49 Lancaster Ave Paoli, PA 19301
Main Line PA, Net Lease, High ROI
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 135
Highlights
- $4,200,000 asking price for a 4,700 SF retail property.
- Net lease with a credit-rated Chase Bank tenant.
- 15-year lease remaining (expires 10/31/2039), with 10% rent bumps every five years and option periods.
- 5.00% cap rate and $210,000 annual NOI.
- Located at 49 E Lancaster Ave, Paoli, PA 19301, in the affluent Chester County, part of the Philadelphia MSA.
Property Details for 49 Lancaster Ave
- Property type
- Retail properties, Banks
- Square Feet
- 4,700 SF
- Year Built/Renovated
- 1987/2021
- Buildings
- 1
- Lot Size (sq. ft)
- 4,792 SF
Location Insight
- City
- Paoli
- County
- Chester
- State
- Pennsylvania
- Latitude
- 40.0423428
- Longitude
- -75.480888
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - Main Line PA, Net Lease, High ROI
- Where is the retail property located?
- The property is located at 49 Lancaster Ave Paoli, PA.
- What is the asking price?
- The asking price for this property is $4,200,000.
- What are key features of this property?
- This property features: $4,200,000 asking price for a 4,700 SF retail property.; Net lease with a credit-rated Chase Bank tenant.; 15-year lease remaining (expires 10/31/2039), with 10% rent bumps every five years and option periods.
- How can I contact the broker?
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