1616 Lancaster Ave Paoli, PA 19301

This exceptional Class A, 23,454 square foot shopping center in Paoli, Pennsylvania presents a compelling investment opportunity. Located at 1616 Lancaster Avenue in Chester County, this single-story, 1966-built property underwent renovations in 2020 and sits on a 1.96-acre lot. Currently boasting 100% occupancy across three units, the property features a strong tenant mix including a well-established bridal retailer and a complementary beauty salon. All tenants are under gross leases with a remaining term of seven years, providing immediate and stable cash flow. The seller will execute a three-year sale-leaseback upon closing, further securing full occupancy and consistent revenue for the buyer. This stabilized investment offers a 7.70% cap rate and benefits from its location in a high-income area, with average household incomes exceeding $222,000 within a three-mile radius. The property enjoys high visibility on Lancaster Avenue (Route 30), a major thoroughfare with significant daily traffic volume. This prime location, coupled with the strong tenant base and long-term leases, makes this a rare and attractive investment opportunity in a highly desirable market. The property's strategic location within Philadelphia's Main Line, known for its affluence and prestige, further enhances its investment potential. This is a turnkey opportunity for investors seeking secure, long-term returns in a robust and sought-after commercial market. The asking price for this exceptional property is $6,400,000.