3540 Lincoln Hwy Thorndale, PA 19372

Property Details for 3540 Lincoln Hwy

Year built

1980

Property size

2,000 SF

Property type

Flex space

Property subtype

Distribution centers

APN

39-04H-0033, 39-04H-0033.0100, 39-04H-0034, 39-04H-0035, 39- 04H-0036

Description

This exceptional investment opportunity in Thorndale, PA, presents a thriving, turnkey towing and automotive business established in 1996. The property includes four tow trucks valued at $600,000, all necessary equipment for continued operations, and six fully-leased residential units, providing a stable income stream beyond the core business. Located at 3540 Lincoln Hwy, this mixed-use property boasts a substantial 30,650 square foot lot and a 2,000 square foot building, zoned TV1. The property features a Class B building constructed in 1980 and offers a compelling 14.30% cap rate with a Net Operating Income (NOI) of $429,139. The asking price is $3,000,000, representing a fee simple ownership opportunity. The property's APN is 39-04H-0033, 39-04H-0033.0100, 39-04H-0034, 39-04H-0035, 39-04H-0036. The business enjoys long-term contracts and offers significant value-add potential through business expansion or rental income increases. The property is ideally situated on Business Route 30 and is ready for immediate operation, with no deferred maintenance. Occupancy for the property is slated for December 13, 2024. This is a rare opportunity to acquire a well-established business with substantial rental income, offering both immediate returns and long-term growth potential.