Caliber Collision Retail
For Sale
Contact for pricing
324 S York Rd, Hatboro, PA 19040
Retail space identified as Caliber Collision Center, with a building constructed in 1950.
Property Size17,416 SF
Price / SF$185.29
Days on Market128
Property Features for 324 S York Rd
General Information
Standard status
Active
Size
17,416 SF
Property subtype
Retail
Occupancy
100%
Investment Type
Net Lease
Net Operating Income
$248,739
Additional Details
Cap Rate
7.71%
Building Details
Year Built
1950
Year Renovated
2017
Tenancy
Multi
Listing Agency:
Marcus & Millichap | The Patel Yozwiak Group
Listed By:
Darpan Patel · License #OH SAL.2012000748
Source:
Crexi
Added: Apr 27
Changed: Aug 31
Last Checked: Aug 31 at 4:05PM
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 | The Patel Yozwiak Group
Investment Insights
Based on property information with market context.
The property is a retail space identified as Caliber Collision Center. The building contains 17,416 square feet and was constructed in 1950.
Located at 324 S York Rd in Hatboro, Pennsylvania, the property is offered for sale and carries a reported 7.71% CAP rate.
Located at 324 S York Rd in Hatboro, Pennsylvania, the property is offered for sale and carries a reported 7.71% CAP rate.
Key Highlights
- 17,416 square feet of retail space
- Caliber Collision Center property identification
- Constructed in 1950
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
—
—
no second resolved use
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
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?
Retail space - Retail space identified as Caliber Collision Center, with a building constructed in 1950.
Where is this retail space located?
The property is located at 324 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: 17,416 square feet of retail space; Caliber Collision Center property identification; Constructed in 1950
