Building Details

Year Built 2019

Units 6

Tenancy Multi

Listing Agency: Bennett Williams Commercial t***@bennettwilliams.com Show Phone

Listed By: Joshua Miller, CCIM · License #PA RS365967

Source: Crexi

Added: Jun 13, 2023 Changed: Aug 12 Last Checked: Aug 26 at 12:12PM

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Investment Insights

Based on property information with market context.

This 9,050 square foot retail condominium strip center is located in Wyndmoor, Montgomery County, approximately one half mile from the Philadelphia County line. Completed in 2019, the property is part of a mixed-use development encompassing 27,000 square feet. The development consists of six ground floor, class A retail units and ten residential condominiums, which are not included in this offering. Each unit is individually parceled, sub-metered, and managed by the condominium association. The property is 100% occupied. The area has 167,000 residents within a three-mile radius and an average household income of $95,000.

Key Highlights

• 100% Occupied Retail Condominium Strip Center
• Exceptional Passive Investment Opportunity
• Located in Wyndmoor, Montgomery County, near Philadelphia County line

Property Analytics

Property Profile

Current Use

Pure Barre Gym & Fitness Center froot Restaurant Wyndmoor Firehouse Corporate Office The Lash Lounge Hair Salon NAIL STORY Nail Salon

Suggested Use

Top Pick Law Firm Building Supply Dental Office Hair Salon Auto Parts Store Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

478

Businesses Nearby

15k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 93% Beauty & Spa 7%

7-Eleven Shops & Services

7,148 visits/mo 0.0 miles

Conoco Shops & Services

6,425 visits/mo 0.1 miles

The Lash Lounge Beauty & Spa

1,099 visits/mo 0.0 miles

Demographics for 19038, PA

32,490

Population

11,889

Households

2.7

Avg Household Size

40

Median Age

56%

College-Educated

96%

High-School Grad

8.2 sq mi

ZIP Area

3,962

Density / Sq Mi

$113,464

Median Household Income

$56,934

Median Earnings

$1,407

Median Rent

$387,800

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

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Frequently Asked Questions

What type of property is this?

Strip mall - 9,050 SF retail condominium strip center in Wyndmoor, PA.

Where is this strip mall located?

The property is located at 909 E Willow Grove Ave Wyndmoor, PA.

What is the asking price?

The asking price for this property is $4,195,000.

What are key features of this property?

This property features: 100% Occupied Retail Condominium Strip Center; Exceptional Passive Investment Opportunity; Located in Wyndmoor, Montgomery County, near Philadelphia County line