Community Retail Center For
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1 Allison Rd, Oreland, PA 19075
Community retail center in affluent Philadelphia suburb, Montgomery County, PA.
Property Size19,386 SF
Price / SF$188.28
Days on Market652
Property Features for 1 Allison Rd
General Information
Standard status
Active
Size
19,386 SF
Property subtype
Retail
Listing Agency:
Delphi Property Group LLC
(215) 627-7300
Listed By:
Jamie Weiner · License #RM422933
Source:
Crexi
Added: Oct 17, 2024
Changed: Jul 6
Last Checked: Jul 30 at 4:24PM
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
Investment Insights
Based on property information with market context.
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.
Key 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.
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
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
NOI $780,572 @ 7.0% cap · market cap 21.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
338
Businesses Nearby
3k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 100%
Stanley's Of Oreland True Valu
Home Improvements & Furnishings
3,249 visits/mo
0.1 miles
Demographics for 19075, PA
7,698
Population
3,016
Households
2.6
Avg Household Size
41
Median Age
57%
College-Educated
98%
High-School Grad
1.9 sq mi
ZIP Area
4,052
Density / Sq Mi
$117,356
Median Household Income
$66,658
Median Earnings
$1,204
Median Rent
$415,400
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
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.
