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    3300 Dekalb Pike Norristown, PA 19401

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    For Sale
    $5,580,000

    Single tenant Walgreens with absolute NNN lease in Norristown, PA.

    Property size:
    13,650 SF
    Lot size:
    2.20 Acres

    Property Features for 3300 Dekalb Pike

    General Information

    Size
    13,650 SF
    Lot size
    2.20 Acres

    Source: Legacy Real Estate Advisors Agent Dominic Shamany

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

    Overview

    Freestanding Walgreens in Norristown, PA

    This single-tenant property is a freestanding Walgreens located in Norristown, Pennsylvania. The property operates under an absolute NNN lease structure, assigning zero landlord responsibilities. Situated at the corner of Dekalb Pike and E Township Line Rd, the location benefits from a combined traffic flow of over 36,000 vehicles per day. The surrounding area is densely populated, with over 175,000 residents within a 5-mile radius. The area is considered affluent, with an average household income exceeding $128,000 within a 1-mile radius. The location benefits from a daytime employee population of over 50,600 within a 3-mile radius. The area is projected to experience a population growth of 4.37% within the next 5 years within a 1-mile radius. The property is located approximately 20 miles outside of Philadelphia and has a property size of 13,650 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Walgreens Photo Passport Photo Processor COVID-19 Drive-thru Testing ... Pharmacy FedEx OnSite Mailing Service Walgreens Pharmacy Pharmacy Walgreens Drug Store

    Suggested Use

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

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

    Similar Places Nearby

    GNC at Rite Aid, LaCon's Pharmacy, Mary Moy-Wong, RPh, Cytokine Pharma Sciences, Synergy pharmacy services

    Location Insight

    • Map
    • Local Demand
    City
    Norristown
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.309126
    Latitude
    40.146414

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    FAQs

    What type of property is this?
    Drug store - Single tenant Walgreens with absolute NNN lease in Norristown, PA.
    Where is this drug store located?
    The property is located at 3300 Dekalb Pike Norristown, PA.
    What is the asking price?
    The asking price for this property is $5,580,000.
    What are key features of this property?
    This property features: - Absolute NNN lease structure with zero landlord responsibilities.; - Located in an affluent area: Average household income exceeds $128,000 within a 1 mile radius.; - High traffic location on the corner of Dekalb Pike & E Township Line Rd, experiencing a combined 36K+ vehicles per day.
    (248) 450-3259
    Request Owner's contact information
    3300 Dekalb Pike Norristown, PA 19401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3300 Dekalb Pike Norristown, PA 19401
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