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Stoney Pond Plaza

Stoney Pond Plaza

474-496 Conchester Highway, Aston, PA 19014

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PROPERTY DETAILS

Price

$4,200,000

Cap Rate

5.79%

NOI (Projected)

$243,326

Property Overview

Equity Retail Brokers is proud to present for sale a strip-center in the township of Upper Chichester, Pennsylvania. This 14,400 sq. ft. neighborhood center is 100% leased with a proven history of long-term tenancy. Centrally located within a highly dense suburb of Philadelphia, it offers excellent visibility and accessibility from heavily trafficked Route 322, also known as Conchester Highway and Bethel Road. The shopping center will also benefit from a planned highway improvement project by the Pennsylvania Department of Transportation, which will reposition the property within a to-be-constructed divided highway. Stoney Pond Shopping Center is ideal for investors seeking a stabilized property along a growing commercial corridor, with potential upside on the approved Pad development site.

Investment Highlights

  • Well positioned within the surrounding residential market
  • Mix of “Internet-proof” retail and medical tenants
  • Proven track record of long-term occupancy
  • Potential for rental growth as future highway development takes shape along Route 322 and Bethel Road.
  • Well maintained with recent roof and HVAC upgrades
  • Limited competition from adjacent shopping centers

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