677 W Dekalb Pike King of Prussia, PA 19406
Property profile & analytics
677 W Dekalb Pike, King of Prussia, PA 19406
- Retail space
- 2,600 SF
- 0.30 lot acres
Property ID
US73-2335986
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
- AGM / Corporate Office
- Jessica Jones, Realty Mark Cityscape-King of Prussia / Real Estate Agency
- Kenneth Logan, Realty Mark Associates - KOP / Real Estate Agency
- Online Real Estate School Inc. / Vocational School / Training Center
- Distribution By Air / Distribution Center / Logistics Company
Property Details for 677 W Dekalb Pike
- Year built
- 2024
- Lot size
- 0.30 lot acres
- Property type
- Retail space
- Property subtype
- Storefront properties
- APN
- 58-00-06382-01-3
Description
This exceptional investment opportunity presents a fee-simple ownership of a brand-new, 2,600-square-foot AT&T retail storefront in King of Prussia, Pennsylvania. Built in 2024, the property boasts a 10-year NNN lease with two 5-year renewal options, ensuring long-term stability. The lease includes 10% rental increases every five years, providing built-in protection against inflation and a steadily growing net operating income (NOI) currently at $328,900, representing a 5.50% cap rate on the $5,980,000 asking price. The property sits on a 0.3-acre lot with 14 parking spaces and benefits from excellent visibility at a signalized intersection of Wilson Road and West Dekalb Pike, a high-traffic area with over 34,000 vehicles daily. Its strategic location adjacent to the King of Prussia Mall, the largest mall in Pennsylvania, and proximity to major highways (I-276, I-76, US-422) and numerous national retailers (Target, Walmart, Costco, etc.) ensures high consumer traffic and strong tenant synergy. The property is also conveniently located near several large apartment complexes, providing a substantial residential customer base. The 5-mile trade area boasts over 195,000 residents and 180,000 daytime employees with an average household income exceeding $157,000. The property is zoned CL - Limited Commercial and has the APN 58-00-06382-01-3. This is a low-management, high-yield investment opportunity with significant upside potential. 100% occupancy.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- King of Prussia
- County
- Montgomery
- State
- Pennsylvania
- Longitude
- -75.385561
- Latitude
- 40.0865603
