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36 W Ridge Pike
Limerick, PA 19468

$13,570,000 USD

Supermarket For Sale  •  23,259 SF

Property Details

  • Property Type Supermarket
  • Total Building Size 23,259 SF
  • Lot Size 3.23 AC
  • Building Class A
  • Year Built 2026
  • Cap Rate 5.75 %
  • Tenancy Multiple
  • Zoning C
10 Transit Score
30 Walk Score

Highlights

15 Year Corporate Lease featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options.
Strong Tenant - Sprouts (NASDAQ: SFM) is one of the Largest Specialty Retailers of Fresh, Natural and Organic Food in the U.S.
Average Household Income Approximates $184k+ with 53.5 Percent Bachelor’s Attainment, 83.1 Percent Owner-Occupancy.
Within a 55,200 Sq.Ft. Retail Node - Walgreens, McDonald’s, Citadel Credit Union and Childtime Childcare on site, plus an approved 12,000 Sq.Ft.
In Close Proximity to Numerous National Retailers, including Target, ALDI, Walgreens, Planet Fitness, Petco, Ross Dress for Less, GIANT, Staples.
Cap Rate: 5.75 %

Major Tenants

Tenant SF Occupied Lease End Date
SPROUTS FARMERS MARKET 23,259 SF 10/31/2041

Amenities

  • 24 Hour Access
  • Bus Line
  • Corner Lot
  • Dedicated Turn Lane
  • Food Court
  • Freeway Visibility
  • Pylon Sign
  • Restaurant
  • Security System
  • Signage
  • Signalized Intersection
  • Tenant Controlled HVAC
  • Kiosk/Cart Space
  • Wheelchair Accessible
  • Storage Space
  • Recessed Lighting
  • Monument Signage
  • Air Conditioning
  • Smoke Detector
  • On-Site Security Staff

Public Transportation

AirportDriveWalkDistance
Philadelphia International 62 min - 40.8 mi
Lehigh Valley International 66 min - 42.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Timothy Stephenson, Jr. 215-531-7050 Marcus & Millichap
Timothy Stephenson, Jr. 215-531-7050 Marcus & Millichap