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Landis Supermarket 2190 E High St 37,565 SF 100% Leased Retail Building Pottstown, PA 19464 $6,067,170 CAD ($161.51 CAD/SF) 7% Cap Rate
Investment Highlights
- Triple Net Lease (NNN) structures with tenants covering taxes, insurance, and CAM.
- 1.5 acres with approximately 37,000 SF of rentable space along Pottstown’s primary commercial corridor.
- Fivemile radius average household income exceeds $108,000 with a population of 99,000+ residents, projected to grow over 2% by 2029.
- Boasts a Weighted Average Lease Term (WALT) of over 9.7 years, providing long-term stability.
- Surrounded by major national retailers, including Aldi, Costco, Wawa, and Home Depot, driving consistent regional traffic.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
37,565 SF
Building Class
B
Year Built
1997
Price
$6,067,170 CAD
Price Per SF
$161.51 CAD
Cap Rate
7%
NOI
$424,702 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.58
Lot Size
1.49 AC
Zoning
SC
Parking
224 Spaces (5.96 Spaces per 1,000 SF Leased)
Frontage
313’ on E High Street
Amenities
- Signage
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 42-00-01761-501 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,642,814 CAD |
Property Taxes
Parcel Number
42-00-01761-501
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,642,814 CAD
Contacts
-
Derrick Dougherty -
Scott Woodard -
Dougherty And Partners of Marcus & Millichap
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Landis Supermarket | 2190 E High St
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