For Sale
$4,295,000

909 Willow Grove Ave Wyndmoor, PA 19038

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

Overview

Added:
Dec 11, 2024
Days on market:
135
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

FAQs

What type of property is this?
Retail property - Six-unit, 9,050 SF NNN retail center.
Where is the retail property located?
The property is located at 909 Willow Grove Ave Wyndmoor, PA.
What is the asking price?
The asking price for this property is $4,295,000.
What are key features of this property?
This property features: 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.
How can I contact the broker?
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909 Willow Grove Ave
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