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Property profile

700 York Rd Warminster, PA 18974

OFF-MARKET
Grocery and convenience stores
Property ID
US73-1452857
View Sample
56,025 SF 9.15 ac lot Built 1970
Entity Owned 1-yr Hold Free & Clear

Property summary

AI-generated overview

This exceptional investment opportunity presents a brand-new, 56,651 square foot Tesla Sales, Service, and Delivery center in Warminster, Pennsylvania. Located on a sizable 9.15-acre lot at 700 York Rd (zip code 18974), this single-tenant property boasts a new long-term net lease with built-in annual rent increases, offering a secure and attractive 6.30% cap rate. The property's strategic location within the Philadelphia MSA (population 6,245,051, GDP $518.5 billion) places it in a high-traffic area, neighboring top-performing auto dealerships, creating significant visibility and customer access. Built in 2023, the property benefits from strong demographics, with an average household income of $154,173 within a 10-mile radius and a total population of 1,941,626 within a 15-mile radius. The oversized lot provides ample room for future expansion to accommodate Tesla's growing vehicle delivery volumes. The tenant, Tesla (NASDAQ: TSLA), has demonstrated consistent profitability for 20 consecutive quarters, further enhancing the investment's stability and long-term potential. This property is credit-rated, providing additional security for investors. The high-traffic location on York Road (30,331 AADT) ensures excellent visibility and accessibility. This is a rare opportunity to acquire a high-performing asset in a prime location with a strong, established tenant.

Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1970
Total area 56,025 SF
Lot 9.15 ac (398,574 SF)
Zoning code SC
APN 49-009-043
UPID US73-1452857

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
  • Car Dealership

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$5.90M
CAP Approach CAP
by Request
Comparable Approach Comparable
$6.13M
Blend (final) Blend
$5.78M

Owner & transaction history

since 2025
Last sale
$5.5M
7 recorded transactions
2025
Price N/A
2023
$5.5M
2017
$5.4M
2014
$2.9M
2014
$1,021
2007
$7.9M
2000
Price N/A

Zoning & alternative use

SC · Warminster, 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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