Sprouts Farmers Market Grocery
For Sale
Contact for pricing
36 West Ridge Pike, Limerick, PA 19468
Newly built grocery property occupied under a 15-year lease.
Property Size23,256 SF
Price / SF$583.51
Days on Market58
Property Features for 36 West Ridge Pike
General Information
Standard status
Active
Size
23,256 SF
Class
A
Property subtype
Retail
Lease Type
Modified Gross
Investment Type
Net Lease
Net Operating Income
$780,239
Building Details
Year Built
2026
Units
1
Tenancy
Single
Listing Agency:
Marcus & Millichap - Philadelphia
Listed By:
Timothy Stephenson · License #RMR006104
Source:
Crexi
Added: Aug 11
Changed: Oct 6
Last Checked: Oct 5 at 7:33PM
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 grocery and convenience store property encompasses 23,256 square feet and is scheduled for completion in 2026. The asset is associated with Sprouts Farmers Market and is structured with a 15-year lease, providing an established grocery use within a newly constructed building.
The property is located at 36 West Ridge Pike in Limerick, Pennsylvania, 19468. Its configuration and tenant profile position it within the grocery and convenience store category, while the lease term adds a defined occupancy structure for evaluation by commercial real estate buyers.
The property is located at 36 West Ridge Pike in Limerick, Pennsylvania, 19468. Its configuration and tenant profile position it within the grocery and convenience store category, while the lease term adds a defined occupancy structure for evaluation by commercial real estate buyers.
Key Highlights
- 23,256‑square‑foot grocery and convenience store property
- Sprouts Farmers Market occupies the property
- 15‑year lease structure
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$936,397
Cap Rate
6.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$18,727,940
$18.7M
Cap Rate 7%
$13,377,100
$13.4M
Cap Rate 9%
$10,404,411
$10.4M
Market Conditions
NOI Build-Up for 23,256 SF
Gross rent
$1.30M $56.04/SF
− Vacancy
−$54.7K −$2.35/SF
EGI
$1.25M $53.69/SF
− OpEx
−$312.1K −$13.42/SF
NOI
$936.4K $40.26/SF
Area
Montgomery County, PA
Vacancy
4.20%
Lease Rate
$56.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$18,727,940
Cap Rate 7%
$13,377,100
Cap Rate 9%
$10,404,411
Alternative Uses
Best Use
Specialty Retail
$13.38M
$11.70M – $15.61M
NOI $936,397 @ 7.0% cap · market cap 6.90%
Second Best
Retail
$4.01M
$3.51M – $4.68M
NOI $280,719 @ 7.0% cap · market cap 2.07%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
387
Businesses Nearby
193k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 38%
Groceries 21%
Dining 16%
Apparel 11%
Wawa
Shops & Services
46,480 visits/mo
0.4 miles
Aldi
Groceries
21,322 visits/mo
0.2 miles
Ross Dress for Less
Apparel
21,022 visits/mo
0.5 miles
McDonald's
Dining
20,171 visits/mo
0.1 miles
Fine Wine & Good Spirits
Groceries
19,670 visits/mo
0.5 miles
Demographics for 19468, PA
27,869
Population
11,560
Households
2.4
Avg Household Size
41
Median Age
48%
College-Educated
95%
High-School Grad
16.9 sq mi
ZIP Area
1,649
Density / Sq Mi
$106,261
Median Household Income
$60,951
Median Earnings
$1,688
Median Rent
$383,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
- GIANT — 1824 E Ridge Pike, Linfield, PA 19468
- Target Grocery — 1824 E Ridge Pike, Royersford, PA 19468
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Newly built grocery property occupied under a 15-year lease.
Where is this grocery and convenience store located?
The property is located at 36 West Ridge Pike Limerick, PA.
What is the asking price?
The asking price for this property is $13,570,000.
What are key features of this property?
This property features: 23,256‑square‑foot grocery and convenience store property; Sprouts Farmers Market occupies the property; 15‑year lease structure
