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Equity Retail Brokers
Equity Retail Brokers
Equity Retail Brokers
Property Details
- Property Type Retail
- Property Size 14,490 SF
- Cap Rate % 7.51
- NOI / YR $405,720.00
- Date Updated Apr 1, 2026
Equity CRE is pleased to exclusively present for sale a property leased to Walgreens in Norristown, Pennsylvania. This offering includes a recently extended NNN lease that expires in July 2037, with nine 5-year renewal options. The lease is backed by a corporate guaranty from Walgreens, rated BB- by Standard & Poor’s, with over 8,000 locations in the United States, ensuring stable lease payments and long term security for property owners.
Located just 18 miles from Center City Philadelphia, the property sits prominently on the signalized corner of Ridge Pike and N Park Ave, with exposure to around 33,000 vehicles per day. It is situated in a strong retail corridor, adjacent to tenants such as Starbucks, Acme Markets, Pep Boys, TD Bank, Lidl, among many others.
Reach out to the broker for more info on lease terms and amenities
Getting around
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62/100
Walk Score ®
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48/100
Bike Score ®
Location
- City Norristown, PA
- Neighborhood Trooper
- Zip Code 19403
- Market Philadelphia
Points of Interest
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Elm Street
3.24 miles
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Norristown Transportation Center
3.55 miles
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1st Avenue & American Avenue
3.60 miles
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1st Avenue & Moore Road Transportation Center
3.73 miles
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Bridgeport
3.87 miles
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Mall Boulevard
3.92 miles
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Allendale Road
3.99 miles
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Henderson Road
4.40 miles
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Hughes Park
5.21 miles
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Conshohocken
6.82 miles
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Shell
0.07 miles
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Wawa
0.55 miles
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Sunoco
0.84 miles
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Turkey Hill
1.05 miles
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CPC Energy
1.27 miles
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Tesla Charging Station
1.57 miles
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J1772 Charging Station
1.57 miles
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Conoco
2.38 miles
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Liberty
2.66 miles
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ChargePoint
3.41 miles
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Port Indian Access SRT
1.96 miles
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Whitehall Parking Lot
2.03 miles
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Moran Trail Parking
2.53 miles
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Audubon Loop Trail Parking
2.66 miles
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Perkiomen Trail Parking
2.68 miles
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Horse Trailer Parking
2.82 miles
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Main Visitor Lot
2.82 miles
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Caley Parking Lot
2.84 miles
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Perkiomen Trail Lower PV Park Trailhead
2.95 miles
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Betzwood Trailhead
2.99 miles
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Papa John's
0.07 miles
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Indian Hut
0.29 miles
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Dairy Queen
0.31 miles
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Burger King
0.49 miles
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House of Biryani’s & Kebab’s
0.55 miles
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Amedeo's Catering
0.82 miles
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Via Roma Italian Restaurant & Sports Bar
0.85 miles
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Dunkin'
1.20 miles
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Primo Hoagies
1.22 miles
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Arby's
1.27 miles
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Acme
0.09 miles
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Lidl
0.41 miles
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Marshalls
1.25 miles
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ALDI
1.30 miles
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Giant
1.39 miles
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Walmart Supercenter
1.47 miles
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Super Gigante International Food Market
1.53 miles
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Cinco de Mayo
3.24 miles
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Target
3.34 miles
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Save-A-Lot
3.35 miles