845 Montgomery Ave Penn Valley, PA 19072-1532
Fully leased 1,200 sq ft auto shop in Narberth, PA, enjoys a prime corner location in a thriving Philadelphia suburb. A recently commenced seven-year NNN lease with Caliber Collision generates $72,000 annual income and includes two five-year renewal options. The property boasts 25 parking spaces and is situated on a 0.16-acre lot. The building, constructed in 1970, features four 16-foot-high roll-up doors, three of which are equipped with lifts. This stabilized investment offers immediate cash flow and long-term growth potential in a densely populated area with high average household incomes. The property is zoned C1 and benefits from proximity to major roadways, numerous amenities, and other auto-related businesses. The tenant, Caliber Collision, operates over 1,700 locations across 41 states, ensuring stability and brand recognition. This presents a compelling opportunity for investors seeking a secure, high-return investment in a desirable location. The lease commenced August 29, 2024, with rent commencing January 29, 2025, and expiring June 27, 2031.
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
C1 · Penn Valley, PAPenn Valley. Always verify with local authorities before improvements.
Costs & 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.