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324-332 S York Rd
Hatboro, PA 19040 Horsham/Willow Grove

$3,227,000 USD

Auto Repair For Sale  •  17,416 SF

Property Details

  • Property Type Auto Repair
  • Total Building Size 17,416 SF
  • Lot Size 1.17 AC
  • Building Class C
  • Year Built 1950
  • Cap Rate 7.71 %
  • Tenancy Multiple
  • Zoning RC2,Hatboro Boro
50 Transit Score
50 Walk Score

Highlights

17,416-SF Multi Tenant Center Occupied by a Local Restaurant and Corporate Caliber Collision on a +/-1.17-Acre Lot
Caliber Has 7 Years Remaning on a NNN Lease With No Landlord Responsibilities | Restaurant Tenant Operates Under a NN Lease
Caliber Lease Features a 10% Rental Increases Every 5 Years Throughout the Primary Term and Each of Two, 5-Year Option Periods
Restaurant Tenant Has 2 Years Remaining With 3% Annual Rental Increases
Located in Downtown Hatboro, a Borough in Montgomery County, PA and Apart of the Philadelphia–Camden–Wilmington MSA
Situated Along York Road, a Major Thoroughfare Of Hatboro, Running South into Downtown Philadelphia Seeing 17,000 Vehicles Per Day

Property Flyers

Cap Rate: 7.71 %

Major Tenants

Tenant SF Occupied Lease End Date
Abarca's Auto
Amy's Family Pizzeria
Beaver Building & Remodeling
Caliber Collision 12/31/2032
Car Nu Auto Sales
Horizon Property Management
X-Press Autobody & Repair LLC

Amenities

  • Pylon Sign

Public Transportation

Commuter RailDriveWalkDistance
Hatboro (R2 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail)) 2 min 10 min 0.5 mi
Warminster (R2 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail)) 6 min - 2.9 mi
AirportDriveWalkDistance
Trenton Mercer 39 min - 21.8 mi
Philadelphia International 53 min - 31.0 mi
Darpan Patel 513-325-8682 Marcus & Millichap
Darpan Patel 513-325-8682 Marcus & Millichap