400 Lincoln Hwy Coatesville, PA 19320-3412
Property profile & analytics
400 Lincoln Hwy, Coatesville, PA 19320-3412
- Turn key restaurants
- 8,208 SF
- 0.83 lot acres
Property ID
US73-5517051
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Turn key restaurants
Property Details for 400 Lincoln Hwy
- Year built
- 2016
- Lot size
- 0.83 lot acres
- Zone code
- C2
- Property type
- Turn key restaurants
- APN
- 1606 03130000
- APU
- 160603130000
Description
This exceptional investment opportunity presents a single-tenant, absolute NNN leased Family Dollar storefront located at 400 Lincoln Hwy E, Coatesville, PA 19320. The property boasts 8,320 square feet on a 0.83-acre lot and was constructed in 2016. Currently operating at 100% occupancy, the lease with Family Dollar (a BBB- rated tenant by Standard & Poors, backed by a corporate guarantee) extends until March 31, 2031, offering a remaining term of approximately 6.4 years. The current annual net operating income (NOI) is $132,244, representing a 10.00% capitalization rate. A significant 10% rent increase is scheduled for April 1, 2026, further enhancing the investment's return. The property benefits from its prime location on Lincoln Highway East, a major thoroughfare in Coatesville with approximately 10,000 vehicles per day, and serves a strong demographic area with an average household income within a three-mile radius of approximately $102,000. This is a truly passive investment opportunity with zero landlord responsibilities due to the absolute NNN lease structure. The asking price is $1,322,440, translating to a price per square foot of $158.95.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,190,000
- AI Estimate
- $932,000
Market price range: $423k - $1.19MMarket price range: $364k - $932k -
Alternative Use
- Use
- Estimation
- RESTAURANT
- $815,000 Current use
- COMMERCIAL (GENERAL)
- $1,875,000 Change: +130% Conversion: Easy
- AUTO REPAIR, GARAGE
- $1,755,000 Change: +116% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $1,560,000 Change: +92% Conversion: Difficult
- WAREHOUSE, STORAGE
- $1,095,000 Change: +35% Conversion: Difficult
- INDUSTRIAL (GENERAL)
- $1,045,000 Change: +28% Conversion: Difficult
- OFFICE BUILDING
- $1,005,000 Change: +24% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Coatesville
- County
- Chester
- State
- Pennsylvania
- Longitude
- -75.817
- Latitude
- 39.9838
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$56,822
$38,360
$906,640
$945,000
-
$38,360
$947,770
$986,130
