KARMAR REALT Y GROUP, INC. C O M M E R C I A L & I N V E S T M E N T R E A L E S T A T E S E R V I C E S S A L E 99 ALDAN AVENUE, CONCORDVILLE, PA 19331 DESCRIPTION: 30,000 +/- SQ. FT. OF BUILDING FULLY LEASED 10,000 +/- SQ. FT. FLEX BUILDING LEASED TO US POST OFFICE 20,000 +/- SQ. FT. FLEX BUILDING LEASED TO MULTIPLE S SITUATED ON 8.78 +/- ACRES 4 +/- ACRES ADJACENT TO THE PROPERTY ALSO AVAILABLE FOR SALE FEATURES: LOCATED DIRECTLY NEAR THE NEW COSTCO LOOP ROAD IN CONCORD TWP. SURROUNDED BY RETAIL, RESTAURANTS, BUSINESSES, MEDICAL OFFICES & HOTELS LOCATED NEAR RT. 1, RT. 322, RT. 202, RT. 926, RT. 452, RT. 52, RT. 476 & I-95 CLOSE PROXIMITY TO DIVERSE & AFFORDABLE HOUSING LOCATED NEAR PUBLIC TRANSPORTATION TERMS: SALE PRICE - $3,100,000.00 TAXES - APPROXIMATELY $37,046.00 ANNUALLY FOR FURTHER INFORMATION CONTACT: Justin M. Soss MARSHALL J. SOSS Jsoss@karmarrealty.com msoss@karmarrealty.com 610-459-8585 ext 102 610-459-8585 ext 101 K A R M A R R E A LT Y G R O U P, I NC. PHONE: 610.459.8585 FAX: 610.459.4646 WWW.KARMARREALTY.COM Information concerning this offering is from sources deemed reliable, but no warranty is made as to the accuracy thereof and it is submitted subject to errors, omissions, change of price or other conditions, prior sale or lease or withdrawal without notice
INCOME AND EXPENSE REPORT Property Address: Property Type: 99 ALDAN AVE, GLEN MILLS, PA FLEX PROPERTY - INVESTMENT SUITE APPROX. RENTABLE SQ. FT. COMMENCEMENT EXPIRATION RENEWAL OPTION MONTHLY RENT ANNUAL RENT 1 US POST OFFICE 10,000 4/1/2015 3/31/2020 (1) 5 YEAR OPTION $ 7,083.33 $85,000.00 2 SAFETY HOUSE 15,000 11/1/2015 10/31/2020 (1) 2 YEAR OPTION $ 7,500.00 $90,000.00 3 MID-ATLANTIC MECHANICAL 5,000 11/1/2015 10/31/2018 (1) 3 YEAR OPTION $ 2,708.33 $32,500.00 $17,291.67 $207,500.00 *This I&E Report is based on the current leases in place. GROSS ANNUAL INCOME Annual Rental Income $207,500.00 Gross Income $207,500.00 ANNUAL EXPENSES: Taxes Insurance Utilities Water/Sewer Repairs and Maintenance Landscaping Snow Removal/Salt Total Expenses EXCEPT FOR ROOF & STRUCTURE $ - Net Operating Income $207,500.00 SALE PRICE: $3,100,000 Information concerning this offering is from sources deemed reliable, but no warranty is made as to the accuracy thereof and it is submitted subject to errors, omissions, change of price or other conditions, prior sale or lease or withdrawal without notice. * The annual/monthly rental numbers are base numbers only and do not include any other charges that may have to be borne by the Lessee.
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Demographic Detail Report 99 Aldan Ave, Concordville, PA 19331 Radius 1 Mile 3 Mile 5 Mile Population 2020 Projection 3,913 28,680 88,359 2015 Estimate 3,914 28,436 87,001 2010 Census 4,017 28,416 85,738 Growth 2015-2020 -0.03% 0.86% 1.56% Growth 2010-2015 -2.56% 0.07% 1.47% 2015 Population by Age 3,914 28,436 87,001 Age 0-4 159 4.06% 1,301 4.58% 4,354 5.00% Age 5-9 182 4.65% 1,416 4.98% 4,701 5.40% Age 10-14 225 5.75% 1,721 6.05% 5,430 6.24% Age 15-19 258 6.59% 2,248 7.91% 6,449 7.41% Age 20-24 262 6.69% 2,264 7.96% 6,157 7.08% Age 25-29 238 6.08% 1,793 6.31% 4,972 5.71% Age 30-34 215 5.49% 1,406 4.94% 4,209 4.84% Age 35-39 199 5.08% 1,280 4.50% 4,113 4.73% Age 40-44 241 6.16% 1,592 5.60% 4,998 5.74% Age 45-49 287 7.33% 1,991 7.00% 6,052 6.96% Age 50-54 304 7.77% 2,217 7.80% 6,803 7.82% Age 55-59 278 7.10% 2,157 7.59% 6,834 7.86% Age 60-64 224 5.72% 1,823 6.41% 5,977 6.87% Age 65-69 176 4.50% 1,457 5.12% 4,821 5.54% Age 70-74 150 3.83% 1,125 3.96% 3,594 4.13% Age 75-79 150 3.83% 908 3.19% 2,660 3.06% Age 80-84 157 4.01% 784 2.76% 2,124 2.44% Age 85+ 211 5.39% 953 3.35% 2,752 3.16% Age 65+ 844 21.56% 5,227 18.38% 15,951 18.33% Median Age 44.60 42.50 43.10 Average Age 43.40 41.20 41.20 Information concerning this offering is from sources deemed reliable, but no warranty is made as to the accuracy thereof and it is submitted subject to errors, omissions, change of price or other conditions, prior sale or lease or withdrawal without Copyrighted report licensed to KarMar Realty Group Inc. - 606302.
Demographic Detail Report 99 Aldan Ave, Concordville, PA 19331 Radius 1 Mile 3 Mile 5 Mile 2015 Population By Race 3,914 28,436 87,001 White 3,303 84.39% 23,313 81.98% 75,099 86.32% Black 385 9.84% 3,144 11.06% 5,514 6.34% Am. Indian & Alaskan 6 0.15% 40 0.14% 130 0.15% Asian 182 4.65% 1,564 5.50% 5,130 5.90% Hawaiian & Pacific Island 1 0.03% 4 0.01% 20 0.02% Other 38 0.97% 371 1.30% 1,108 1.27% Population by Hispanic Origin 3,914 28,436 87,001 Non-Hispanic Origin 3,826 97.75% 27,737 97.54% 85,017 97.72% Hispanic Origin 88 2.25% 699 2.46% 1,984 2.28% 2015 Median Age, Male 41.40 39.00 40.80 2015 Average Age, Male 41.30 39.30 39.70 2015 Median Age, Female 47.90 45.70 45.30 2015 Average Age, Female 45.70 43.10 42.70 2015 Population by Occupation 3,298 23,546 71,221 Classification Civilian Employed 1,626 49.30% 13,344 56.67% 43,159 60.60% Civilian Unemployed 57 1.73% 476 2.02% 1,760 2.47% Civilian Non-Labor Force 1,615 48.97% 9,711 41.24% 26,271 36.89% Armed Forces 0 0.00% 15 0.06% 31 0.04% Households by Marital Status Married 833 6,060 19,438 Married No Children 506 3,419 10,910 Married w/children 327 2,642 8,528 2015 Population by Education 2,922 20,338 62,750 Some High School, No Diploma 188 6.43% 1,024 5.03% 2,649 4.22% High School Grad (Incl Equivalency) 698 23.89% 4,117 20.24% 13,761 21.93% Some College, No Degree 642 21.97% 4,019 19.76% 12,921 20.59% Associate Degree 92 3.15% 852 4.19% 2,840 4.53% Bachelor Degree 772 26.42% 5,882 28.92% 17,400 27.73% Advanced Degree 530 18.14% 4,444 21.85% 13,179 21.00% Information concerning this offering is from sources deemed reliable, but no warranty is made as to the accuracy thereof and it is submitted subject to errors, omissions, change of price or other conditions, prior sale or lease or withdrawal without Copyrighted report licensed to KarMar Realty Group Inc. - 606302.
Demographic Detail Report 99 Aldan Ave, Concordville, PA 19331 Radius 1 Mile 3 Mile 5 Mile 2015 Population by Occupation 3,031 25,199 81,775 Real Estate & Finance 123 4.06% 1,180 4.68% 4,262 5.21% Professional & Management 1,134 37.41% 9,343 37.08% 28,755 35.16% Public Administration 23 0.76% 291 1.15% 994 1.22% Education & Health 411 13.56% 3,593 14.26% 11,035 13.49% Services 126 4.16% 1,185 4.70% 3,885 4.75% Information 29 0.96% 272 1.08% 864 1.06% Sales 354 11.68% 3,316 13.16% 11,196 13.69% Transportation 1 0.03% 145 0.58% 818 1.00% Retail 188 6.20% 1,220 4.84% 4,268 5.22% Wholesale 40 1.32% 399 1.58% 1,577 1.93% Manufacturing 278 9.17% 1,884 7.48% 5,350 6.54% Production 130 4.29% 683 2.71% 2,554 3.12% Construction 142 4.68% 779 3.09% 2,604 3.18% Utilities 9 0.30% 351 1.39% 1,546 1.89% Agriculture & Mining 6 0.20% 73 0.29% 272 0.33% Farming, Fishing, Forestry 6 0.20% 39 0.15% 97 0.12% Other Services 31 1.02% 446 1.77% 1,698 2.08% 2015 Worker Travel Time to Job 1,480 12,375 40,390 <30 Minutes 805 54.39% 7,265 58.71% 24,305 60.18% 30-60 Minutes 566 38.24% 4,173 33.72% 12,746 31.56% 60+ Minutes 109 7.36% 937 7.57% 3,339 8.27% 2010 Households by HH Size 1,417 9,825 30,110 1-Person Households 412 29.08% 2,561 26.07% 6,693 22.23% 2-Person Households 483 34.09% 3,341 34.01% 10,294 34.19% 3-Person Households 184 12.99% 1,399 14.24% 4,917 16.33% 4-Person Households 196 13.83% 1,478 15.04% 4,944 16.42% 5-Person Households 101 7.13% 731 7.44% 2,257 7.50% 6-Person Households 31 2.19% 236 2.40% 741 2.46% 7 or more Person Households 10 0.71% 79 0.80% 264 0.88% 2015 Average Household Size 2.40 2.50 2.60 Households 2020 Projection 1,387 9,984 31,143 2015 Estimate 1,386 9,884 30,628 2010 Census 1,417 9,827 30,110 Growth 2015-2020 0.07% 1.01% 1.68% Growth 2010-2015 -2.19% 0.58% 1.72% Information concerning this offering is from sources deemed reliable, but no warranty is made as to the accuracy thereof and it is submitted subject to errors, omissions, change of price or other conditions, prior sale or lease or withdrawal without Copyrighted report licensed to KarMar Realty Group Inc. - 606302.
Demographic Detail Report 99 Aldan Ave, Concordville, PA 19331 Radius 1 Mile 3 Mile 5 Mile 2015 Households by HH Income 1,387 9,883 30,630 <$25,000 133 9.59% 844 8.54% 2,278 7.44% $25,000 - $50,000 279 20.12% 1,477 14.94% 4,145 13.53% $50,000 - $75,000 195 14.06% 1,425 14.42% 4,271 13.94% $75,000 - $100,000 151 10.89% 1,153 11.67% 3,849 12.57% $100,000 - $125,000 75 5.41% 779 7.88% 3,545 11.57% $125,000 - $150,000 92 6.63% 803 8.13% 2,809 9.17% $150,000 - $200,000 180 12.98% 1,220 12.34% 4,207 13.73% $200,000+ 282 20.33% 2,182 22.08% 5,526 18.04% 2015 Avg Household Income $128,314 $136,304 $131,541 2015 Med Household Income $89,321 $101,364 $105,444 2015 Occupied Housing 1,387 9,884 30,627 Owner Occupied 926 66.76% 7,426 75.13% 25,314 82.65% Renter Occupied 461 33.24% 2,458 24.87% 5,313 17.35% 2010 Housing Units 1,459 10,277 30,980 1 Unit 864 59.22% 7,249 70.54% 25,411 82.02% 2-4 Units 34 2.33% 304 2.96% 592 1.91% 5-19 Units 83 5.69% 772 7.51% 1,919 6.19% 20+ Units 478 32.76% 1,952 18.99% 3,058 9.87% 2015 Housing Value 926 7,427 25,316 <$100,000 18 1.94% 183 2.46% 1,247 4.93% $100,000 - $200,000 28 3.02% 375 5.05% 1,522 6.01% $200,000 - $300,000 123 13.28% 1,037 13.96% 4,281 16.91% $300,000 - $400,000 172 18.57% 1,277 17.19% 6,004 23.72% $400,000 - $500,000 262 28.29% 1,601 21.56% 5,570 22.00% $500,000 - $1,000,000 311 33.59% 2,747 36.99% 6,176 24.40% $1,000,000+ 12 1.30% 207 2.79% 516 2.04% 2015 Median Home Value $446,564 $452,560 $393,403 2015 Housing Units by Yr Built 1,459 10,291 31,480 Built 2010+ 0 0.00% 83 0.81% 671 2.13% Built 2000-2010 725 49.69% 3,271 31.79% 6,484 20.60% Built 1990-1999 272 18.64% 2,591 25.18% 6,183 19.64% Built 1980-1989 110 7.54% 1,549 15.05% 5,219 16.58% Built 1970-1979 117 8.02% 1,073 10.43% 4,455 14.15% Built 1960-1969 100 6.85% 682 6.63% 4,101 13.03% Built 1950-1959 36 2.47% 373 3.62% 2,025 6.43% Built <1949 99 6.79% 669 6.50% 2,342 7.44% 2015 Median Year Built 1999 1992 1984 Information concerning this offering is from sources deemed reliable, but no warranty is made as to the accuracy thereof and it is submitted subject to errors, omissions, change of price or other conditions, prior sale or lease or withdrawal without Copyrighted report licensed to KarMar Realty Group Inc. - 606302.