407 W Moreland Rd, Willow Grove, PA 19090

Property Description

Price: $1,250,000 Cap Rate: 7.6% NOI: $95,076 Gross Income: $108,576 This fully leased three-tenant retail strip center offers investors a stable income-producing asset located along the busy W. Moreland Road commercial corridor in Willow Grove, Pennsylvania. The property benefits from high daily traffic, strong surrounding demographics, and neighborhood service tenants that generate consistent foot traffic. The tenants provide essential services to the local community, creating dependable rental income and long-term investment stability. Investment Highlights ✔ Fully leased retail property ✔ Three established neighborhood tenants ✔ Strong retail corridor location ✔ CPI-based rent increases ✔ Consistent rental income ✔ Excellent street visibility ✔ On-site parking for customers ✔ Dense residential population surrounding property Location Overview The property is located along W. Moreland Road, a well-traveled commercial corridor serving Willow Grove and greater Montgomery County. This corridor features a mix of national retailers, neighborhood businesses, restaurants, and service providers. Nearby retailers include: • Chipotle • Visionworks • Multiple neighborhood retail centers • Restaurants and service businesses The surrounding area contains dense residential neighborhoods that provide consistent customer demand for neighborhood retail services. Traffic & Accessibility The property benefits from strong vehicle traffic and convenient accessibility from major nearby roadways. Key advantages: ✔ High daily traffic counts ✔ Easy access from surrounding residential areas ✔ Established retail corridor ✔ Strong neighborhood retail demand Investment Opportunity This offering represents an opportunity to acquire a stable income-producing retail asset in a strong suburban Philadelphia retail corridor. With long-standing tenants and steady neighborhood demand, the property offers investors: • Immediate income • Potential rent growth through CPI adjustments • Long-term stability