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210 N Chester Pike
Glenolden, PA 19036

$1,800,000 USD

Auto Repair For Sale  •  17,527 SF

Property Details

  • Property Type Auto Repair
  • Total Building Size 17,527 SF
  • Lot Size 0.92 AC
  • Building Class C
  • Year Built 2017
  • Cap Rate 6.90 %
  • Tenancy Single
  • Zoning B-1
0 Transit Score
82 Walk Score

Highlights

Corporate Guarantee – Caliber Collision is the #1 auto body repair provider in the country with 1,600+ locations across 41 states.
Long-term Remaining – Caliber signed a 15-year lease in 2017 after a conversion from a smaller collision tenant, leaving 8+ years remaining.
Strong Rent Growth – 10% increases every 5 years helps tackle inflation.
The subject property underwent significant renovation in 2019 and benefitted from a new roof in 2021 that came with a 20- year roof warranty.
Minimal Landlord Responsibilities – Tenant takes care of taxes, insurance, and maintenance excluding structural related items.

Property Flyers

Cap Rate: 6.90 %

Public Transportation

Commuter RailDriveWalkDistance
Folcroft (R2 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail)) 1 min 9 min 0.5 mi
Glenolden (R2 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail)) 2 min 13 min 0.7 mi
Transit/SubwayDriveWalkDistance
Sharon Hill (Route 102 - Southeastern Pennsylvania Transportation Authority Rapid Transit (SEPTA Subway & Trolley)) 1 min 9 min 0.5 mi
Macdade Boulevard (Route 102 - Southeastern Pennsylvania Transportation Authority Rapid Transit (SEPTA Subway & Trolley)) 2 min 15 min 0.8 mi
Andrews Avenue (Route 102 - Southeastern Pennsylvania Transportation Authority Rapid Transit (SEPTA Subway & Trolley)) 2 min 17 min 0.9 mi
AirportDriveWalkDistance
Philadelphia International 13 min - 5.6 mi
Joe Polak 612-605-8183 Matthews Real Estate Investment Services
Joe Polak 612-605-8183 Matthews Real Estate Investment Services