Jenkins Storage

610 Old York Rd | Jenkintown | PA | 19046 Back to Properties


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Property Highlights

    • Strong Occupancy: 81.7% Physical Occupancy, With Current Rates 13%-83% Below Market Rental Rates.
    • Demographic Advantage: Densely Populated with 467,562 Residents in a 5-Mile Radius, a Median Household Income of $109,868 in a 1-Mile Radius, and $95,798 in a 3-Mile Radius.
    • Strategic Location Advantage: Strategically Located 10 Minutes from Philadelphia in a Thriving Commercial Area, Less than a Mile from Major Retailers Such As Trader Joe’s and Whole Foods. High Visibility is Boosted by Proximity to Prominent Establishments like Bank of America, Starbucks, and FedEx.
    • Strong Demand Potential: Supply Stands at 3.01 NRSF per Capita Within a 5-Mile Radius of the Property.
    • High Traffic Around the Facility Area: This Facility Sits in an Area that Experiences an Average Annual Daily Traffic of ~27,715 Vehicles Per Day.

Property Details

  • Available SF: 30,487 SF
  • Price: Best & Final CFO 10/18
  • Units: 340
  • Transaction Type: For Sale
  • Property Type: Self-Storage
  • Year Built: 2005
  • Availability: Available

Property Description

This is an exclusive opportunity to acquire Jenkins Storage, located 10 minutes from Philadelphia in a retail corridor less than a mile from Trader Joe’s and Whole Foods. The facility encompasses 30,487 NRSF and is situated within an attractive art deco complex that includes tenants such as Regus and Outback Steakhouse, directly across the street from Bank of America and FedEx.

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Financial Summary

Investment Highlights

Price $0.00
Price / Unit $0.00
Gross Rent Multiplier 0.00
Proposed Loan Amount $0.00
Initial Investment $0.00

 

Income & Expenses

Income
Potential
Current

 

Expense
Potential
Current
Total Expenses
$ 0.00
$ 0.00
Net Operating Income $0.00 $0.00
Less Debt Service $0 $0
Potential Net Cash Flow $0.00 $0.00
Cash on Cash Return 0.00 % 0.00 %
Capitalization Rate 0.00 % 0.00 %
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Rent Roll

Unit
BR/BA
Current Monthly Rent
Potential Monthly Rent
Status
Lease Expires

Totals

$ 0.00

$ 0.00

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