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1841 W Lincoln Hwy
Penndel, PA 19047

$1,443,000 USD

Auto Repair For Sale  •  9,036 SF

Property Details

  • Property Type Auto Repair
  • Total Building Size 9,036 SF
  • Lot Size 0.78 AC
  • Building Class C
  • Year Built 1967
  • Cap Rate 6.50 %
  • Tenancy Single
  • Zoning C
0 Transit Score
19 Walk Score

Highlights

Short-Term Lease with No Options presents a value-add opportunity for an investor or owner/user.
Annual Rent Increases – Lessor of 3% or CPI provides an effective hedge against inflation.
Philadelphia MSA – ±235,000 population in a 5-mile radius.
Below Market Rents – potential upside after expiration of the lease. Contact agent for more details**
High Traffic Volume – ±27,000 vehicles per day on W Lincoln Hwy.
Larger Parcel – ±0.79 AC allows for alternative potential uses.

Property Flyers

Financial Summary (Actual)

Net Operating Income: $93,673 USD (2024)
Cap Rate: 6.50 %

Public Transportation

Commuter RailDriveWalkDistance
Neshaminy Falls (R3 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail)) 3 min - 1.6 mi
Langhorne (R3 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail)) 3 min - 1.6 mi
AirportDriveWalkDistance
Trenton Mercer 21 min - 12.9 mi
Philadelphia International 48 min - 32.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 30
Type: Surface
Included in Rent: Yes
Jack Kulick 760-642-9942 Matthews Real Estate Investment Services
Jack Kulick 760-642-9942 Matthews Real Estate Investment Services