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2619 Ridge Pike
Norristown, PA 19403
Flagship Car Wash · Retail Property For Sale
Investment Highlights
- Bonus Depreciation Opportunity
- Strong & Affluent Demographics
- Flagship Carwash Corporate Guarantee
- Dense Retail Corridor
Executive Summary
Surmount is pleased to present the exclusive listing for a Flagship Car Wash located at 2619 Ridge Pike, Trooper, PA 19403. The site consists of roughly 7,720 rentable square feet of building space on an estimated 1.27-acre parcel of land. Flagship Car Wash is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $428,625 and has scheduled increases of 1.50% Annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
7,720 SF
Building Class
C
Year Built
2025
Construction Status
Under Construction
Price
$9,250,267 CAD
Price Per SF
$1,198.22 CAD
Cap Rate
6.35%
NOI
$587,392 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.14
Lot Size
1.27 AC
Zoning
HC
Property Taxes
| Parcel Number | 43-00-11875-007 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $643,915 CAD |
Property Taxes
Parcel Number
43-00-11875-007
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$643,915 CAD
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