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    1 & Pa 420 & Sproul Rd Springfield, PA 19064

    Sponsored
    For Lease
    Contact for pricing

    High-traffic retail space available in Springfield, PA

    Lot size:
    175,068 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail property, located at the intersection of US 1, PA 420, and Sproul Road in Springfield, Pennsylvania (zip code 19064), offers a prime opportunity for businesses seeking high visibility and accessibility. The property is a strip center with a nail salon and other retail tenants, totaling 175,068 square feet. Currently, there is one vacant suite comprising 4,000 square feet, ideal for a variety of retail or restaurant uses. The center benefits from a strong anchor tenant lineup, including a Giant Food Supermarket and a Staples. This location serves the densely populated Springfield market, a thriving western suburb of Philadelphia within Delaware County. Ample parking is available with 1,400 spaces to accommodate customers and employees. The property's strategic location at a major intersection ensures high traffic volume and excellent exposure to a large customer base. This is a rare opportunity to establish a business in a well-established and successful shopping center within a highly desirable demographic area. A virtual tour is available online. The property is situated in Delaware County, Pennsylvania.

    Property Features for 1 & Pa 420 & Sproul Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    175,068 SF

    Unit(s) available at that property

    Space
    Suite K27
    Size
    4,000 SF

    HighLights

    • 175,068 square feet of GLA
    • 1,400 parking spaces
    • Philadelphia‑Camden‑Wilmington (PA‑NJ‑DE‑MD) Metro Area
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Springfield
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.350587
    Latitude
    39.936188

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    FAQs

    What type of property is this?
    Restaurant - High-traffic retail space available in Springfield, PA
    Where is this restaurant located?
    The property is located at 1 & Pa 420 & Sproul Rd Springfield, PA.
    What are key features of this property?
    This property features: 175,068 square feet of GLA; 1,400 parking spaces; Philadelphia-Camden-Wilmington (PA-NJ-DE-MD) Metro Area
    Request Owner's contact information
    1 & Pa 420 & Sproul Rd Springfield, PA 19064
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    Springfield, PA 19064
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1 & Pa 420 & Sproul Rd Springfield, PA 19064
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