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    Community Retail Center For Sale Title is generated by Realmo AI

    1 Allison Rd, Oreland, PA 19075

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    Community retail center in affluent Philadelphia suburb, Montgomery County, PA.

    Type:Retail
    Property size:
    19,386 SF
    Price / SF:
    $188/SF
    Added:
    Oct 17, 2024
    Days on Market:
    606
    Last Refresh:
    May 12 at 9:35 pm

    Property Features for 1 Allison Rd

    General Information

    Standard status
    Active
    Size
    19,386 SF
    Property subtype
    Retail

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    Listing Contact
    Jamie Weiner

    Listing agent Jamie Weiner License #RM422933

    Listing office Delphi Property Group LLC

    Listing date Oct 17, 2024

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Delphi Property Group LLC

    HighLights

    • Affluent location in Oreland, PA, a desirable Philadelphia suburb.
    • High household income: Average household incomes exceed $129,000 within a 5‑mile radius.
    • Convenient location at the intersection of Bruce and Allison Roads.
    • Public transportation access directly across from Septa's Oreland Station.
    • ±19,386 square feet of retail space in this community retail center.
    • Established center constructed in the 1950s.

    Overview

    Constructed in the 1950s, this community retail center comprises approximately 19,386 square feet. It is occupied by local and regional tenants. The property is located at the intersection of Bruce and Allison Roads, directly across from Septa's Oreland Station in Oreland, PA. Oreland is an affluent and established Philadelphia suburb in Montgomery County, PA, with average household incomes exceeding $129,000 within a 5-mile radius.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $348.9k $18.00
    − Vacancy −$14.7k −$0.76
    EGI $334.3k $17.24
    − OpEx −$100.3k −$5.17
    NOI $234.0k $12.07
    19,386 SF · lease $18.00/SF/yr · vacancy 4.20% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $3.34M
    $2.93M – $3.90M (±1% cap)
    NOI $234,005 @ 7.0% cap · market cap 6.41%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $11.15M
    $9.76M – $13.01M (±1% cap)
    NOI $780,572 @ 7.0% cap · market cap 21.39%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oreland
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.183347
    Latitude
    40.11676

    FAQs

    What type of property is this?
    Shopping center - Community retail center in affluent Philadelphia suburb, Montgomery County, PA.
    Where is this shopping center located?
    The property is located at 1 Allison Rd Oreland, PA.
    What is the asking price?
    The asking price for this property is $3,650,000.
    What are key features of this property?
    This property features: Affluent location in Oreland, PA, a desirable Philadelphia suburb.; High household income: Average household incomes exceed $129,000 within a 5‑mile radius.; Convenient location at the intersection of Bruce and Allison Roads.
    (215) 627-7300 Call to check price and availability
    More about this property
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