270 Old Morehall Rd | Malvern, PA 19355
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- LoopNet Team
270 Old Morehall Rd
Malvern, PA 19355
Chick-fil-A and Starbucks · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- NNN Corporate Leases to Chick-fil-A & Starbucks (Nasdaq: SBUX) - 16 years and 6 years Remaining, Respectively
- Chick-fil-A - Top QSR by Average Unit Volume Sales ($8.68MM) by a Large Margin - 2,982 Stores, $18.8 Billion Revenue, 170,000 Employees
- Route 202 On/Off Ramp (84,118 Cars Per Day) - Frontage on Morehall Rd (29,005 CPD) – Near I-76 Major Thoroughfare
- Trophy Location – High Income Demos (HHI of $156K) - 2 New Build-to-Suit Stores - Long-Term Leases - 4,000 SF and 2,400 SF
- Starbucks – S&P Rated “BBB+” Investment Grade - S&P 100, S&P 500, Nasdaq-100 - $116 Billion Market Cap
- Chick-fil-A – Named #1 Favorite Fast-Food Chain in US (8 Consecutive Years) - 85,000+ residents in a 5-mile Radius
PROPERTY FACTS
Property Type
Retail
Property Subtype
Property Size
6,400 sq ft
Costar Property Class
B
Year Built
2019
Tenancy
Single
Number of Floors
1
Plot ratio
0.04
Total Plot Size
4.12 ac
Use Class
LI
Parking
54 Spaces (0 Spaces per 1,000 sq ft Leased)
AMENITIES
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | 42-004-0029.01A0 | Improvements Assessment | £2,032,378 |
| Land Assessment | £404,445 | Total Assessment | £2,436,823 |
PROPERTY TAXES
Parcel Number
42-004-0029.01A0
Land Assessment
£404,445
Improvements Assessment
£2,032,378
Total Assessment
£2,436,823
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