Property summary
This exceptional 9,050-square-foot retail condominium strip center in Glenside, PA presents a compelling passive investment opportunity. Located at 909 E Willow Grove Avenue, this 100% occupied property is part of a larger 2019 mixed-use development totaling 27,000 square feet, including ten residential condominiums (not included in this offering). The six Class A retail units are individually parceled, sub-metered, and professionally managed by the condominium association, ensuring a streamlined ownership experience. This net-lease investment benefits from a strong demographic profile, boasting 167,000 residents within a three-mile radius and an average household income of $95,000. Situated in Montgomery County, approximately half a mile from the Philadelphia County line, this property enjoys excellent visibility and accessibility. The property's modern construction (2019) and prime location within a thriving community contribute to its exceptional investment potential. This is a rare opportunity to acquire a fully occupied, high-performing retail asset in a desirable market. The property's strong tenant base and consistent cash flow make it an ideal addition to any investment portfolio. This offering represents a secure and profitable investment in a resilient asset class.
Property profile
VerifiedCap rate & NOI
Current use
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Gym & Fitness Center
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Restaurant
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Corporate Office
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Hair Salon
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Nail Salon
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
B1 · Wyndmoor, PAZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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