8116 Church RdElkins Park, PA 19027

  • Other commercial real estate
  • 108,116 SF
For Sale

Property Details for 8116 Church Rd

Year built
2024
Property size (Sq ft)
108,116 SF
Property type
Other commercial real estate
Property subtype
Self storage facilities

Description

This exceptional opportunity presents a permitted self-storage development project in Elkins Park, Pennsylvania. Located at 8116 Church Rd, Montgomery County, the 1.23-acre site offers 108,116 square feet of net rentable space, slated for completion in 2024. The project involves demolishing an existing skating rink to construct a modern self-storage facility, incorporating four indoor pickleball courts and associated retail space. This development benefits from a strong demographic profile, with a high population density (634,233 within a 5-mile radius) and significant projected growth (2.4%). The area boasts a median household income of $72,713 and an average household income of $96,248 within a 3-mile radius. Furthermore, the low competition, reflected in a 3-mile NRSF per capita of 1.70 and a 5-mile NRSF per capita of 2.75, positions this project for strong market performance. A value-add opportunity exists with the seller's willingness to lease back the pickleball courts and handle the demolition of the existing ice rink. The zip code is 19027. This is a unique chance to capitalize on a thriving market with a permitted project ready for immediate development.

8116 Church Rd, Elkins Park, Pennsylvania

Location Insight

City
Elkins Park
County
Montgomery
State
Pennsylvania
Latitude
40.0777
Longitude
-75.1293

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