Caliber Collision-Anchored
For Sale
$3,227,000
332 S York Rd, Hatboro, PA 19040
For sale retail and automotive center anchored by Caliber Collision.
Property Size17,416 SF
Price / SF$185.29
Days on Market115
Property Features for 332 S York Rd
General Information
Standard status
Active
Size
17,416 SF
Property subtype
Shopping Strip
Additional Details
Cap Rate
7.71%
Amenities
17,416 Square Foot Multi-Tenant Center Occupied by a Local Restaurant and Corporate Caliber Collision on an Approximately 1.17-Acre Lot
Caliber has Seven Years Remaining on a Triple-Net Lease with No Landlord Responsibilities | Restaurant Tenant Operates under a Double-Net Lease with Minimal Landlord Responsibilities
Caliber Lease Features a 10% Rental Increases Every 5 Years Throughout the Primary Term and Each of Two, 5-Year Option Periods | Restaurant Tenant Has 2 Years Remaining With 3% Annual Rental Increases
Located in Downtown Hatboro, a Borough in Montgomery County, PA and Apart of the Philadelphia–Camden–Wilmington MSA
Situated Along York Road, a Major Thoroughfare Of Hatboro, Running South into Downtown Philadelphia Seeing 17,000 Vehicles per Day
Easy Access to Interstate 276 / Pennsylvania Turnpike, a Major Toll Road Connecting Pittsburgh to Philadelphia, Seeing 94,800 Vehicles per Day
25 Miles From Downtown Philadelphia, the Most Populous City in Pennsylvania and the Sixth Most Populous in the US. The Philadelphia Metro Area Has a Population Of Over 6.3 Million
Nearby Tenants Include Dollar General, Wawa, Home Depot, McDonald's, Giant, Staples, FedEx, Dunkin', Fresenius and Many More.
Building Details
Building Size
17,416 SF
Year Built
1950
Listed By:
Timothy B. Stephenson Jr. · License #License(s) PA: RMR006104
(215) 531-7000
Source:
Marcusmillichap
Added: May 14
Changed: Aug 8
Last Checked: Sep 5 at 3:42AM
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 Timothy B. Stephenson Jr.
Investment Insights
Based on property information with market context.
This offering presents a Caliber Collision-anchored center featuring a retail and automotive-focused configuration. The property is marketed as a strip mall/shopping center-style asset with automotive and retail property characteristics.
The center is located at 332 S York Rd in Hatboro, Pennsylvania, and is presented as a Caliber Collision-anchored site.
The listing information includes the property’s total size of 17,416 square feet and an asking price of $3,227,000.
The center is located at 332 S York Rd in Hatboro, Pennsylvania, and is presented as a Caliber Collision-anchored site.
The listing information includes the property’s total size of 17,416 square feet and an asking price of $3,227,000.
Key Highlights
- Caliber Collision‑anchored retail and automotive center for sale in Hatboro, Pennsylvania
- Property year built: 1950
- 7.71% provided in the public remarks
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$210,225
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.51%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,204,500
$4.2M
Cap Rate 7%
$3,003,214
$3.0M
Cap Rate 9%
$2,335,833
$2.3M
Market Conditions
NOI Build-Up for 17,416 SF
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.
Gross rent
$313.5K $18.00/SF
− Vacancy
−$13.2K −$0.76/SF
EGI
$300.3K $17.24/SF
− OpEx
−$90.1K −$5.17/SF
NOI
$210.2K $12.07/SF
Area
Montgomery County, PA
Vacancy
4.20%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,204,500
Cap Rate 7%
$3,003,214
Cap Rate 9%
$2,335,833
Alternative Uses
Best Use
Retail
$3.00M
$2.63M – $3.50M
NOI $210,225 @ 7.0% cap · market cap 6.51%
Second Best
Industrial
$1.83M
$1.60M – $2.13M
NOI $127,861 @ 7.0% cap · market cap 3.96%
Theoretical Best
Specialty Retail
$10.02M
$8.77M – $11.69M
NOI $701,251 @ 7.0% cap · market cap 21.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
705
Businesses Nearby
Explore this area
Business Placement
Demographics for 19040, PA
22,396
Population
8,277
Households
2.7
Avg Household Size
42
Median Age
38%
College-Educated
93%
High-School Grad
5.9 sq mi
ZIP Area
3,796
Density / Sq Mi
$109,207
Median Household Income
$53,603
Median Earnings
$1,657
Median Rent
$367,700
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?
Strip mall - For sale retail and automotive center anchored by Caliber Collision.
Where is this strip mall located?
The property is located at 332 S York Rd Hatboro, PA.
What is the asking price?
The asking price for this property is $3,227,000.
What are key features of this property?
This property features: Caliber Collision‑anchored retail and automotive center for sale in Hatboro, Pennsylvania; Property year built: 1950; 7.71% provided in the public remarks
