Verizon Wireless Retail
For Sale
Contact for pricing
3903 Lincoln Highway, Downingtown, PA 19372
New 5-year Verizon wireless lease with two renewal options, 2.5% annual base increases, and double-net structure.
Property SizeContact for details
Days on Market124
Property Features for 3903 Lincoln Highway
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
CBRE - Philadelphia Suburban
(484) 567-2340
Listed By:
Matthew Gorman · License #PA RS287470
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 22 at 9:53AM
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 CBRE - Philadelphia Suburban
Investment Insights
Based on property information with market context.
CBRE presents a Verizon Wireless retail storefront located on Business Route 30 (Lincoln Highway). The property is offered with a new 5-year lease that includes two additional 5-year renewal options. The lease provides for 2.5% annual increases during the base term and each option period.
This is structured as a double net lease, with minimal landlord responsibilities or expenses. The lease is guaranteed by R Wireless, described in the offering materials as a premium retailer for Verizon Wireless with over 45 locations across 9 states.
This is structured as a double net lease, with minimal landlord responsibilities or expenses. The lease is guaranteed by R Wireless, described in the offering materials as a premium retailer for Verizon Wireless with over 45 locations across 9 states.
Key Highlights
- Verizon Wireless (R Wireless) property on Business Route 30 (Lincoln Highway) in Thorndale, Pennsylvania
- New 5‑year lease with two 5‑year renewal options
- 2.5% annual increases in the base term and during each renewal option period
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
295
Businesses Nearby
55k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 55%
Dining 24%
Shops & Services 20%
Electronics 1%
ACME Markets
Groceries
30,163 visits/mo
0.3 miles
Dunkin' Donuts
Dining
8,903 visits/mo
0.5 miles
KeyBank
Shops & Services
4,351 visits/mo
0.4 miles
Italian Village Pizza
Dining
4,026 visits/mo
0.5 miles
Midas
Shops & Services
2,800 visits/mo
0.4 miles
Demographics for 19372, PA
2,348
Population
879
Households
2.7
Avg Household Size
40
Median Age
43%
College-Educated
97%
High-School Grad
0.9 sq mi
ZIP Area
2,609
Density / Sq Mi
$120,172
Median Household Income
$58,292
Median Earnings
$2,061
Median Rent
$292,900
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 - New 5-year Verizon wireless lease with two renewal options, 2.5% annual base increases, and double-net structure.
Where is this retail space located?
The property is located at 3903 Lincoln Highway Downingtown, PA.
What are key features of this property?
This property features: Verizon Wireless (R Wireless) property on Business Route 30 (Lincoln Highway) in Thorndale, Pennsylvania; New 5‑year lease with two 5‑year renewal options; 2.5% annual increases in the base term and during each renewal option period
