407 W MORELAND RD Willow Grove, PA 19090
8,275 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision Willow Grove
MLS Listing ID PAMC2169624
Year Built 1960
Annual Tax Amount $13,859
Tax Year 2025
Lot Size 8,275 Sqft
Acres 0.19
Lot Dimensions 66.00 x 0.00
Property Sub-Type Retail
Source BRIGHT
Property Description
Cap Rate: 6.89%
NOI: $86,077
Gross Income: $99,936
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
✔ Fully leased retail property
✔ Three established neighborhood tenants
✔ Strong retail corridor location
✔ CPI-based rent increases
✔ Consistent rental income
✔ Excellent street visibility
✔ On-site parking for customers
✔ 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:
✔ High daily traffic counts
✔ Easy access from surrounding residential areas
✔ Established retail corridor
✔ 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
Location
State PA
County Montgomery
Area Upper Moreland Twp (10659)
Zoning C1
Interior
Hot Water Natural Gas
Heating None
Cooling Central A/C
Heat Source Natural Gas
Exterior
Garage Spaces 8.0
Water Access N
Roof Type Flat
Accessibility 2+ Access Exits
Total Parking Spaces 8
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Upper Moreland
Others
Tax ID 59-00-12970-003
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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