For more information on this property, contact Brett Furman at 610-687-6060 or brett@brettfurman.com

8699 West Chester Pike
Upper Darby, Pennsylvania PA 19082-1115
Price: $2,600,000
Listing ID PADE2009410
Status ACTIVE
SqFt 23,547
Acres 1.400
Year Built 1953

Property Description:

(LARGE STREET FRONTAGE )1.40 Acres / 60,600 /Sqft SELLER - LEASEBACK Income-producing assemblage of parcel Taxes are combined for the whole parcel FULLY LEASED (6.5 Cap Rate) Multiple Mixed-Use of over 18 K Sq Ft. Excellent opportunity for an income-producing investment/1031 Exchange! Highly visible property consisting of Five(5) Buildings of Multiple Mixed-Use: Office/Retail/Medical/Dental/Storage/Warehouse plus 1 Apartment Unit, 5 Garage, and approximately 60 Private Parking Spots directly off West Chester Pike/Rt 3, and all currently leased. Two ingress/egress from West Chester Pike/Rt 3. Total Rental Yearly Income $252,722 / $21,060/MONTHLY; NOI, $169,439/ANNUALLY. Over 18,100k Sq Ft of total rentable square footage. Unit sizes vary from 700 Sq Ft to 3,381 Sq Feet. Tall Pole Signage is available. The property has been very well maintained. Conveniently located for quick access to Rt 3, 476, I-95, Center City, Philadelphia; with close proximity to many other retail shops, banks, restaurants, and Public Transportation. TAX ID's16-08-02796-00 and 16-08-02767-03. Buyer to confirm information, including square footage, acreage, and cap rate. Documents available: Parcel Maps, County Property Records, Rental Roll Details, and Net Operating Income.

Primary Features

County: Delaware
Price/SqFt: 110.42
Property Sub Type: Mixed Use
Property Type: Commercial Sale
Year Built: 1953
Zoning: C-60

Interior

Building Total SqFt Source: Estimated
Central Air: yes
Cooling Type: Central A/C
Heating: yes
Heating Type: Other

External

Car Parking Spaces: 60
Construction Materials: Stone, Rock, Masonry, Concrete, Cast Iron Plumbing, Copper Plumbing, Masonite
Cooling Fuel: Electric
Drive In Door Height: 8' to 12'
Fencing: Y
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Lot Size Source: Estimated
Lot Size Units: Square Feet
Navigable Water: no
New Construction: no
Parking Features: Handicap Parking, Paved Parking, Private
Road Surface Type: Black Top
Roof: Architectural Shingle
Sewer Septic: Public Sewer
Tidal Water: no
Total Drive In Doors: 6
Total Garage and Parking Spaces: 61
Total Loading Docks: 1
Truck/Trailer Parking Spaces: 1
Type of Parking: Parking Lot
Utilities: Above Ground, Phone Available, Natural Gas Available, Electric Available, Phone Connected, Sewer Available, Water Available
Water Access: no
Water Oriented: no
Water Source: Public
Water View: no

Location

Country: US
Location Type: Business District
MLS Area: Upper Darby Twp (10416)
Municipality: UPPER DARBY TWP
Transportation: Bus Stop less than 1 mile, Commuter Rail Station 1 to 5 miles, Airport less than 10 miles
Waterfront: no
Zoning Description: CLASS : C

Additional

Accessibility Features: Other
Builder Name: Mc Investments
Building Classification: Class C
Building Permits: On Hand
Business Type: Institutional, Manufacturing, Warehouse, Medical, Storage, Day Care Facility, Garden Center, Hair Salon and Spa, Other/General Retail
Days on Market: 193
Historic: no
Land Use Code: Commercial
Municipal Trash: no
Potential Tenancy: Multiple
Property Condition: Excellent
Property Manager: N
Property Use: Investment
Total Levelers: 2
Year Assessed: 2022
Year Built Source: Estimated

Financial

Acceptable Financing: Cash, Conventional
Association Recreation Fee: N
Automatically Update Tax Values: yes
Cap Rate: 6.52
Exclusions: Lessee's possessions
Gross Income: 245141
Ground Rent Exists: no
Income Includes: Shop Rentals, Professional Offices, Apartment Rentals, Other
Net Operating Income: 169439
Net SqFt: 23547
Operating Expense Includes: Snow Removal, Trash, Water, Heating/Cooling, Insurance, Landscaping, Parking, Sewer
Ownership Interest: Fee Simple
Possession: Negotiable
Riparian Rights: no
Sale Type: Standard
Tax Annual Amount: 53702
Tax Assessed Value: 218840
Tax Data Updated: no
Tax Lot: 003-001
Tax Opportunity Zone: N
Tax Year: 2022
Total Actual Rent: 252722
Vacation Rental: no

Zoning Info


© 2022 Bright MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing courtesy of Coldwell Banker Realty. Data last updated on Tuesday, August 16th, 2022 10:46:30 PM.

Contact - Listing ID PADE2009410

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Brett Furman

528 East Lancaster Avenue
St. Davids, PA 19087
Phone: 610-687-6060
Phone Alt: 610-687-6060

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