Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    400 West Street Road Warminster, PA

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    NNN leased retail property with established brand and rental increases.

    Property size:
    2,360 SF
    Lot size:
    1.23 Acres
    Price / SF:
    $738/SF
    Added:
    Nov 13, 2024
    Days on Market:
    537
    Last Refresh:
    Apr 5 at 10:51 pm

    Property Features for 400 West Street Road

    General Information

    Standard status
    Active
    Size
    2,360 SF
    Lot size
    1.23 Acres

    We can help!

    Listing Contact
    Steve Garthwaite

    Listing agent Steve Garthwaite

    Listing office Bennett Realty & Development

    Listing date Nov 13, 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 Bennett Realty & Development

    Overview

    Warminster Retail NNN Opportunity

    This retail property, located in Warminster, PA, offers a fee simple ownership structure. The property is currently operating under an absolute NNN lease. The site is large and situated within a dense, affluent retail corridor with a strong national and credit tenant presence. The property is eligible for bonus depreciation and features an experienced operator with over 5 years of lease term remaining. Scheduled rental increases are in place. The property contains 2,360 square feet and is subject to below-market rent.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Shell Gas Station CoinFlip Buy and Sell ... Currency Exchange Service U-Haul Neighborhood Dealer Car Rental Facility Zara halal food Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Warminster
    County
    Bucks
    State
    Pennsylvania
    Longitude
    -75.0921
    Latitude
    40.2017

    Nearby Similar for Sale

    • $1,200

      Renovated Office Space Available

      Recently renovated office space with C1 zoning in Warminster, PA.
      138 YORK ROAD, WARMINSTER, PA 18974
      View Details
    • $1,100,000
      3,764 SF

      Mixed-Use Investment Opportunity, Warminster, PA

      Mixed-use property with multiple income streams and future potential.
      119 YORK Road, WARMINSTER, PA 18974
      View Details
    • $3,200,000

      Warminster Commercial/Industrial Investment Opportunity

      Single-tenant NNN leased property with future availability.
      307 - 312, 406 CAMARS DR, WARMINSTER, PA 18974
      View Details
    • $2,050,000
      7,498 SF

      Medical Office Investment Opportunity

      Single-tenant, net-leased medical office in Warminster Township, Bucks County, PA.
      866 W Bristol Road, Warminster, PA 18974
      View Details
    • Contact for pricing
      32,117 SF

      Retail Space in Warminster, PA

      Retail spaces available in busy Bucks County shopping center.
      800 E Street Road, Warminster, PA 18974
      View Details
    • $1,650,000

      Renovated Auto Dealership/Showroom For Sale

      Renovated auto dealership/showroom with high traffic and multiple uses.
      40 YORK ROAD, WARMINSTER, PA 18974
      View Details
    • $1,100,000

      Mixed-Use Property with Income Streams

      Mixed-use property featuring residential, commercial, and parking income.
      119 York Rd, WARMINSTER, PA 18974
      View Details
    • Contact for pricing
      29,195 SF

      Retail Space Next to Weis

      Retail space available next to Weis Markets in Warminster, PA.
      1133 York Road, Warminster, PA 18974
      View Details
    • Contact for pricing
      14,644 SF

      Retail Property in Dense Market

      Retail property in a high-traffic, densely populated area.
      599 York Rd, Warminster, PA 18974
      View Details
    • $355,000

      Updated Condo in 55+ Community

      Updated 2-bedroom, 2-bathroom condo in desirable 55+ community.
      8109 CENTENNIAL STA, WARMINSTER, PA 18974,
      View Details
    • $1,500,000
      1,296 SF

      Retail Building in Warminster Township

      Retail building for sale in Warminster Township, Bucks County, PA.
      305 E County Line Rd, Warminster, PA 18974
      View Details
    • Contact for pricing
      18,561 SF

      Retail Space Available For Sale

      Retail space for sale with dedicated entrance and shared parking.
      982 West Street Road, Warminster, PA 18974
      View Details

    FAQs

    What type of property is this?
    Retail space - NNN leased retail property with established brand and rental increases.
    Where is this retail space located?
    The property is located at 400 West Street Road Warminster, PA.
    What is the asking price?
    The asking price for this property is $1,742,512.
    What are key features of this property?
    This property features: Strong national/credit tenant presence; Absolute NNN lease; Fee simple ownership
    (732) 837-4060 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Steve Garthwaite
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    400 West Street Road, Warminster, PA

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!