Meineke NNN Automotive
For Sale
Contact for pricing
630 South West End Boulevard, Quakertown, PA 18951
Automotive service building with an absolute NNN lease and established franchise occupancy.
Property Size4,104 SF
Price / SF$487.33
Days on Market9
Property Features for 630 South West End Boulevard
General Information
Standard status
Active
Size
4,104 SF
Property subtype
Retail
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$140,000
Additional Details
Traffic Count
33,000 vehicles/day
Building Details
Year Built
1994
Tenancy
Single
Listing Agency:
Blue West Capital
(949) 270-8210
Listed By:
Brian Wolfman · License #100090116
Source:
Crexi
Added: Aug 4
Changed: Aug 12
Last Checked: Aug 12 at 2:14AM
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 Blue West Capital
Investment Insights
Based on property information with market context.
This 4,104-square-foot automotive service property was built in 1994 and is occupied by a Meineke Car Care Center. The lease is structured as absolute NNN, with a personal guarantee from PB6 Auto, an experienced multi-unit franchisee.
The building fronts South West End Boulevard, also designated Route 309, within Quakertown’s primary commercial corridor. Reported traffic volume exceeds 33,000 vehicles per day. The property is situated among Ciocca Chevrolet, Ciocca Ford, and Quakertown Mitsubishi on the area’s automotive-oriented commercial strip.
The reported five-mile trade area includes more than 49,000 residents, with average household income above $118,000. The Quakertown property is part of the Greater Philadelphia MSA.
The building fronts South West End Boulevard, also designated Route 309, within Quakertown’s primary commercial corridor. Reported traffic volume exceeds 33,000 vehicles per day. The property is situated among Ciocca Chevrolet, Ciocca Ford, and Quakertown Mitsubishi on the area’s automotive-oriented commercial strip.
The reported five-mile trade area includes more than 49,000 residents, with average household income above $118,000. The Quakertown property is part of the Greater Philadelphia MSA.
Key Highlights
- 4,104‑square‑foot automotive service property built in 1994
- Absolute NNN lease structure
- Personal guarantee from PB6 Auto, an experienced multi‑unit franchisee
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$59,554
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.98%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,191,080
$1.2M
Cap Rate 7%
$850,771
$850.8K
Cap Rate 9%
$661,711
$661.7K
Market Conditions
NOI Build-Up for 4,104 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$90.1K $21.96/SF
− Vacancy
−$5.0K −$1.23/SF
EGI
$85.1K $20.73/SF
− OpEx
−$25.5K −$6.22/SF
NOI
$59.6K $14.51/SF
Area
Bucks County, PA
Vacancy
5.60%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,191,080
Cap Rate 7%
$850,771
Cap Rate 9%
$661,711
Alternative Uses
Best Use
Retail
$850.8K
$744.4K – $992.6K
NOI $59,554 @ 7.0% cap · market cap 2.98%
Second Best
Industrial
$430.4K
$376.6K – $502.2K
NOI $30,130 @ 7.0% cap · market cap 1.51%
Theoretical Best
Office A
$1.24M
$1.09M – $1.45M
NOI $87,100 @ 7.0% cap · market cap 4.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
33,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
769
Businesses Nearby
24k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 75%
Dining 25%
Speedway
Shops & Services
11,040 visits/mo
0.5 miles
Sal's Pizza
Dining
3,107 visits/mo
0.3 miles
Pizza Hut
Dining
2,204 visits/mo
0.2 miles
Pep Boys Auto Parts & Service
Shops & Services
2,130 visits/mo
0.4 miles
Jiffy Lube
Shops & Services
1,882 visits/mo
0.5 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
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Frequently Asked Questions
What type of property is this?
NNN property - Automotive service building with an absolute NNN lease and established franchise occupancy.
Where is this nnn property located?
The property is located at 630 South West End Boulevard Quakertown, PA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 4,104‑square‑foot automotive service property built in 1994; Absolute NNN lease structure; Personal guarantee from PB6 Auto, an experienced multi‑unit franchisee
