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The Shops at Milmont 501-537 W MacDade Boulevard 12,166 SF 100% Leased Retail Building Folsom, PA 19033 $4,862,470 CAD ($399.68 CAD/SF) 7.92% Cap Rate



Investment Highlights
- Strong Anchor Tenant
- Rent Increases
- Excellent Accessibility And Visibility
- Tariff Proof & E-Commerce Resistant Investment
- Strategic Location
- High Traffic Counts
Executive Summary
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase The Shops at Milmont located at 501-537 W MacDade Boulevard in Folsom, Pennsylvania (the “Property”). The Shops at Milmont is a 100% leased strip center in densely populated eastern Delaware County, just outside the city limits of Philadelphia. The center is home to a health care focused rent roll with four tenants, the largest of which, Premier Orthopedic & Sports Medicine, has over 35 locations and is the second largest orthopedic practice in the Greater Philadelphia area. Premier, and national credit tenant Quest Diagnostics, together comprise 70% of the gross leasable area. Given the tenant mix, the property is essentially immune from tariff disruption, internet retail, and even recession. The Property is strategically located along W MacDade Boulevard, sitting between Milmont Avenue and Baltimore Boulevard. The parcel features excellent frontage and visibility along W MacDade Boulevard, one of the area’s primary commercial and commuter corridors, featuring an extensive array of national tenants and major shopping centers that drive traffic and consumers to the area. The location offers convenient access to area train stations, major highways, including Interstates 95 and 476, US Route 13, and PA Routes 320 and 291, offering transportation throughout the Philadelphia metro area. Folsom is located in Delaware County and is a suburb within the Philadelphia metropolitan area. Folsom is 10 miles southwest of Philadelphia and offers easy access to the city, while still allowing residents to enjoy a small-town feel with many walkable amenities and activities available.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
12,166 SF
Building Class
B
Year Built
2006
Price
$4,862,470 CAD
Price Per SF
$399.68 CAD
Cap Rate
7.92%
NOI
$385,282 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.34
Lot Size
0.83 AC
Moderately walkable
60/100
Very drivable
80/100
Some public transit
40/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 38-05-00808-00 | Improvements Assessment | $1,695,975 CAD |
| Land Assessment | $821,826 CAD | Total Assessment | $2,517,801 CAD |
Property Taxes
Parcel Number
38-05-00808-00
Land Assessment
$821,826 CAD
Improvements Assessment
$1,695,975 CAD
Total Assessment
$2,517,801 CAD
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The Shops at Milmont | 501-537 W MacDade Boulevard
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