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50-54 Garrett Rd 12,000 SF Retail Building Upper Darby, PA 19082 $2,896,534 CAD ($241.38 CAD/SF) 7.54% Cap Rate

INVESTMENT HIGHLIGHTS
- Absolute NNN investment with zero landlord responsibilities.
- Recently exercised 5-year option with one additional option remaining.
- Dense population base of over 342,000 within 3 miles.
- Long-term tenant with over 15 years of operating history.
- Located near 69th Street Terminal with easy access to I-76 and PA Route 3.
EXECUTIVE SUMMARY
This property presents an outstanding opportunity to acquire a fully stabilized, absolute NNN investment located along Garrett Road in Upper Darby, PA. The asset is 100% occupied by All About Children Childcare Center, a well-established tenant with more than 15 years of operating history at this site. The tenant recently exercised a 5-year option, and one additional 5-year option remains, ensuring consistent income for years to come.
Positioned near the 69th Street Terminal, the property offers excellent connectivity to major routes including I-76 and PA Route 3. The surrounding trade area features a dense population of over 342,000 residents within a 3-mile radius, supporting strong demand for childcare services and retail activity. The absolute NNN lease structure eliminates landlord responsibilities, making this an ideal passive investment for those seeking predictable cash flow and minimal management.
Upper Darby is a dynamic suburban market adjacent to Philadelphia, offering a diverse demographic base and robust transportation infrastructure. This property combines long-term tenancy, strategic location, and a true triple-net lease, making it a compelling addition to any investment portfolio.
Positioned near the 69th Street Terminal, the property offers excellent connectivity to major routes including I-76 and PA Route 3. The surrounding trade area features a dense population of over 342,000 residents within a 3-mile radius, supporting strong demand for childcare services and retail activity. The absolute NNN lease structure eliminates landlord responsibilities, making this an ideal passive investment for those seeking predictable cash flow and minimal management.
Upper Darby is a dynamic suburban market adjacent to Philadelphia, offering a diverse demographic base and robust transportation infrastructure. This property combines long-term tenancy, strategic location, and a true triple-net lease, making it a compelling addition to any investment portfolio.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
12,000 SF
Building Class
B
Year Built
1989
Price
$2,896,534 CAD
Price Per SF
$241.38 CAD
Cap Rate
7.54%
NOI
$218,417 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
1.97
Lot Size
0.14 AC
Zoning
C-3 - Traditional Downtown Business District
Walk Score®
Walker's Paradise (93)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 16-03-00582-00 | Improvements Assessment | $740,857 CAD |
| Land Assessment | $95,816 CAD | Total Assessment | $836,673 CAD |
PROPERTY TAXES
Parcel Number
16-03-00582-00
Land Assessment
$95,816 CAD
Improvements Assessment
$740,857 CAD
Total Assessment
$836,673 CAD
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50-54 Garrett Rd
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