Flagship Car Wash with NNN
For Sale
$318,000
500 E LANCASTER AVENUE Unit 105C, Wayne, PA 19087
Car wash property includes a long-term triple-net lease structure on a nearly one-acre parcel.
Property Size850 SF
Lot Size0.99 Acres
Price / SF$53
Days on Market134
Property Features for 500 E LANCASTER AVENUE Unit 105C
General Information
Standard status
Active
Size
850 SF
Lot size
0.99 Acres
Property subtype
Unit/Flat/Apartment
Taxes and HOA fees
Annual Taxes
$5,204
Building Details
Building Size
850 SF
Year Built
1951
Listing Agency:
BHHS Fox & Roach Wayne-Devon
Listed By:
Lynise Caruso · License #RS291191
(610) 564-2102
Source:
Lizclarkrealestate
Added: Apr 24
Changed: Sep 3
Last Checked: Sep 4 at 12:07PM
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 BHHS Fox & Roach Wayne-Devon
Investment Insights
Based on property information with market context.
This car wash property includes approximately 6,000 rentable square feet of building area on an estimated 0.99-acre parcel. The improvements were constructed in 2005 and are located at 500 Lancaster Avenue in Strafford, Pennsylvania.
The property is subject to a 20-year triple-net lease scheduled to begin upon close of escrow. The lease includes annual increases of 1.50%, providing a defined escalation structure over the lease term.
The property is subject to a 20-year triple-net lease scheduled to begin upon close of escrow. The lease includes annual increases of 1.50%, providing a defined escalation structure over the lease term.
Key Highlights
- Approximately 6,000 rentable square feet of building space
- Estimated 0.99‑acre parcel
- 20‑year Triple Net (NNN) lease commencing upon close of escrow
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
829
Businesses Nearby
42k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Electronics 89%
Shops & Services 11%
Micro Center
Electronics
37,719 visits/mo
0.3 miles
PNC Bank
Shops & Services
3,301 visits/mo
0.3 miles
Visionworks
Shops & Services
1,322 visits/mo
0.2 miles
Demographics for 19087, PA
33,501
Population
12,829
Households
2.6
Avg Household Size
40
Median Age
78%
College-Educated
97%
High-School Grad
15.6 sq mi
ZIP Area
2,148
Density / Sq Mi
$165,451
Median Household Income
$71,234
Median Earnings
$2,130
Median Rent
$693,200
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?
Car wash - Car wash property includes a long-term triple-net lease structure on a nearly one-acre parcel.
Where is this car wash located?
The property is located at 500 E LANCASTER AVENUE Unit 105C Wayne, PA.
What is the asking price?
The asking price for this property is $318,000.
What are key features of this property?
This property features: Approximately 6,000 rentable square feet of building space; Estimated 0.99‑acre parcel; 20‑year Triple Net (NNN) lease commencing upon close of escrow
