Retail Space with Private
For Sale
Contact for pricing
1024 Matsonford Rd, Conshohocken, PA 19428
Commercial space offers dedicated parking and convenient access to the Norristown High Speed Line.
Property Size8,400 SF
Price / SF$250
Days on Market601
Property Features for 1024 Matsonford Rd
General Information
Standard status
Active
Size
8,400 SF
Total Parking Spaces
14
Property subtype
RETAIL
Listing Agency:
Equity CRE
(484) 482-2550
Listed By:
David Laiter · License #RS223488L
Source:
Moodyscre
Added: Dec 9, 2024
Changed: Jul 31
Last Checked: Aug 2 at 10:26AM
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 Equity CRE
Investment Insights
Based on property information with market context.
This retail space offers 8,400 square feet of commercial area with 14 private parking spaces. The property is positioned for access to Matsonford Station of the Norristown High Speed Line, supporting connectivity for customers, employees, and visitors.
The property is located approximately 15 miles from Philadelphia and 6 miles from King of Prussia. Its Matsonford Road location combines dedicated on-site parking with proximity to regional destinations and public transportation.
The property is located approximately 15 miles from Philadelphia and 6 miles from King of Prussia. Its Matsonford Road location combines dedicated on-site parking with proximity to regional destinations and public transportation.
Key Highlights
- 8,400 square feet of retail space
- 14 private parking spaces
- Easy access to Matsonford Station of the Norristown High Speed Line
Financial Insights For 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 | $151.2k | $18.00 |
| − Vacancy | −$6.4k | −$0.76 |
| EGI | $144.8k | $17.24 |
| − OpEx | −$43.5k | −$5.17 |
| NOI | $101.4k | $12.07 |
8,400 SF · lease $18.00/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.45M
$1.27M – $1.69M
NOI $101,395 @ 7.0% cap · market cap 4.83%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.83M
$4.23M – $5.64M
NOI $338,224 @ 7.0% cap · market cap 16.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,418
Businesses Nearby
65k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 64%
Dining 31%
Hotels & Casinos 5%
Wawa
Shops & Services
24,150 visits/mo
0.1 miles
McDonald's
Dining
20,084 visits/mo
0.1 miles
Lukoil
Shops & Services
10,672 visits/mo
0.1 miles
Sunoco
Shops & Services
7,005 visits/mo
0.2 miles
Residence Inn Philadelphia Conshohocken
Hotels & Casinos
3,035 visits/mo
0.4 miles
Demographics for 19428, PA
19,690
Population
10,032
Households
2
Avg Household Size
36
Median Age
66%
College-Educated
97%
High-School Grad
7.3 sq mi
ZIP Area
2,697
Density / Sq Mi
$116,566
Median Household Income
$73,713
Median Earnings
$1,900
Median Rent
$445,900
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?
Retail space - Commercial space offers dedicated parking and convenient access to the Norristown High Speed Line.
Where is this retail space located?
The property is located at 1024 Matsonford Rd Conshohocken, PA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 8,400 square feet of retail space; 14 private parking spaces; Easy access to Matsonford Station of the Norristown High Speed Line
