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    104 Airport Rd Coatesville, PA 19320

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    For Lease
    Contact for pricing

    Grocery-anchored retail center, two spaces available

    Lot size:
    70,531 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Airport Village, located at 104 Airport Rd, Coatesville, PA 19320, presents a compelling investment opportunity in a thriving Chester County market. This 70,531 square foot, multi-tenant retail center sits on a 10.7-acre lot and boasts a strong tenant roster, including Aldi, Dollar Tree, Rite-Aid, Burger King, U.S. Renal Care, and Verizon. Two spaces are currently available, ranging from 3,500 to 4,336 square feet, ideal for a variety of retail uses. The property benefits from excellent visibility and accessibility, featuring three points of access, two of which provide direct access to Route 30, ensuring high traffic flow and customer convenience. The surrounding area has experienced significant recent growth, with numerous new residential, retail, and industrial developments underway, indicating a robust and expanding market. The property's Net Net Net (NNN) rent is $6.85 per square foot. This established center offers a stable income stream and significant potential for future appreciation in a dynamic and growing location. The property's strategic location and strong tenant mix make it an attractive investment opportunity for discerning buyers seeking a well-positioned retail asset in a high-growth area.

    Property Features for 104 Airport Rd

    General Information

    Property type
    Shopping centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    70,531 SF

    Unit(s) available at that property

    Space
    102
    Size
    3,500 SF
    Space
    150
    Size
    4,336 SF

    HighLights

    • 70,531 square foot multi‑tenant retail center on a 10.7‑acre lot in Coatesville, PA.
    • Strong tenant roster including Aldi, Dollar Tree, Rite Aid, Burger King, U.S. Renal Care, and Verizon.
    • Two available spaces (3,500 - 4,336 SF) ideal for various retail uses.
    • Excellent visibility and accessibility with three points of access, two directly accessing Route 30.
    • NNN rent of $6.85/SF.
    • Located in a high‑growth area with significant recent development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Coatesville
    County
    Chester
    State
    Pennsylvania
    Longitude
    -75.8689411
    Latitude
    39.984646

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    FAQs

    What type of property is this?
    Shopping center - Grocery-anchored retail center, two spaces available
    Where is this shopping center located?
    The property is located at 104 Airport Rd Coatesville, PA.
    What are key features of this property?
    This property features: 70,531 square foot multi-tenant retail center on a 10.7-acre lot in Coatesville, PA.; Strong tenant roster including Aldi, Dollar Tree, Rite Aid, Burger King, U.S. Renal Care, and Verizon.; Two available spaces (3,500 - 4,336 SF) ideal for various retail uses.
    Request Owner's contact information
    104 Airport Rd Coatesville, PA 19320
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    Coatesville, PA 19320
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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
    104 Airport Rd Coatesville, PA 19320
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