OLD LUMBERYARD SHOPS
113 7th St., Milford, PA 18337
PRICE $1,575,000
GLA 23,320 SF
PROPERTY TYPE Retail Center
CAP RATE 11.5%
OCCUPANCY 96%
YEAR BUILT 1890
113 7th St., Milford, PA 18337
PRICE $1,575,000
GLA 23,320 SF
PROPERTY TYPE Retail Center
CAP RATE 11.5%
OCCUPANCY 96%
YEAR BUILT 1890
DEMOGRAPHICS
Total Population
1 – mi. – 991
3 – mi. – 5,469
5 – mi. – 11,138
More info in the flyer
INVESTMENT HIGHLIGHTS
- The historic Old Lumberyard Shopping Village located 90 minutes from NYC or Philadelphia. This neighborhood center consists of 10 tenants, most of which have been for a long term.
- The Old Lumberyard Shops in Milford, PA has an eclectic assortment of boutiques food and services surround the lovely courtyard. It offers authentic Italian cuisine, antiques, holistic pet food, educational toys, gift shops and more.
- Anchored by Old Lumberyard Antiques – established in September 1999 and over 40 Antique Dealers. It is also one of the largest antique consortiums in the entire Northeast. For more information visit www.oldlumberyardantiquesllc.com
- Very busy Pizza Store (John’s Pizzeria) recently expanded their space by 1,100 SF and extended their lease by 5 years indicating their success and commitment to their space and location.
- The center has historically been near 100% occupancy.
- Stable investment with staggered lease expirations.
- 90 min drive from NYC.
- Located on the upper Delaware River, Milford is part of the New York-Newark-Jersey City, NY-NJ-PA Metropolitan Statistical Area, as well as the larger New York-Newark, NY-NJ-CT-PA Combined Statistical Area.
| City: | Milford |
| State: | PA |
| Square Feet: | 23,320 SF |
| Price: | $1,575,000 |
| Cap Rate: | 11.5% |