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Property profile & analytics
FOR LEASE
Outlet malls

350 Main St Pennsburg, PA 18073

12,700 SF 1.18 ac lot Built 2006
Entity Owned 13-yr Hold ~ Est. High Equity
Property ID
US73-2381266
Property summary
AI-generated overview

This exceptional Class A retail property, located at 350 Main Street in Pennsburg, Pennsylvania, offers 11,064 square feet of vacant space in a single-tenant building. Ideally situated at the highly visible corner of Main Street/Gravel Pike and Quakertown Avenue, this property boasts significant street frontage and exposure to high traffic volume. The building is zoned Commercial (C) and benefits from a substantial 61,513-acre lot providing ample parking for 67 vehicles. The former drug store layout offers a versatile space adaptable to a variety of retail uses. The property is ready for immediate occupancy, presenting a unique opportunity for businesses seeking a prominent location in Montgomery County. Its convenient access and substantial parking make it an attractive option for customers and employees alike. The building's size and location make it an ideal space for a large-format retailer or a business requiring significant space and visibility. This is a rare opportunity to secure a prime retail location in a thriving community. The property's substantial land area also offers potential for future expansion or development, subject to local zoning regulations. Contact us today to learn more about this exceptional retail opportunity.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 2006
Total area 12,700 SF
Lot 1.18 ac (51,208 SF)
Zoning code C
APN 15-00-01054-00-2
UPID US73-2381266
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.91M
Owner & transaction history
Aps Realty Corp · 13 yrs held
Aps Realty Corp
since 2012
7 recorded transactions
2012
$7.8M
2005
Price N/A
2005
$1.3M
2005
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C · Pennsburg, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $3.8M +9.8%
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More about this property
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