• 308 Macdade Blvd, Collingdale, PA 19023

For Sale

Retail

For Sale

This property is available for sale
0.11
Acres
$150,000
Sale Price
  • Total Building Size
    1,022 RSF
  • Overview

    Suburban Retail Corridor 16,000 VPD Main connecting road from Phila to Delaware County, PA Single Tenant Retail (NNN) Single Tenant (NNN) Retail Property. Tenant in place 7 Years with multiple years left on lease. Thriving Barbershop tenant, who is very happy in this location. Tenant handles all expenses Value Add Potential, since rents are approx. 15-20% below market Current NOI $16,800 | Cash on Cash Return 25%+ (pro-forma NOI $20,400 | future Cash on Cash Return 35%)

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Property Details

Collingdale, PA Retail Property For Sale

Suburban Retail Corridor 16,000 VPD Main connecting road from Phila to Delaware County, PA Single Tenant Retail (NNN) Single Tenant (NNN) Retail Property. Tenant in place 7 Years with multiple years left on lease. Thriving Barbershop tenant, who is very happy in this location. Tenant handles all expenses Value Add Potential, since rents are approx. 15-20% below market Current NOI $16,800 | Cash on Cash Return 25%+ (pro-forma NOI $20,400 | future Cash on Cash Return 35%)

  • Property Type
    Retail
  • Submarket
  • Sale Price
    $150,000
  • Total Building Size
    1,022RSF
  • Total Acres
    0.11
  • Sale Status
    Available
  • Property ID
    2150695

Landlord's Sales Representative

  • Clinton McCartney
    Tru Agent Real Estate