845 Montgomery Ave Penn Valley, PA 19072
High-yield NNN-leased auto shop
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 135
Highlights
- 100% occupied, 1,200 SF auto repair shop in Narberth, PA, on a corner lot.
- New 7-year NNN lease with Caliber Collision commencing September 2024, generating $72,000 annual income, plus two 5-year renewal options.
- Caliber Collision, a national operator with over 1,700 locations, provides strong tenant stability.
- Located in an affluent area with average household income exceeding $174,000 within 1 mile and over 500,000 residents within 5 miles.
- Excellent location near major retailers and amenities, including Wawa, Staples, and Acme Markets.
- Building features four 16' ft. high roll-up doors; three stalls equipped with lifts.
Property Details for 845 Montgomery Ave
- Property type
- Retail properties, Auto shops
- Square Feet
- 1,200 SF
- Year Built
- 1970
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 6,970 SF
Location Insight
- City
- Penn Valley
- County
- Montgomery
- State
- Pennsylvania
- Latitude
- 40.0110839
- Longitude
- -75.2585477
Nearby Comparable
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-yield NNN-leased auto shop
- Where is the retail property located?
- The property is located at 845 Montgomery Ave Penn Valley, PA.
- What are key features of this property?
- This property features: 100% occupied, 1,200 SF auto repair shop in Narberth, PA, on a corner lot.; New 7-year NNN lease with Caliber Collision commencing September 2024, generating $72,000 annual income, plus two 5-year renewal options.; Caliber Collision, a national operator with over 1,700 locations, provides strong tenant stability.
- How can I contact the broker?
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