Included in Rent: Yes
Christopher Sheldon 415-713-8578 Cushman & Wakefield
Christopher Sheldon 415-713-8578 Cushman & Wakefield