1003 E WILLOW GROVE AVE Wyndmoor PA 19038-7937 APN: 52-00-18445-00-7

Property History

Property Type

Retail

Property Subtype

Convenience Store

Marketing Description

J2 Capital Advisors is pleased to exclusively represent the seller of a well established 7-Eleven convenience store on an absolute NNN ground lease located in the Philadelphia MSA. 7-Eleven has been successfully operating at this build-to- suit location for over 50 years and recently exercised a 5-year renewal option early demonstrating strong commitment to the site. The property benefits from being in a densely populated and affluent neighborhood with over 416,000 people within a 5-mile radius. This store has very little competition from any other full-service convenience stores in the immediate trade area. This 2,640 SF property is situated on a 17,000+ SF lot with ample parking on Willow Grove Ave which is a primary thoroughfare that runs East/West through this thriving community. Willow Grove Ave sees nearly 14,000 vehicles per day. Willow Grove Ave runs direct to Wyndmoor station is a SEPTA Regional Rail station at 256 East Willow Grove Avenue at Wyndmoor Street in Chestnut Hill, Philadelphia, PA. This store is less than 1 mile from the Wyndmoor station.

Investment Highlights

Dense Infill Location w/ Excellent Demographics: Over 416,000 people living within 5 miles of the property. Residents in this community have an average household income that exceeds $103,000 annually.
50 Year Operating History: 7-Eleven has been at this build-to-suit location since 1971.
5-Year Renewal Option Exercised Early: 7-Eleven exercised a 5-year renewal option early which demonstrates strong commitment to the site. The option will take effect 6/1/22.
Amazon Locker Location w/ Drive Up Accessibility: This 7-Eleven has an Amazon Locker on site which suggests this is a high-volume location. Also, the Amazon locker is on the side of the building with drive up accessibility giving it extra convenience.
Proximity to Fort Washington Expressway (110,000 VPD): This property benefits from being located near the Fort Washington Expressway (PA 309) which connects Philadelphia and its northern suburbs to Allentown, Hazleton, and Wilkes- Barre. This highway (PA 309) sees over 110,000 VPD.
Nearly 12,000 Students Enrolled Within a Couple Miles: The property is located within a couple miles from multiple different schools including Arcadia University, La Salle College High School, Chestnut Hill College, Springfield Township High School, and several others.
Affluent Up and Coming Neighborhood: The Chestnut Hill/Wyndmoor neighborhood is known for the high incomes of its residents and high real estate values, as well as its private schools. This area was given prestigious title of one of the Top Ten Great Neighborhoods by the American Planning Commission and was also recognized by Forbes.
Less than 12 miles from Downtown Philadelphia: Philadelphia is the 6th most populous city in the United States with an estimated population of over 1.6M. Home to the Philadelphia Eagles, 76ers, Phillies and multiple popular colleges such Temple University, University of Pennsylvania, and Drexel University.
Less than 1 mile to Wyndmoor Train Station: Willow Grove Ave runs direct to Wyndmoor station which is a SEPTA Regional Rail station at 256 East Willow Grove Avenue at Wyndmoor Street in Chestnut Hill, Philadelphia, PA.
Dozens of Credit Tenants Nearby: This 7-Eleven benefits from proximity from multiple centers and Cheltenham Square with credit tenants such as Walmart, Target, The Home Depot, Ross Dress for Less, CVS, Walgreens, Burlington, ShopRite, LA Fitness, Chick-Fil-A, Wendy’s, McDonald’s, Wawa, Chipotle, TD Bank, and countless other attractive retail

Loan History

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Financial History

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Tax History

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Contact Information

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