Listed by Gioffre Commercial Realty LLC
$10,990,000
60 Geoffrey Drive
Details
Property Type Retail
Sub Type Shopping Center
Square Footage 20,000
Cap Rate 6.44%
Occupancy 100%
Tenancy Multi
Brand/Tenant Chipotle, First Watch
Lease Type NNN
Remaining Term 7
Rent Bumps Yes
Lease Options yes
Broker Co-Op Yes
Class A
Year Renovated 2018
Buildings 1
Stories 1
Zoning CR
Parking Spaces spaces
Investment Type Stabilized
20,000 sqft. Regionally Located Strip Retail
Marketing description
For Sale
Investment highlights
- Well established shopping center on high traffic Churchmans Road across from Del Tech Stanton Campus. Less than a minute from I-95 interchange.
- First Watch and Chipolte anchor this shopping center. Shopping complex also includes Dunkin and Blue Pearl Animal Hospital as well as hotels and ethnic grocery store.
- Ample parking and great roadside visibility.
- High visibility & strong traffic counts (~24K-26K VPD)
- Built-in captive market: 6,700+ students within immediate vicinity
- Robust daytime population (~82K within 3 miles)
- Transit-oriented location: walkable from Septta station, Dart bus lines
- Flexible tenant mix opportunities: retail, quick-service restaurants, convenience, student- & commuter-focused services
Listing Contacts
Listed by Gioffre Commercial Realty LLC
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