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US LBM 629 Pike Springs Rd 12,000 SF Retail Building Phoenixville, PA 19460 $2,568,563 CAD ($214.05 CAD/SF) 5.30% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Rare Low-Coverage Industrial Asset with Substantial Outdoor Storage: ±12,000 SF industrial facility situated on ±4.0 acres.
  • Compelling Rental Upside with Long-Term Hold Appeal: In-place rent is currently more than 70% below prevailing market rates.
  • Strong Corporate Guarantee with Institutional Sponsorship: Fully leased to US LBM, a national building materials distributor.
  • The expansive yard area supports a range of outdoor-intensive operations such as building materials distribution.
  • Located in a supply-constrained submarket with high barriers to new development.
  • The tenant is backed by Bain Capital and Platinum Equity and reported approximately $8.2 billion in revenue in 2024.

EXECUTIVE SUMMARY

Kyle Matthews
License # RB068831 (PA)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,000 SF
Building Class
C
Year Built
1966
Price
$2,568,563 CAD
Price Per SF
$214.05 CAD
Cap Rate
5.30%
NOI
$136,134 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
4.00 AC
Zoning
R-2 - medium-density residential

NEARBY MAJOR RETAILERS

Planet Fitness
Citizens Bank
Redner's Warehouse Markets
Rent-A-Center
California Tortilla

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
26-02R-0025.0100
Land Assessment
$174,400 CAD
Improvements Assessment
$411,863 CAD
Total Assessment
$586,263 CAD
  • Listing ID: 38141087

  • Date on Market: 2025-10-20

  • Last Updated:

  • Address: 629 Pike Springs Rd, Phoenixville, PA 19460

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