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    Knapp Rd. & Rte 202 North Wales, PA 19454

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    For Lease
    Contact for pricing

    Prime Retail Space Available in North Wales, PA

    Lot size:
    254,432 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Montgomery Square, a dominant power center in Montgomery County, Pennsylvania, presents a significant retail opportunity. This established strip center, located at the intersection of Knapp Rd. and Rte. 202 in Montgomeryville (zip code 19454), boasts a substantial 254,432 square feet of total building space. Currently, there is 2,925 square feet of vacant retail space available, ideal for a variety of businesses. The property sits on a large 45-acre lot and offers ample parking with 1,247 spaces to accommodate customers and employees. Its strategic location within the market's primary retail hub ensures high visibility and accessibility. The property is classified as a multi-tenant retail center, indicating a thriving and established commercial environment. The address is easily accessible from major roadways, providing convenient access for shoppers and employees. This property offers a unique chance to establish or expand a business in a high-traffic, well-established retail center. The available space presents a compelling opportunity for businesses seeking a prominent location in a thriving commercial area. The substantial parking ensures convenient access for customers, contributing to a positive shopping experience. This is a prime location for businesses looking to capitalize on the high volume of traffic in this established retail hub.

    Property Features for 0 Knapp Rd. & Rte 202

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    254,432 SF

    Unit(s) available at that property

    Space
    Suite 14
    Size
    2,925 SF

    HighLights

    • 254,432 square feet of gross leasable area (GLA).
    • 1,247 parking spaces available.
    • Excellent retail location anchored by Target and Giant.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    North Wales
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.238426
    Latitude
    40.22677

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Space Available in North Wales, PA
    Where is this retail property located?
    The property is located at Knapp Rd. & Rte 202 North Wales, PA.
    What are key features of this property?
    This property features: 254,432 square feet of gross leasable area (GLA).; 1,247 parking spaces available.; Excellent retail location anchored by Target and Giant.
    Request Owner's contact information
    Knapp Rd. & Rte 202 North Wales, PA 19454
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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
    Knapp Rd. & Rte 202 North Wales, PA 19454
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