Absolute NNN Ground
For Sale
Contact for pricing
604 N West End Blvd, Quakertown, PA 18951
Corporate tenant occupancy and scheduled increases support a long-term net-leased investment structure.
Property SizeContact for details
Days on Market143
Property Features for 604 N West End Blvd
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 30
Last Checked: Aug 30 at 1:25AM
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.
This absolute-net ground lease is occupied by BB&T, which has operated at the property since 2008. More than 3 years remain on the initial 15-year term, followed by three renewal options that each provide 12% rental increases. The lease carries a corporate guarantee from BB&T, an investment-grade tenant rated A- by Standard & Poor's, with no landlord responsibilities or expenses under the lease structure.
The property serves as an outparcel to Richland Marketplace, a 266,565-square-foot community center anchored by BJ's and ALDI. Additional surrounding retailers include Target, Ulta, Chick-Fil-A, Best Buy, and Petsmart. The site fronts Route 309, which records 33,000 vehicles daily, and sits within Quakertown's primary retail corridor at the intersection of Routes 309, 313, and 663.
The property serves as an outparcel to Richland Marketplace, a 266,565-square-foot community center anchored by BJ's and ALDI. Additional surrounding retailers include Target, Ulta, Chick-Fil-A, Best Buy, and Petsmart. The site fronts Route 309, which records 33,000 vehicles daily, and sits within Quakertown's primary retail corridor at the intersection of Routes 309, 313, and 663.
Key Highlights
- BB&T has occupied the site since 2008 with more than 3 years remaining on the initial 15‑year term
- Absolute‑net ground lease with no landlord responsibilities or expenses
- Three renewal options include 12% rental increases in each option period
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
178
Businesses Nearby
363k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 36%
Shops & Services 22%
Dining 19%
Groceries 8%
Target
Superstores
89,273 visits/mo
0.2 miles
Chick-fil-A
Dining
55,697 visits/mo
0.1 miles
Wawa
Shops & Services
49,732 visits/mo
0.2 miles
BJ's Wholesale Club
Superstores
39,805 visits/mo
0.3 miles
Aldi
Groceries
27,596 visits/mo
0.1 miles
Demographics for 18951, PA
36,111
Population
14,862
Households
2.4
Avg Household Size
43
Median Age
33%
College-Educated
94%
High-School Grad
71.7 sq mi
ZIP Area
504
Density / Sq Mi
$95,084
Median Household Income
$49,570
Median Earnings
$1,341
Median Rent
$339,000
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?
NNN property - Corporate tenant occupancy and scheduled increases support a long-term net-leased investment structure.
Where is this nnn property located?
The property is located at 604 N West End Blvd Quakertown, PA.
What are key features of this property?
This property features: BB&T has occupied the site since 2008 with more than 3 years remaining on the initial 15‑year term; Absolute‑net ground lease with no landlord responsibilities or expenses; Three renewal options include 12% rental increases in each option period
