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Retail

Noble Town Center

Jenkintown, PA

167,689 SqFt

Built in 1958

Core Plus

Investment Highlights

  • Situated between specialty dominant grocers, Trader Joe's and Whole Foods Market, which provides for a regional draw and further compliments the retailers at Noble Town Center with shared cross access. In addition, the property is situated within walking distance from the SEPTA Regional Train Station that has over 3 million riders annually
  • Strategically Positioned at the Signaled Intersection of Route 611 and The Fairway with over 50,000 cars per day, three miles north of the border of Philadelphia
  • Attractive 7-Year CAGR Growth of 9.12 percent for a rare demographic in the Philly MSA with over 100,000 population and 100,000 dollars average household income and 71,000 daytime employment within three miles
  • Opportunity to enhance value by further leasing a 22,047 square foot former fitness facility on the third level with attractive elevated features, a large defined parking field that has a 11 to 1 ratio, and an outdoor terrace overlooking Jenkintown

Exclusively listed by

  • Brad Nathanson

    Senior Managing Director Investments

    Philadelphia, PA

    bnathanson@ipausa.com

    Philadelphia, PA

    License(s): PA: RS278775, NJ: 0674866

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