For Sale
$4,295,000

909 Willow Grove AveWyndmoor, PA 19038

Six-unit, 9,050 SF NNN retail center.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a 9,050 square foot, six-unit retail condominium strip center located at 909 E Willow Grove Ave, Wyndmoor, PA 19038. The property, built in 2019, boasts a 100% occupancy rate and a 7.00% cap rate, making it an attractive net lease (NNN) investment. Each of the six Class A retail units is individually parceled, sub-metered, and managed by the condominium association, simplifying ownership and management. Situated in a thriving mixed-use development totaling 27,000 square feet, this property benefits from its location approximately half a mile from the Philadelphia County line. The strong demographics of the area are evident, with 167,000 residents within a three-mile radius and an average household income of $95,000. The property is zoned B1 - Business and features rent bumps. The asking price is $4,295,000, translating to a price per square foot of $474.59. This offering represents a compelling passive investment opportunity in a resilient asset class and a high-demand location. The property is part of a larger development that also includes residential condominiums, but this offering focuses solely on the six retail units.

Highlights

  • 9,050 SF retail condo strip center in Wyndmoor, PA.
  • 100% occupied, offering exceptional passive investment potential.
  • Located ½ mile from Philadelphia County line, in a thriving mixed-use development.
  • Built in 2019; six Class A retail units, individually parceled, sub-metered, and condo-managed.
  • Strong demographics: 167,000 residents within 3 miles, $95,000 average household income.

Property Details for 909 Willow Grove Ave

Property type
Retail properties, Retail space
Square Feet
9,050 SF
Class
A
Year Built
2019
Units
6

Location Insight

City
Wyndmoor
County
Montgomery
State
Pennsylvania
Latitude
40.08262212
Longitude
-75.18865549
909 Willow Grove Ave, Wyndmoor, Pennsylvania

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909 Willow Grove Ave
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