AutoZone Investment
For Sale
Contact for pricing
7117 Marshall Rd, Upper Darby, PA 19082
Single-tenant AutoZone property with long-term stability in Upper Darby, PA.
Property Size7,327 SF
Price / SF$168.01
Days on Market180
Property Features for 7117 Marshall Rd
General Information
Standard status
Active
Size
7,327 SF
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$61,548
Building Details
Year Built
1976
Buildings
1
Tenancy
Single
Listing Agency:
Forged Real Estate
(610) 608-2621
Listed By:
Marco DiPrinzio · License #327764
Source:
Crexi
Added: Feb 11
Changed: Aug 8
Last Checked: Aug 8 at 6:36AM
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 Forged Real Estate
Investment Insights
Based on property information with market context.
The property is a single-tenant building leased to AutoZone in Upper Darby, Pennsylvania, approximately 5 miles west of Center City Philadelphia. AutoZone occupies the property under a triple-net (NNN) lease with approximately seven years remaining. The annual rent is $61,548, which is $8.40 per square foot. The tenant has operated at this location for over 28 years. The property is positioned along Marshall Road, with frontage and exposure to approximately 23,200 vehicles per day. The surrounding area within a 5-mile radius has 721,000 residents and 298,000 households, with an average household income of $105,000. The 3-mile trade area includes 363,000 residents and 144,000 households. The property size is 7,327 square feet.
Key Highlights
- Investment‑grade credit tenant (AutoZone, S&P: BBB) with approximately 7 years remaining on a triple‑net (NNN) lease, offering a hands‑off ownership opportunity.
- Long‑term tenant stability with AutoZone operating at this location for over 28 years.
- Below‑market rent of $61,548 annually ($8.40 PSF) provides potential for future rental growth.
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
$71,933
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
5.84%
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%
$1,438,660
$1.4M
Cap Rate 7%
$1,027,614
$1.0M
Cap Rate 9%
$799,256
$799.3K
Market Conditions
NOI Build-Up for 7,327 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
$109.9K $15.00/SF
− Vacancy
−$7.1K −$0.98/SF
EGI
$102.8K $14.03/SF
− OpEx
−$30.8K −$4.21/SF
NOI
$71.9K $9.82/SF
Area
Delaware County, PA
Vacancy
6.50%
Lease Rate
$15.00 /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%
$1,438,660
Cap Rate 7%
$1,027,614
Cap Rate 9%
$799,256
Alternative Uses
Best Use
Retail
$1.03M
$899.2K – $1.20M
NOI $71,933 @ 7.0% cap · market cap 5.84%
Second Best
Industrial
$634.9K
$555.5K – $740.7K
NOI $44,440 @ 7.0% cap · market cap 3.61%
Theoretical Best
Office A
$2.22M
$1.94M – $2.59M
NOI $155,503 @ 7.0% cap · market cap 12.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,422
Businesses Nearby
216k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 36%
Apparel 28%
Shops & Services 24%
Electronics 5%
Burlington
Apparel
22,345 visits/mo
0.4 miles
Ross Dress for Less
Apparel
20,776 visits/mo
0.5 miles
Popeyes Louisiana Kitchen
Dining
20,002 visits/mo
0.2 miles
Wendy's
Dining
17,045 visits/mo
0.3 miles
McDonald's
Dining
16,228 visits/mo
0.3 miles
Demographics for 19082, PA
42,761
Population
16,775
Households
2.5
Avg Household Size
35
Median Age
23%
College-Educated
84%
High-School Grad
2.6 sq mi
ZIP Area
16,447
Density / Sq Mi
$55,551
Median Household Income
$36,139
Median Earnings
$1,178
Median Rent
$155,400
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
- U-Haul Neighborhood Dealer — 130 S State Rd, Upper Darby, PA 19082
- Enterprise Rent-A-Car — 706 Garrett Rd, Upper Darby, PA 19082
Frequently Asked Questions
What type of property is this?
Automotive property - Single-tenant AutoZone property with long-term stability in Upper Darby, PA.
Where is this automotive property located?
The property is located at 7117 Marshall Rd Upper Darby, PA.
What is the asking price?
The asking price for this property is $1,231,000.
What are key features of this property?
This property features: Investment‑grade credit tenant (AutoZone, S&P: BBB) with approximately 7 years remaining on a triple‑net (NNN) lease, offering a hands‑off ownership opportunity.; Long‑term tenant stability with AutoZone operating at this location for over 28 years.; Below‑market rent of $61,548 annually ($8.40 PSF) provides potential for future rental growth.
