Technical
Financial
Distress signals
Property profile

2333 Welsh Rd Lansdale, PA 19446

FOR LEASE
Community centers
Property ID
US73-2266813
220,124 SF 33.16 ac lot Built 2019
Entity Owned 8-yr Hold Free & Clear
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Property summary

AI-generated overview

Ralph's Corner Shopping Center, a thriving retail strip center in Lansdale, Montgomery County, Pennsylvania, offers exceptional leasing opportunities. This prominent 236,175 square foot center boasts a diverse tenant mix, including established national brands like Kohl's, Aldi, Ross, Fine Wine & Good Spirits, Applebee's, and CVS. The center's strategic location ensures high visibility and accessibility, with three convenient access points catering to a robust weekday and weekend customer base. Strong traffic counts and high household incomes in the surrounding area contribute to a consistently strong performance. Available spaces cater to a variety of needs, ranging from a junior anchor space of 11,675 square feet to inline/endcap units from 2,500 to 8,965 square feet. A 1.14-acre pad site is also available for development. The recently opened premium Fine Wine & Good Spirits store further enhances the center's appeal and draws significant foot traffic. This is an unparalleled opportunity to join a successful retail center in a prime location with a proven track record of success. Minimum divisible space is 2,500 square feet, with a maximum contiguous space of 11,675 square feet. The center's strong tenant roster and high-traffic location make it an ideal investment for businesses seeking high visibility and a strong customer base in a thriving Montgomery County market.

Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 2019
Total area 220,124 SF
Lot 33.16 ac (1,444,450 SF)
Zoning code SC
APN 35-00-11410-00-3
UPID US73-2266813

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Barber Shop
  • Restaurant
  • Restaurant Take-out & Catering
  • Atm

Location

2333 Welsh Rd Lansdale, PA 19446
Lansdale metro Census 200708 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$16.31M

Owner & transaction history

since 2018
3 recorded transactions
2018
Price N/A
2013
Price N/A
1969
Price N/A

Zoning & alternative use

SC · Lansdale, PA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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