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    121 State Rd Springfield, PA 19064

    For Lease
    Contact for pricing

    Prime Retail Space, Delaware County, PA

    Lot size:
    14,535 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional retail property, located at 121 S State Rd in Springfield, Pennsylvania (zip code 19064), presents a unique investment opportunity in Delaware County. The Springfield Shopping Center offers both inline spaces and pad sites, providing flexibility for a variety of retail and restaurant uses. The maximum contiguous square footage available is 6,535 square feet, making it suitable for both smaller businesses and larger operations. The property's multi-tenant configuration allows for diverse occupancy and potential for synergistic businesses. Its strategic location within the Springfield Shopping Center ensures high visibility and accessibility for customers. The property type is classified as retail and restaurant, with the subtype being outparcel/pad and strip center. This prime location in Delaware County offers excellent access to a substantial consumer base, making it an attractive proposition for businesses seeking a thriving retail environment. The property's address is easily accessible and benefits from strong local traffic patterns. This is an ideal opportunity for businesses looking to establish or expand their presence in a vibrant and growing market. The property's precise coordinates are latitude 39.93796019161025 and longitude -75.34973996604315.

    Property Features for 121 State Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    14,535 SF

    Unit(s) available at that property

    Space
    Pad Site 2
    Size
    8,000 SF
    Space
    Inline Spaces
    Size
    6,535 SF

    HighLights

    • Grocery‑anchored center with excellent market position and high visibility.
    • Shadow‑anchored by Giant Food, Verizon, Staples, and Orange Theory Fitness.
    • Signalized access to major thoroughfares Route 1 and Route 320.
    • High traffic counts: Route 1 (48,268 ADT) and Route 320 (27,770 ADT).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.349739966043
    Latitude
    39.93796019161

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Retail Space, Delaware County, PA
    Where is this neighborhood center located?
    The property is located at 121 State Rd Springfield, PA.
    What are key features of this property?
    This property features: Grocery-anchored center with excellent market position and high visibility.; Shadow-anchored by Giant Food, Verizon, Staples, and Orange Theory Fitness.; Signalized access to major thoroughfares Route 1 and Route 320.
    Request Owner's contact information
    121 State 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
    121 State Rd Springfield, PA 19064
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