Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Active Shopping Center Retail Space Title is generated by Realmo AI

    3923 LINCOLN HIGHWAY, Downingtown, PA 19335

    View on Map
    Claim this Listing
    For Lease
    $25,200

    Retail space available in a very active shopping center.

    Type:Rental
    Lot size:
    27.80 Acres
    Added:
    Jan 8, 2025
    Days on Market:
    504
    Last Refresh:
    May 20 at 12:35 am

    Property Features for 3923 LINCOLN HIGHWAY

    General Information

    Standard status
    Active
    Lot size
    27.80 Acres
    Property subtype
    Rental

    Building Details

    Year Built
    1991

    We can help!

    Listing Contact
    Charles Ambrose

    Listing agent Charles Ambrose License #RS103249A

    Listing office Herbert Yentis & Company-Philadelphia

    Listing date Jan 8, 2025

    Source Exitrealty

    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 Herbert Yentis & Company-Philadelphia

    HighLights

    • Anchored by Acme, a well‑known and active tenant.
    • Located in a very active shopping center.
    • Join established tenants such as Key Bank, UPS Store, Tae Kwon Do, Children's Dental, and MyEyeDr.
    • All leases are Net, Net, Net.
    • Pass‑through expenses are estimated at $4.96 per sq.ft.
    • Built in 1991.

    Overview

    This commercial real estate is located within a very active shopping center anchored by Acme. The shopping center includes tenants such as Key Bank, UPS Store, Tae Kwon Do, Children's Dental, and MyEyeDr. All leases are Net, Net, Net. Pass throughs are estimated at $4.96 per sq.ft.
    Property Profile Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    • The Shops at Wedgewood — 4331 US-30 BUS, Downingtown, PA 19335
    • Coinstar Kiosk - Bitcoin ATM — 3951 Lincoln Hwy Albertsons, Downingtown, PA 19335

    Location Insight

    • Map
    • Local Demand
    City
    Downingtown
    County
    Chester
    State
    Pennsylvania
    Longitude
    -75.740051
    Latitude
    39.996916

    Nearby Similar for Lease

    • $1,600/Mo
      995 SF

      Downingtown Retail/Office Space for Lease

      Retail/office space in Eagleview's Stockwell community available for lease.
      646 WHARTON Boulevard, DOWNINGTOWN, PA 19335
      View Details
    • $6,000/Mo

      Downingtown Commercial Space For Rent

      Versatile commercial property in Downingtown, ideal for various businesses.
      45 W LANCASTER Avenue, DOWNINGTOWN, PA 19335
      View Details
    • $6,000/Mo

      Downingtown Commercial Property For Rent

      Versatile commercial property suitable for retail, medical, daycare, or warehouse.
      45 W Lancaster Ave, DOWNINGTOWN, PA, 19335-2846
      View Details
    • $650/Mo

      Furnished Office Sublease in Downingtown

      Fully furnished office space with utilities included in Downingtown, PA.
      4333 LINCOLN Highway E, DOWNINGTOWN, PA 19335
      View Details
    • $8 SF/Yr
      21,000 SF

      Downingtown Warehouse/Flex Sublease Opportunity

      Warehouse/Flex space available for sublease, featuring loading docks and height.
      419 Boot Rd, Downingtown, PA
      View Details
    • $18 SF/Yr
      6,868 SF

      Downingtown Office Space Available

      Office space featuring private offices and a large conference room.
      350 Marshallton Thorndale Rd, Downingtown, PA
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space on Lincoln Highway

      Retail space with high visibility on Lincoln Highway.
      4301-4339 W Lincoln Hwy, Downingtown, PA
      View Details
    • Contact for pricing
      17,130 SF

      New Flex Space For Rent

      17,130 SF flex space under construction with signalized access.
      415 Brandywine Ave, Downingtown, PA
      View Details
    • Contact for pricing
      7,680 SF

      Retail Space Available For Rent

      Retail space available for lease in Downingtown, PA.
      Horseshoe Pike & N Guthriesville Rd, East Brandywine Township, PA 19335, USA, Downingtown, PA, 19335
      View Details
    • Contact for pricing
      10,800 SF

      Restaurant and Junior Anchor Space

      Restaurant and retail spaces available in Downingtown, Pennsylvania.
      10-70 Quarry Rd, Downingtown, PA
      View Details
    • Contact for pricing
      5,653 SF

      Restaurant and Junior Anchor Space

      Restaurant and junior anchor space available in Downingtown, PA.
      26 Quarry Rd, Downingtown, PA
      View Details
    • Contact for pricing
      3,800 SF

      Downingtown Office Space For Rent

      Office space in affluent area near Eagleview Corporate Center.
      164 Park Rd, Downingtown, PA
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail space available in a very active shopping center.
    Where is this shopping center located?
    The property is located at 3923 LINCOLN HIGHWAY Downingtown, PA.
    What is the lease rate?
    The lease rate is $25,200.
    What are key features of this property?
    This property features: Anchored by Acme, a well‑known and active tenant.; Located in a very active shopping center.; Join established tenants such as Key Bank, UPS Store, Tae Kwon Do, Children's Dental, and MyEyeDr.
    (215) 878-7300
    We can help!
    Listing Contact
    Charles Ambrose
    Real Estate License ID: RS103249A
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3923 LINCOLN HIGHWAY, DOWNINGTOWN, PA 19335
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!