1 Allison Rd, Oreland, PA 19075
Community retail center in affluent Philadelphia suburb, Montgomery County, PA.
- Added:
- Oct 17, 2024
- Days on Market:
- 606
- Last Refresh:
- May 12 at 9:35 pm
Property Features for 1 Allison Rd
General Information
- Standard status
- Active
- Size
- 19,386 SF
- Property subtype
- Retail
Listing agent Jamie Weiner License #RM422933
Listing office Delphi Property Group LLC (215) 627-7300
Listing date Oct 17, 2024
Source Crexi
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 Delphi Property Group LLC
HighLights
- Affluent location in Oreland, PA, a desirable Philadelphia suburb.
- High household income: Average household incomes exceed $129,000 within a 5‑mile radius.
- Convenient location at the intersection of Bruce and Allison Roads.
- Public transportation access directly across from Septa's Oreland Station.
- ±19,386 square feet of retail space in this community retail center.
- Established center constructed in the 1950s.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $348.9k | $18.00 |
| − Vacancy | −$14.7k | −$0.76 |
| EGI | $334.3k | $17.24 |
| − OpEx | −$100.3k | −$5.17 |
| NOI | $234.0k | $12.07 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Oreland
- County
- Montgomery
- State
- Pennsylvania
- Longitude
- -75.183347
- Latitude
- 40.11676