Fully Leased Neighborhood Retail
407 W Moreland Road Willow Grove, PA 19090
For Sale
$1,250,000
Three-tenant retail strip center on a high-traffic suburban corridor with convenient customer parking.
Days on Market153
Property Features for 407 W Moreland Road
General Information
- Standard status
- Active
- Property subtype
- Commercial
Building Details
- Year Built
- 1960
Listing Agency:
Realty Mark Associates
Listed By:
Paul Malitas
Source:
Deepcreeklake
Added: Feb 21
Changed: Jul 10
Last Checked: Jul 23 at 7:53AM
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 Realty Mark Associates
Investment Insights
Based on property information with market context.
The property is a fully leased three-tenant retail strip center designed for neighborhood service retail. The offering is presented as a stable, income-producing asset, with the current tenants generating gross income as reported in the materials and producing an NOI figure of $86,077. The center is positioned to support consistent retail access and customer convenience with on-site parking for visitors.
The property is located along W. Moreland Road in Willow Grove, Pennsylvania, on a busy commercial corridor serving the local area. The surrounding retail mix described in the materials includes national retailers and neighborhood businesses, along with restaurants and service providers. Nearby retailers referenced include Chipotle and Visionworks, and the area is supported by dense residential neighborhoods.
For tenants and buyers seeking an occupied neighborhood retail platform, the building’s straightforward strip configuration and existing tenancy make it a practical fit. The reported investment framework includes CPI-based rent increases, which may be relevant to buyers evaluating long-term lease terms and income characteristics. The center’s street visibility and established location on a retail-oriented roadway are consistent with meeting everyday neighborhood shopping and service needs.
The property is located along W. Moreland Road in Willow Grove, Pennsylvania, on a busy commercial corridor serving the local area. The surrounding retail mix described in the materials includes national retailers and neighborhood businesses, along with restaurants and service providers. Nearby retailers referenced include Chipotle and Visionworks, and the area is supported by dense residential neighborhoods.
For tenants and buyers seeking an occupied neighborhood retail platform, the building’s straightforward strip configuration and existing tenancy make it a practical fit. The reported investment framework includes CPI-based rent increases, which may be relevant to buyers evaluating long-term lease terms and income characteristics. The center’s street visibility and established location on a retail-oriented roadway are consistent with meeting everyday neighborhood shopping and service needs.
Key Highlights
- Fully leased three‑tenant retail strip center along the busy W. Moreland Road corridor in Willow Grove, PA
- Cap rate of 6.89% with NOI of $86,077 and gross income of $99,936
- Three established neighborhood service retail tenants with consistent rental income
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Smokkey Tokkey Smoke ...
(Bike/Boat/Book/etc) Store
Similar Off Market Nearby
- Sephora — 2500 Moreland Rd, Willow Grove, PA 19090, United States
- The Shops at Willow Grove Park — W Moreland Rd, Willow Grove, PA 19090
- GERALD MYERS — 160 PA-611, Willow Grove, PA 19090
- Willow Grove Shopping Center — 122 Park Ave, Willow Grove, PA 19090
- Moreland Plaza — 35 E Moreland Rd, Willow Grove, PA 19090
FAQs
What type of property is this?
Shopping center - Three-tenant retail strip center on a high-traffic suburban corridor with convenient customer parking.
Where is this shopping center 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 along the busy W. Moreland Road corridor in Willow Grove, PA; Cap rate of 6.89% with NOI of $86,077 and gross income of $99,936; Three established neighborhood service retail tenants with consistent rental income
