Excellent opportunity to own a 20 year old Commercial Property in Malvern with a 6.5% Cap Rate. This property is approx. 6,720 square feet and sits on approx. .682 acres. Gross Lot area is .827 acres, but a portion is Leased from Norfolk Southern so the Net Land Area is .682 acres. Currently the building is leased by long-term single tenant, making this a great investment opportunity. Roof was replaced in 2022, and property has been diligently maintained since it was built in 2003. Property is situated along busy Rt.30 business just past Malin Road (if headed West on Rt.30). Current lease with Goddard School is a triple net lease with Landlord responsible for roof (replaced 2022), structural walls and foundation. For more information or to schedule a time to see the property you can reach us anytime at the office contact information listed.
Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 23rd September, 2023 3:14 AM (UTC)