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    Haverford Retail Sublease Opportunity Title is generated by Realmo AI

    367 W LANCASTER Avenue, Haverford, PA 19041

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    Claim this Listing
    New
    For Lease
    $2,800 /Mo

    CommercialLease - HAVERFORD, PA

    Type:Retail
    Added:
    May 22, 2026
    Days on Market:
    6
    Last Refresh:
    May 27 at 1:06 pm

    Property Features for 367 W LANCASTER Avenue

    General Information

    Property type
    Other
    Property subtype
    Retail
    Parking
    1
    Parking features
    Parking Lot
    Standard status
    Active

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1910
    Number of units
    1
    Building materials
    Brick

    We can help!

    Listing Contact
    Ryan Nork

    Listing agent Ryan Nork License #RS370837

    Listing office EXP Realty, LLC. 401 Old Penllyn Pike, Philadelphia, PA

    Listing date May 22, 2026

    MLS# PAMC2180378

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime retail location in the heart of Haverford, next to Haverford Square.
    • High visibility storefront with exceptional exposure to vehicle and foot traffic near a signalized intersection.
    • Flexible space suitable for various retail or service‑based businesses with options for existing shelving.
    • Benefits from neighboring established shopping and dining destinations.
    • Approximately 30 months remaining on the current lease term.
    • Includes a large open display/showroom area, checkout counter, private rear room, and private bathroom.

    Overview

    This commercial storefront is available for sublease in Haverford, with approximately 30 months remaining on the current lease term. The space is positioned next to Haverford Square, offering exposure to vehicle and foot traffic near a signalized intersection. Currently configured for retail use, the space features a large open display/showroom area, a checkout counter, a private rear room suitable for storage or a break room, and a private bathroom. Existing shelving can be included or removed, allowing for a flexible setup. The location benefits from neighboring shopping and dining destinations. The property offers storefront signage and steady commuter traffic. The base rent is $2,800 per month in Year 1, with a CAM charge of $180 per month, a real estate tax charge of $362 per month, and an HVAC charge of $100 per month. The tenant is responsible for heat, water, electricity, sewer, and other utilities, as well as business insurance, including general liability, property insurance, workers' compensation if applicable, and business interruption insurance. This location is suitable for a boutique retailer, specialty shop, salon, studio, or service-oriented business.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Spa & Massage Center Dental Office Real Estate Agency Hair Salon Nail Salon Building Supply Daycare Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Haverford
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.29954
    Latitude
    40.01232

    FAQs

    What type of property is this?
    Retail space - Prime retail space in Haverford with high visibility.
    Where is this retail space located?
    The property is located at 367 W LANCASTER Avenue Haverford, PA.
    What is the lease rate?
    The lease rate is $2,800 /Mo.
    What are key features of this property?
    This property features: Prime retail location in the heart of Haverford, next to Haverford Square.; High visibility storefront with exceptional exposure to vehicle and foot traffic near a signalized intersection.; Flexible space suitable for various retail or service‑based businesses with options for existing shelving.
    (215) 906-7180
    We can help!
    Listing Contact
    Ryan Nork
    Real Estate License ID: RS370837
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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