1620 Baltimore Pike, Chadds Ford, PA
Shopping center in historic Chadds Ford with frontage on Route 1.
- Added:
- Feb 16, 2024
- Days on Market:
- 858
- Last Refresh:
- May 20 at 8:14 pm
Property Features for 1620 Baltimore Pike
General Information
- Standard status
- Active
- Size
- 15,100 SF
- Lot size
- 1.73 Acres
- Property subtype
- RETAIL
Listing agent James R Pinckney (610) 453-2569
Listing office Zommick McMahon Commercial Real Estate (610) 453-2569
Listing date Feb 16, 2024
Source Moodyscre
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 Zommick McMahon Commercial Real Estate
HighLights
- Excellent frontage on heavily traveled Route 1/Baltimore Pike.
- Located in the heart of historic Chadds Ford, PA.
- Anchor tenants include USPS and Agave restaurant.
- Situated at a traffic light intersection.
- 15,100 SF building size.
- 2‑acre property size.
Overview
Local Financial Insights For Specialty 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 | $271.8k | $18.00 |
| − Vacancy | −$13.0k | −$0.86 |
| EGI | $258.8k | $17.14 |
| − OpEx | −$64.7k | −$4.28 |
| NOI | $194.1k | $12.85 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Chadds Ford
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.6489
- Latitude
- 39.8703
