800 Lincoln Hwy Coatesville, PA 19320
This exceptional investment opportunity presents a fee-simple ground lease to Walgreens, sublet to Dollar Tree, a Fortune 500 company. The property, located at 800 Lincoln Highway East in Coatesville, Pennsylvania (Chester County, zip code 19320), encompasses 14,800 square feet on a 1.3-acre lot. Built in 2011, this Class A retail building boasts a 100% occupancy rate, with Dollar Tree operating under a 25-year absolute NNN lease commencing July 31, 2011, and expiring July 30, 2036. The remaining lease term is approximately 11.7 years. The property features a strong cap rate of 7.46% and a current NOI of $209,000, with an asking price of $2,800,000 ($189.19 per square foot). The lease includes 10% rent increases every 10 years. The property is zoned commercial and benefits from its location in a high-income area, with an average household income exceeding $101,000 and a population exceeding 71,000 within a 5-mile radius. Coatesville's strategic location offers proximity to Wilmington, Delaware (26 miles), Philadelphia International Airport (41 miles), and Philadelphia (43 miles). This is a rare opportunity to acquire a stable, high-performing retail investment with a long-term lease and significant upside potential. The ground lease also expires July 30, 2036, with approximately 12.2 years remaining.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.