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SPROUTS FARMERS MARKET (NASDAQ: SFM) 36 W Ridge Pike 23,259 SF 19% Leased Retail Building Limerick, PA 19468 $18,907,216 CAD ($812.90 CAD/SF) 5.75% Cap Rate
Investment Highlights
- 15 Year Corporate Lease featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options.
- Average Household Income Approximates $184k+ with 53.5 Percent Bachelor’s Attainment, 83.1 Percent Owner-Occupancy.
- In Close Proximity to Numerous National Retailers, including Target, ALDI, Walgreens, Planet Fitness, Petco, Ross Dress for Less, GIANT, Staples.
- Strong Tenant - Sprouts (NASDAQ: SFM) is one of the Largest Specialty Retailers of Fresh, Natural and Organic Food in the U.S.
- Within a 55,200 Sq.Ft. Retail Node - Walgreens, McDonald’s, Citadel Credit Union and Childtime Childcare on site, plus an approved 12,000 Sq.Ft.
Executive Summary
Sprouts Farmers Market (NASDAQ: SFM) | 15 Year Lease | Brand New 2026 Construction | Affluent Trade Area - $184k+ Avg. HHI | Proven Grocery Retail Node | U.S. Route 422 Corridor | Near Philadelphia Premium Outlets | Signalized Hard Corner | Minutes from Ursinus College, Montgomery County Community College and Tower Health’s Pottstown Hospital
Pennsylvania Broker of Record: Timothy Stephenson, JR | 2005 Market St., Suite 1510 Philadelphia, PA 19103 | Lic. #: RMR006104 | Firm Lic. #: RB062197C | P: (215) 531-7000 | Timothy.Stephenson@MarcusMillichap.com
Pennsylvania Broker of Record: Timothy Stephenson, JR | 2005 Market St., Suite 1510 Philadelphia, PA 19103 | Lic. #: RMR006104 | Firm Lic. #: RB062197C | P: (215) 531-7000 | Timothy.Stephenson@MarcusMillichap.com
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Supermarket
Building Size
23,259 SF
Building Class
A
Year Built
2026
Construction Status
Under Construction
Price
$18,907,216 CAD
Price Per SF
$812.90 CAD
Cap Rate
5.75%
NOI
$1,087,115 CAD
Percent Leased
19%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
3.23 AC
Zoning
C - Commercial
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- SPROUTS FARMERS MARKET
- Retailer
- 23,259 SF
- -
- Triple Net
- Oct 2042
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| SPROUTS FARMERS MARKET | Retailer | 23,259 SF | - | Triple Net | Oct 2042 |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 12,000 SF
- Retail
- -
- To Be Determined
- E
- 2,400 SF
- Retail
- In-Line
- Sep 2026
- F
- 2,400 SF
- Retail
- In-Line
- Sep 2026
- G
- 2,000 SF
- Retail
- In-Line
- Sep 2026
| Space | Size | Space Use | Position | Available |
| 1st Floor | 12,000 SF | Retail | - | To Be Determined |
| E | 2,400 SF | Retail | In-Line | Sep 2026 |
| F | 2,400 SF | Retail | In-Line | Sep 2026 |
| G | 2,000 SF | Retail | In-Line | Sep 2026 |
1st Floor
| Size |
| 12,000 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| To Be Determined |
E
| Size |
| 2,400 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Sep 2026 |
F
| Size |
| 2,400 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Sep 2026 |
G
| Size |
| 2,000 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Sep 2026 |
Somewhat walkable
30/100
Exceptionally drivable
90/100
Minimal public transit
10/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 37-00-03952-043 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $735,110 CAD |
Property Taxes
Parcel Number
37-00-03952-043
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$735,110 CAD
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SPROUTS FARMERS MARKET (NASDAQ: SFM) | 36 W Ridge Pike
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