For Sale
$3,650,000

1 Allison RdOreland, PA 19075

Pennsylvania Shopping Center - $3.65M

Overview

Added:
Dec 11, 2024
Days on market:
114
Oreland Center, a thriving community retail center in the affluent Philadelphia suburb of Oreland, Pennsylvania, presents a compelling investment opportunity. This 19,386 square foot property, built in the 1950s, comprises two single-story buildings housing twelve units on a 1.55-acre lot. Located at the intersection of Bruce and Allison Roads, its strategic position directly across from Septa's Oreland Station ensures high visibility and accessibility. The center is currently occupied by a mix of local and regional tenants under a triple-net (NNN) lease structure, providing a stable income stream. Situated in Montgomery County, the property benefits from a strong demographic profile, with average household incomes exceeding $129,000 within a five-mile radius. This multi-tenant shopping center offers a rare chance to acquire a well-established asset in a desirable location with significant growth potential. The property's address is 1 Allison Rd, Oreland, PA 19075. This is a turnkey investment opportunity in a high-demand market. The asking price is $3,650,000.

Highlights

  • 19,386 SF community retail center in Oreland, PA.
  • Twelve-unit, two-building property on a 1.55-acre lot.
  • High-visibility location at Bruce & Allison Roads, across from SEPTA's Oreland Station.
  • Triple-net (NNN) leased to a mix of local and regional tenants.
  • Strong demographics: Average household income over $129,000 within a 5-mile radius.
  • Asking price: $3,650,000.

Property Details for 1 Allison Rd

Property type
Lifestyle centers, Power centers
Square Feet
19,386 SF
Buildings
2
Stories
1
Lot Size (sq. ft)
67,518 SF
Units
12

Location Insight

City
Oreland
County
Montgomery
State
Pennsylvania
Latitude
40.117005
Longitude
-75.183479
1 Allison Rd, Oreland, Pennsylvania

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1 Allison Rd
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