Sprouts Farmers Market Grocery
For Sale
$13,570,000
36 W Ridge Pike, Royersford, PA 19468
Grocery property with a stated 15-year lease along the U.S. Route 422 corridor in Limerick Township.
Property Size23,259 SF
Price / SF$583.43
Days on Market75
Property Features for 36 W Ridge Pike
General Information
Standard status
Active
Size
23,259 SF
Property subtype
Grocery Store
Lease Type
Modified Gross
Additional Details
Cap Rate
5.75%
Amenities
15 Year Corporate Lease featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New 2026 High Quality Construction.
Signalized Hard Corner - Hard-Corner Position at the Fully Signalized Ridge Pike and Township Line Road Intersection, Limerick's Main Retail Crossroads.
Positioned on the U.S. Route 422 Corridor - the Pottstown Expressway - the Primary East-West Artery Connecting Pottstown, Limerick, Collegeville, King of Prussia, Valley Forge, and Philadelphia.
Strong Tenant - Sprouts (NASDAQ: SFM) is one of the Largest Specialty Retailers of Fresh, Natural and Organic Food in the U.S., with more than 490 Locations Currently Operating and an Annual Revenue of $8.80+ Billion.
Average Household Income Approximates $184k+ with 53.5 Percent Bachelor's Attainment, 83.1 Percent Owner-Occupancy, and Median Home Values near $456k - Premium, Credit-Strong Demographics for a Grocery-Anchored Asset.
Regional Institutions including Ursinus College in Collegeville, Montgomery County Community College's Pottstown Campus, and Tower Health's Pottstown Hospital Anchor Stable Education and Healthcare Employment Across the Trade Area.
Within a 55,200 Sq.Ft. Retail Node - Walgreens, McDonald's, Citadel Credit Union and Childtime Childcare on site, plus an approved 12,000 Sq.Ft. Building - generating Complementary Traffic Across Morning, Midday and Evening Dayparts.
Minutes from Philadelphia Premium Outlets, Simon Property Group's 550,000-Square-Foot, Approximately 150-Store Regional Draw that Opened in 2007 and Reportedly Operates Near 92 Percent Occupancy. In Close Proximity to Numerous National Retailers, including Target, ALDI, Walgreens, Planet Fitness, Petco, Ross Dress for Less, GIANT, Staples, Wawa, Lidl and many more.
Building Details
Building Size
23,259 SF
Listing Agency:
Marcus & Millichap - Philadelphia
Listed By:
Timothy B. Stephenson Jr · License #License(s) PA: RMR006104
(215) 531-7000
Source:
Marcusmillichap
Added: Aug 15
Changed: Oct 25
Last Checked: Oct 28 at 5:19AM
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
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Investment Insights
Based on property information with market context.
The property is a 23,259-square-foot Sprouts Farmers Market grocery location at 36 W Ridge Pike in Limerick Township, Pennsylvania. The offering includes a stated 15-year lease, providing a defined lease term for the existing grocery operation.
Limerick Township is positioned along the U.S. Route 422 corridor, also known as the Pottstown Expressway, connecting Pottstown, Collegeville, Valley Forge, and Philadelphia’s western suburbs. The property is identified as roughly 35 miles from Center City Philadelphia and approximately 20 miles from King of Prussia. The surrounding area includes Philadelphia Premium Outlets, Providence Town Center, Ursinus College, Montgomery County Community College’s Pottstown campus, and Tower Health’s Pottstown Hospital.
The township’s estimated population reached 21,436 in July 2025, compared with 20,462 in the 2020 census. Approved residential projects include 95 townhomes and 51 single-family lots, while a planned 257,040-square-foot warehouse adds to the area’s commercial pipeline.
Limerick Township is positioned along the U.S. Route 422 corridor, also known as the Pottstown Expressway, connecting Pottstown, Collegeville, Valley Forge, and Philadelphia’s western suburbs. The property is identified as roughly 35 miles from Center City Philadelphia and approximately 20 miles from King of Prussia. The surrounding area includes Philadelphia Premium Outlets, Providence Town Center, Ursinus College, Montgomery County Community College’s Pottstown campus, and Tower Health’s Pottstown Hospital.
The township’s estimated population reached 21,436 in July 2025, compared with 20,462 in the 2020 census. Approved residential projects include 95 townhomes and 51 single-family lots, while a planned 257,040-square-foot warehouse adds to the area’s commercial pipeline.
Key Highlights
- 23,259‑square‑foot Sprouts Farmers Market grocery property
- Stated 15‑year lease
- Located at 36 W Ridge Pike, Limerick Township, PA 19468
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$936,518
Cap Rate
6.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$18,730,360
$18.7M
Cap Rate 7%
$13,378,829
$13.4M
Cap Rate 9%
$10,405,756
$10.4M
Market Conditions
NOI Build-Up for 23,259 SF
Gross rent
$1.30M $56.04/SF
− Vacancy
−$54.7K −$2.35/SF
EGI
$1.25M $53.69/SF
− OpEx
−$312.2K −$13.42/SF
NOI
$936.5K $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%
$18,730,360
Cap Rate 7%
$13,378,829
Cap Rate 9%
$10,405,756
Alternative Uses
Best Use
Specialty Retail
$13.38M
$11.71M – $15.61M
NOI $936,518 @ 7.0% cap · market cap 6.90%
Second Best
Retail
$4.01M
$3.51M – $4.68M
NOI $280,755 @ 7.0% cap · market cap 2.07%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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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
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Market
Vacancy Rate% for Retail in Northeast region
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 - Grocery property with a stated 15-year lease along the U.S. Route 422 corridor in Limerick Township.
Where is this grocery and convenience store located?
The property is located at 36 W Ridge Pike Royersford, 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: 23,259‑square‑foot Sprouts Farmers Market grocery property; Stated 15‑year lease; Located at 36 W Ridge Pike, Limerick Township, PA 19468
