Five Points Plaza
Value-Add Starbucks Anchored Strip Center | Prime Location within West Chester, PA
Marketing description
CBRE’s National Retail Partners are pleased to exclusively offer for sale Five Points Plaza, a two-tenant, 50% occupied, 3,000 SF building situated along highly trafficked West Chester Pike (38,200 AADT), in West Chester, PA. West Chester Pike serves as a vital transportation and economic corridor connecting Philadelphia (69th Street Terminal) to West Chester Borough, passing through 10 communities in Delaware and Chester counties.
Investment highlights
• Strategically situated on the highly trafficked West Chester Pike, West Chester’s main retail corridor (38,200 AADT) with 75 feet of frontage and excellent access
• Positioned just two (2) miles from West Chester University ±17,000 students
• Current occupancy (50%) provides the opportunity to materially increase cash flow and value in a short time horizon, resulting in a 5-year CAGR of ±38.4%
• Starbucks national investment grade existing tenancy (S&P: BBB+) provides stability of income catering to daily-needs, high traffic use that drives consistent customer flow
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