Shopping Center Near Exit
New
For Sale
$10,027,169
180 Old Swede Rd, Douglassville, PA 19518
Established retail property with direct access from the 422 exit and a substantial commercial footprint.
Property Size48,736 SF
Price / SF$205.74
Days on Market4
Property Features for 180 Old Swede Rd
General Information
Standard status
Active
Size
48,736 SF
Property subtype
Shopping Neighborhood
Additional Details
Highway Access
Yes
Amenities
100% OCCUPIED | STABILIZED ASSET
BILLBOARD LOCATION | DIRECTLY OFF OF ROUTE 422
ATTRACTIVE DEMOGRAPHICS | TRADE AREA
Building Details
Building Size
48,736 SF
Year Built
1976
Listing Agency:
Marcus & Millichap | Philadelphia
(215) 531-7026
Listed By:
Derrick Dougherty · License #License(s): PA: RS305854
(215) 531-7026
Source:
Marcusmillichap
Added: Aug 8
Changed: Aug 9
Last Checked: Aug 11 at 4:38AM
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 Marcus & Millichap | Philadelphia
Investment Insights
Based on property information with market context.
This shopping center at 180 Old Swede Rd in Douglassville, PA, contains 48,736 square feet of commercial space. Constructed in 1976, the property offers an established retail setting with direct access from the 422 exit.
The location provides a recognizable access point for customers, tenants, and service providers. The property is offered for sale as a shopping center asset.
The location provides a recognizable access point for customers, tenants, and service providers. The property is offered for sale as a shopping center asset.
Key Highlights
- 48,736‑square‑foot shopping center
- Directly accessed from the 422 exit
- Built in 1976
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
$494,157
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
4.93%
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%
$9,883,140
$9.9M
Cap Rate 7%
$7,059,386
$7.1M
Cap Rate 9%
$5,490,633
$5.5M
Market Conditions
NOI Build-Up for 48,736 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
$736.9K $15.12/SF
− Vacancy
−$30.9K −$0.64/SF
EGI
$705.9K $14.48/SF
− OpEx
−$211.8K −$4.35/SF
NOI
$494.2K $10.14/SF
Area
Berks County, PA
Vacancy
4.20%
Lease Rate
$15.12 /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%
$9,883,140
Cap Rate 7%
$7,059,386
Cap Rate 9%
$5,490,633
Alternative Uses
Best Use
Retail
$7.06M
$6.18M – $8.24M
NOI $494,157 @ 7.0% cap · market cap 4.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.00M
$7.00M – $9.33M
NOI $560,035 @ 7.0% cap · market cap 5.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
273
Businesses Nearby
165k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 47%
Dining 28%
Groceries 18%
Home Improvements & Furnishings 5%
Wawa
Shops & Services
69,310 visits/mo
0.3 miles
Redner's Warehouse Market
Groceries
29,125 visits/mo
0.2 miles
McDonald's
Dining
22,940 visits/mo
0.2 miles
Dunkin' Donuts
Dining
9,794 visits/mo
0.4 miles
Taco Bell
Dining
9,766 visits/mo
0.4 miles
Demographics for 19518, PA
16,441
Population
6,274
Households
2.6
Avg Household Size
43
Median Age
39%
College-Educated
95%
High-School Grad
35.8 sq mi
ZIP Area
459
Density / Sq Mi
$114,954
Median Household Income
$57,996
Median Earnings
$1,324
Median Rent
$331,100
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?
Shopping center - Established retail property with direct access from the 422 exit and a substantial commercial footprint.
Where is this shopping center located?
The property is located at 180 Old Swede Rd Douglassville, PA.
What is the asking price?
The asking price for this property is $10,027,169.
What are key features of this property?
This property features: 48,736‑square‑foot shopping center; Directly accessed from the 422 exit; Built in 1976
