8080 Old York Rd Elkins Park, PA 19027

Elkins Park Square is an approximately 61,500 SF mixed-use building offered in fee simple with 86% occupancy. Built in 1979 and maintained with pristine building and common area condition, the property features a roof replacement completed in 2014 with a fifteen (15) year warranty. Tenant demand is supported by a community-oriented lineup that includes food & beverage, fitness, banking with a drive-thru, and medical/health and wellness uses. The current vacancy provides a value-add opportunity through leasing and rent growth.

The property sits at a signalized entrance along Old York Road (PA 611), the main thoroughfare through the Montgomery County suburbs to the north and west, and the line is reported at 32,000 vehicles per day. Elkins Park Square is also two (2) miles from PA 309, with recent widening described as connecting Philadelphia and northern suburbs to central Pennsylvania and showing over 60,000 VPD. Old York Road (PA 611) becomes Broad Street, Philadelphia’s major north-south arterial, which is reported at 44,000 VPD. In addition, there is a SEPTA bus stop at the property and the Elkins Park SEPTA Regional Rail station is half a mile away, served by three (3) different lines.

With an adjusted weighted average tenure over 8.5 years and a dense surrounding education base, the asset offers a stable operating base alongside leasing upside tied to the remaining space.