Add Listing
    For Lease
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    99 Market St Collegeville, PA

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space in highly visited regional shopping center.

    Type:RETAIL
    Property size:
    4,551 SF
    Lot size:
    80.09 Acres
    Added:
    Apr 1, 2024
    Days on Market:
    762
    Last Refresh:
    Apr 5 at 10:09 pm

    Property Features for 99 Market St

    General Information

    Standard status
    Active
    Size
    4,551 SF
    Lot size
    80.09 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 99 Market St Contact us

    We can help!

    Listing Contact
    Brian Bruzek

    Listing agent Brian Bruzek

    Listing office CBRE | Philadelphia Suburban

    Listing date Apr 1, 2024

    Source Moodyscre

    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 CBRE | Philadelphia Suburban

    Overview

    Regional Retail Center Space Available

    Located in Montgomery County, a 45-minute drive from Center City Philadelphia, this retail space is situated within a shopping and dining destination. The property is part of a mixed-use development that, upon completion, will include a total of 586 residential units and 126 hotel rooms. The retail center is anchored by Wegman's and offers visibility and regional access at Route 422 and Route 29. The available space is 4,551 square feet. According to provided data, this is the number one visited retail center in the region and the number four visited retail center in Pennsylvania.
    Location Intelligence

    Current Use by Public Records

    Kumo Sushi in Collegeville Restaurant Nothing Bundt Cakes Bakery Ember + Ale Restaurant

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Nail Salon Gym & Fitness Center Auto Parts Store

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

    Similar Places Nearby

    • Providence Town Center — Town Center Dr, Collegeville, PA 19426
    • Providence Town Center — 10 Town Center Dr, Collegeville, PA 19426

    Location Insight

    • Map
    • Local Demand
    City
    Collegeville
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.4664
    Latitude
    40.1593

    Nearby Similar for Lease

    • $3,000/Mo

      Collegeville Flex Space with Loading

      Office/storage space with loading dock, available 7/1/26.
      3770 RIDGE Pike, COLLEGEVILLE, PA 19426
      View Details
    • $2,500/Mo

      Prime Retail Space in Collegeville

      Retail space in a busy Collegeville location with ample parking.
      3815 RIDGE Pike, COLLEGEVILLE, PA 19426
      View Details
    • $775/Mo

      Collegeville Commercial Office For Lease

      Former psychology building available for lease in Collegeville, PA.
      3774 RIDGE Pike, COLLEGEVILLE, PA 19426
      View Details
    • $1,600/Mo

      Retail Space in Collegeville, PA

      Retail or professional space in high-traffic Main Street location.
      339 MAIN Street, COLLEGEVILLE, PA 19426
      View Details
    • $500/Mo

      Collegeville Office Spaces For Lease

      Affordable office spaces with modern amenities and convenient location.
      3819 GERMANTOWN Pike, COLLEGEVILLE, PA 19426
      View Details
    • $750/Mo

      Warehouse Space with High Visibility

      Raw commercial space in Eagleville/Collegeville corridor with excellent visibility.
      3868 GERMANTOWN Pike, COLLEGEVILLE, PA 19426
      View Details
    • $2,500/Mo

      Retail Space in Evansburg Commons

      Retail space available for rent in Collegeville, Pennsylvania.
      3815 Ridge Pike #5, Collegeville, PA 19426
      View Details
    • $750/Mo

      Eagleville Retail Space For Rent

      Commercial space with frontage on Germantown Pike in Eagleville.
      3868 Germantown Pike, COLLEGEVILLE, PA, 19426-3157
      View Details
    • $1,900/Mo

      Collegeville Office Spaces For Lease

      Affordable office spaces with modern amenities and ample parking.
      3819 Germantown Pike, COLLEGEVILLE, PA, 19426-3164
      View Details
    • Contact for pricing

      Office Space Available For Lease

      Office property available for lease in Collegeville, PA.
      100 Springhouse Drive, Collegeville, PA 19426
      View Details
    • Contact for pricing

      Premium Office Space Available

      High-quality office space with superior features and convenient location.
      100 Springhouse Drive, Collegeville, PA
      View Details
    • Contact for pricing

      Retail Space in Wegmans-Anchored Center

      Space in a high-traffic shopping center near Philadelphia.
      121 Market St, Collegeville, PA
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail space in highly visited regional shopping center.
    Where is this shopping center located?
    The property is located at 99 Market St Collegeville, PA.
    What are key features of this property?
    This property features: #1 Visited Retail Center in the Region; Wegman's anchored power center; Located in affluent Montgomery County
    (610) 251-0820 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Brian Bruzek
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    99 Market St, Collegeville, PA

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!