821 Bethlehem Pike North Wales, PA 19477
This Spring House, PA shopping center presents a compelling value-add investment opportunity. Located at 821 N Bethlehem Pike, this 24,214 square foot property boasts three buildings, 11 tenants, and a 100% occupancy rate, generating a strong NOI of $265,550. Situated on a 1.77-acre lot with 32 parking spaces, the center benefits from a prominent 153-foot frontage on heavily trafficked N Bethlehem Pike. The property's Business District D zoning allows for continued operation and potential future development. The strong tenant base and high occupancy, combined with the favorable demographics of Lower Gwynedd Township, ensure a stable and potentially growing income stream. The Net Rentable Area is 21,485 square feet. This is a triple net (NNN) leased multi-tenant property. The property's location and strong performance make it an attractive investment for those seeking a stable, high-performing retail asset in a desirable Pennsylvania location. The property offers significant potential for long-term growth and value appreciation. This is a rare opportunity to acquire a well-established, fully occupied shopping center in a thriving community.
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The Flower Shop (Bike/Boat/Book/etc) Store Florist
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Style By Mi Boutique Clothing & Fashion Store
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Always Safe Sidewalks Construction Company General Contractor
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Central Jersey NARI Charitable Organization Social Service Agency
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Mc Mahon Plastering & Stucco Renovation Specialist General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
D · North Wales, PACosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.