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Community Retail Center For Sale
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1 Allison Rd, Oreland, PA 19075

Community retail center in affluent Philadelphia suburb, Montgomery County, PA.

Property Size19,386 SF
Price / SF$188.28
Days on Market652

Property Features for 1 Allison Rd

General Information

Standard status Active
Size 19,386 SF
Property subtype Retail
Listing Agency: Delphi Property Group LLC
Listed By: Jamie Weiner · License #RM422933
Source: Crexi
Added: Oct 17, 2024 Changed: Jul 6 Last Checked: Jul 29 at 1:53PM

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

Investment Insights

Based on property information with market context.

Constructed in the 1950s, this community retail center comprises approximately 19,386 square feet. It is occupied by local and regional tenants. The property is located at the intersection of Bruce and Allison Roads, directly across from Septa's Oreland Station in Oreland, PA. Oreland is an affluent and established Philadelphia suburb in Montgomery County, PA, with average household incomes exceeding $129,000 within a 5-mile radius.

Key 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.

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
19,386 SF · lease $18.00/SF/yr · vacancy 4.20% · expense 30.00%

Alternative Uses

Best Use
Retail
$3.34M
$2.93M – $3.90M (±1% cap)
NOI $234,005 @ 7.0% cap · market cap 6.41%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$11.15M
$9.76M – $13.01M (±1% cap)
NOI $780,572 @ 7.0% cap · market cap 21.39%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Dental Office Hair Salon Nail Salon

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

338
Businesses Nearby
3k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Home Improvements & Furnishings 100%
Stanley's Of Oreland True Valu Home Improvements & Furnishings
3,249 visits/mo 0.1 miles

Demographics for 19075, PA

7,698
Population
3,016
Households
2.6
Avg Household Size
41
Median Age
57%
College-Educated
98%
High-School Grad
1.9 sq mi
ZIP Area
4,052
Density / Sq Mi
$117,356
Median Household Income
$66,658
Median Earnings
$1,204
Median Rent
$415,400
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Community retail center in affluent Philadelphia suburb, Montgomery County, PA.
Where is this shopping center located?
The property is located at 1 Allison Rd Oreland, PA.
What is the asking price?
The asking price for this property is $3,650,000.
What are key features of this property?
This property features: 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.
(215) 627-7300 Call to check price and availability
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