Fully Leased Three-Tenant Strip
For Sale
$1,250,000
407 W MORELAND Road, Willow Grove, PA 19090
Commercial Sale - WILLOW GROVE, PA
Lot Size0.19 Acres
Days on Market147
Property Features for 407 W MORELAND Road
General Information
Property type
Other
Property subtype
Retail
Parking
8
Parking features
Parking Lot
Subdivision
WILLOW GROVE
Elementary school district
UPPER MORELAND
Middle school district
UPPER MORELAND
High school district
UPPER MORELAND
Standard status
Active
Lot size
0.19 Acres
Taxes and HOA fees
Tax Annual Amount
13859
Utilities
Cooling system
Central Air
Building Details
Year built
1960
Building materials
Brick, Aluminum Siding, Combination
Listing Agency:
Realty Mark Associates
(215) 376-4444
Listed By:
Paul Malitas · License #RS272322
(267) 261-5424
Added: Mar 5
Changed: Jun 20
Last Checked: Jul 30 at 11:06PM
MLS# PAMC2169624
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.
Investment Insights
Based on property information with market context.
This fully leased three-tenant retail strip center is designed for neighborhood retail use, with a tenant mix positioned to serve local day-to-day needs. The property includes on-site parking for customers and benefits from strong street visibility along the commercial frontage.
Located at 407 W Moreland Road in Willow Grove, Pennsylvania, the center sits on a heavily traveled retail corridor that serves Willow Grove and the greater Montgomery County area. The corridor features a mix of national retailers, neighborhood businesses, restaurants, and service providers, and the surrounding area includes dense residential neighborhoods supporting neighborhood shopping demand.
For buyers or operators seeking a retail asset with current income, this offering provides three established tenants under an existing lease structure. The property is presented as an income-producing investment with consistent rental revenue, and the remarks indicate CPI-based rent increases. The mix of neighborhood service tenants is intended to support steadier foot traffic patterns, making the center a practical fit for investors focused on leased retail in a suburban Philadelphia retail corridor.
Located at 407 W Moreland Road in Willow Grove, Pennsylvania, the center sits on a heavily traveled retail corridor that serves Willow Grove and the greater Montgomery County area. The corridor features a mix of national retailers, neighborhood businesses, restaurants, and service providers, and the surrounding area includes dense residential neighborhoods supporting neighborhood shopping demand.
For buyers or operators seeking a retail asset with current income, this offering provides three established tenants under an existing lease structure. The property is presented as an income-producing investment with consistent rental revenue, and the remarks indicate CPI-based rent increases. The mix of neighborhood service tenants is intended to support steadier foot traffic patterns, making the center a practical fit for investors focused on leased retail in a suburban Philadelphia retail corridor.
Key Highlights
- Fully leased three‑tenant retail strip center on W. Moreland Road in Willow Grove, PA
- Cap rate listed as 7.6% with NOI of $95,076 and gross income of $108,576
- CPI‑based rent increases noted for tenant rents
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
502
Businesses Nearby
206k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 48%
Shops & Services 33%
Apparel 9%
Dining 6%
Sam's Club
Superstores
98,680 visits/mo
0.5 miles
Sam's Club Gas Station
Shops & Services
33,479 visits/mo
0.5 miles
DSW Designer Shoe Warehouse
Apparel
12,549 visits/mo
0.2 miles
Dunkin' Donuts
Dining
12,489 visits/mo
0.2 miles
Citizens Bank
Shops & Services
9,441 visits/mo
0.4 miles
Demographics for 19090, PA
20,180
Population
8,141
Households
2.5
Avg Household Size
39
Median Age
43%
College-Educated
95%
High-School Grad
4.6 sq mi
ZIP Area
4,387
Density / Sq Mi
$97,341
Median Household Income
$55,254
Median Earnings
$1,606
Median Rent
$338,000
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Strip mall - Fully leased three-tenant retail strip center with on-site parking and street visibility along a busy commercial corridor.
Where is this strip mall located?
The property is located at 407 W MORELAND Road Willow Grove, PA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Fully leased three‑tenant retail strip center on W. Moreland Road in Willow Grove, PA; Cap rate listed as 7.6% with NOI of $95,076 and gross income of $108,576; CPI‑based rent increases noted for tenant rents
