Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
NIY N/A

Documents

I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Year Built 2013
Building Area Gross
Occupancy 100.0 %
Call for Offers 2022-01-11

Asset Description

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to exclusively offer qualified investors the 

opportunity to acquire Wegmans at the Montgomery  Mall. Wegmans is a high volume, best-in-class  grocer, boasting the highest sales volume by grocer location in the Philadelphia MSA. Wegmans in Montgomeryville has welcomed 1.57 million visitors over the last 12 months and is the #1 most visited grocer within the immediate submarket of 15 competitors, ranking in the 97th percentile among all grocers within the United States.

Investment Highlights

  • Best-in-Class Grocery Anchor with 12 Years of Remaining Term
  • Established, Infill Market  With Institutional Quality Demographic Profile And Extended Consumer Reach
    • In a market with a 3-mile population of 69,555, Wegmans trade area reaches a population of 393,632
  • Premier Location Within Hyperactive Regional Retail Epicenter
    • The 309 Corridor In Montgomeryville Is One Of The Go-To Retail Destinations In The Philadelphia MSA For National Retailers
Last Updated Date: 01 Mar 2022

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Last Updated Date: 01 Mar 2022

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