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Request Info$1,250,000
ACTIVE
407 W MORELAND ROAD Overview
- Time on Site:
- 116 days
- Visits:
- 10
Price: $1,250,000 Cap Rate: 7.6% NOI: $95,076 Gross Income: $108,576 This fully leased three-tenant retail strip center offers investors a stable income-producing asset located along the busy W. Moreland Road commercial corridor in Willow Grove, Pennsylvania. The property benefits from high daily traffic, strong surrounding demographics, and neighborhood service tenants that generate consistent foot traffic. The tenants provide essential services to the local community, creating dependable rental income and long-term investment stability. Investment Highlights œ” Fully leased retail property œ” Three established neighborhood tenants œ” Strong retail corridor location œ” CPI-based rent increases œ” Consistent rental income œ” Excellent street visibility œ” On-site parking for customers œ” Dense residential population surrounding property Location Overview The property is located along W. Moreland Road, a well-traveled commercial corridor serving Willow Grove and greater Montgomery County. This corridor features a mix of national retailers, neighborhood businesses, restaurants, and service providers. Nearby retailers include: ' Chipotle ' Visionworks ' Multiple neighborhood retail centers ' Restaurants and service businesses The surrounding area contains dense residential neighborhoods that provide consistent customer demand for neighborhood retail services. Traffic & Accessibility The property benefits from strong vehicle traffic and convenient accessibility from major nearby roadways. Key advantages: œ” High daily traffic counts œ” Easy access from surrounding residential areas œ” Established retail corridor œ” Strong neighborhood retail demand Investment Opportunity This offering represents an opportunity to acquire a stable income-producing retail asset in a strong suburban Philadelphia retail corridor. With long-standing tenants and steady neighborhood demand, the property offers investors: ' Immediate income ' Potential rent growth through CPI adjustments ' Long-term stability
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407 W MORELAND ROAD Facts & Features
- Type Commercial
- Lot 0.19 Acres
Details
General
Income/Expenses
- Gross Income: 108576.00
- Net Operating Income: 95076.00
- Operating Expense Includes: Other
Listing Information
- Real Estate Owned: No
- Short Sale: No
Building Information
- New Construction: No
- Year Built: 1960
Business Information
- Business Type: Shopping Center
Location/Region
- Country: US
- County: MONTGOMERY
- County Or Parish: MONTGOMERY
- MLS Area Major: Upper Moreland Twp (10659)
- Subdivision Name: WILLOW GROVE
Parking Information
- Total Parking Spaces: 8
- Type of Parking: Parking Lot
Tax Information
- City/Town Tax: 1364.00
- City/Town Tax Payment Frequency: Annually
- County Tax: 980.00
- County Tax Payment Frequency: Annually
- School Tax: 7053.00
- Tax Annual Amount: $13,859.00
- Tax Assessed Value: 186730.00
- Tax Year: 2025
General Information
- Exclusions: All tenants personal property ,business names, supplies and equipment.
- Property Sub Type: Retail
- Property Type: Commercial Sale
- School District Name: UPPER MORELAND
- Special Listing Conditions: Standard
- Vacation Rental: No
- Year Assessed: 2025
- Zoning: C1
Interior
Building Information
- Cooling Fuel: Electric
- Heating Fuel: Natural Gas
- Total Drive In Doors: 0
Parking Information
- Garage: No
Building Interior
- Building Area Source: Assessor
- Central Air: Yes
- Hot Water: Natural Gas
General Information
- Accessibility Features: 2+ Access Exits
- Cooling: Central A/C
- Electric: 200+ Amp Service
- Heating: None
- Stories Total: 1
Exterior
Building Information
- Total Loading Docks: 0
Lot Information
- Lot Dimensions Source: Assessor
- Lot Size Acres: 0.19
- Lot Size Dimensions: 66.00 x 0.00
- Lot Size Source: Assessor
- Lot Size Square Feet: 8275.00
- Lot Size Units: Square Feet
- Water Source: Public
Waterfront/View
- Water Oriented: No
- Water View: No
- Waterfront: No
Building Exterior/Construction
- Construction Materials: Brick, Aluminum Siding, Combination
- Roof: Flat
General Information
- Sewer: Public Sewer
- Water Access: No
407 W MORELAND ROAD Neighborhood
Community
19090 (WILLOW GROVE) Demographics
38
Median Age
3,384
Population Density (per sq. mile)
50%
College Educated
$81,064
Estimated Median Income
5,018
Estimated Total Home Owners
1,988
Estimated Total Renters
72% / 28%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
407 W MORELAND ROAD Monthly Cost
407 W MORELAND ROAD Market Data
Based on the last 30 days in this zip code
$458,944
Average List Price
$255
Average Price per Square Foot
19
Properties Sold
59
Average Days on Market
45
Properties for Sale
407 W MORELAND ROAD History
| Date | Value | Agent |
|---|---|---|
| 3/5/2026Source: BRIGHT MLS | March 05, 2026 |
Listing provided courtesy of Realty Mark Associates- MLS# PAMC2169624
Contact Information: [email protected] - 2153764444
Contact Information: [email protected] - 2153764444