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1551 S Valley Forge Rd Lansdale, PA 19446

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For Sale
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Neighborhood shopping center in Lansdale, PA, shadow-anchored by Weis Markets.

Property size:
58,358 SF
Lot size:
14.72 Acres

Property Features for 1551 S Valley Forge Rd

General Information

Size
58,358 SF
Lot size
14.72 Acres

Source: JLL | Philadelphia Agent James Galbally

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


Overview

Service-Oriented Shopping Center Opportunity

North Penn Market Place is a 58,358 square foot, service-oriented neighborhood shopping center in Lansdale, Montgomery County, PA. Offered via condominium interest, the property is 85% leased and shadow-anchored by a high-performing Weis Markets, ranked as the #1 most visited Weis within a 15-mile radius. The merchandising mix includes service-oriented retail uses, medical facilities, food and beverage options, and financial services. The property offers a value-add opportunity to optimize the tenant mix and increase net operating income. It is positioned in an affluent, densely populated suburban marketplace with roadway access, visibility, and proximity to demand drivers. The property has a service-oriented merchandising mix with a weighted average lease term of 4.1 years and a weighted average tenure of 15.8 years. There is an opportunity to re-lease the 8,468 square feet of vacancy directly adjacent to Weis and optionality to spin out of free-standing pads in Key Bank and McDonald’s.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Island Tanning Company Tanning Salon AFC Urgent Care ... Urgent Care Center Italian Delight Of Lansdale Pizza Restaurant Oki Sushi Sushi Restaurant Abacus (Peking Garden) Chinese Restaurant

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Lansdale
County
Montgomery
State
Pennsylvania
Longitude
-75.316357
Latitude
40.227408

FAQs

What type of property is this?
Strip mall - Neighborhood shopping center in Lansdale, PA, shadow-anchored by Weis Markets.
Where is this strip mall located?
The property is located at 1551 S Valley Forge Rd Lansdale, PA.
What are key features of this property?
This property features: - Shadow-anchored by a high-performing Weis Markets, ranked #1 most visited within a 15-mile radius.; - 85% leased with a value-add opportunity to increase NOI.; - Located in an affluent, densely populated suburban area with excellent access and visibility.
More about this property
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