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CROWNSTONE INVESTMENT GROUP 610.291.9895 276 B Dilworthtown West Chester, PA 19382 BRADY CARROLL 0: 610.291.9895 [email protected] 313 South Bolmar Street OFFERING MEMORANDUM PRESENTED BY: WEST CHESTER, PA OFFERING MEMORANDUM

313 South Bolmar Street - images3.loopnet.com · West Chester, PA 19382 Confidentiality & Disclaimer BRADY CARROLL 0: 610.291.9895 [email protected] All materials and information

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Page 1: 313 South Bolmar Street - images3.loopnet.com · West Chester, PA 19382 Confidentiality & Disclaimer BRADY CARROLL 0: 610.291.9895 bcarroll@kwcommercial.com All materials and information

CROWNSTONE INVESTMENT GROUP610.291.9895276 B Dilworthtown

West Chester, PA 19382BRADY CARROLL

0: 610.291.9895

[email protected]

313 South Bolmar Street

OFFERING MEMORANDUM

PRESENTED BY:

WEST CHESTER, PA

OFFERING MEMORANDUM

Page 2: 313 South Bolmar Street - images3.loopnet.com · West Chester, PA 19382 Confidentiality & Disclaimer BRADY CARROLL 0: 610.291.9895 bcarroll@kwcommercial.com All materials and information

www.crownstonegroup.com/ 2

OFFERING SUMMARY

SALE PRICE: $499,900

LOT SIZE: 0.15 Acres

BUILDING SIZE: 2,180 SF

MARKET: Philadelphia

SUBMARKET: West Chester

PROPERTY OVERVIEW

313 South Bolmar Street is a brand new Class A constructionrenovation of a retail/flex/office building in West Chester, PA.

There are two floors of immaculate space including a showroom, officespace, full kitchen, two bathrooms (ADA downstairs), washer/dryer,shower upstairs and ample storage.

The rear of the building boasts a 450 SF garage with a brand newoverhead door and heating. There are seven parking spaces out frontand in the rear plus one handicap space by the front entrance.

There is ample outside storage available, and lighted signage on thestreet and on the building for maximum advertising exposure.

It's location is ideal being in West Chester and having quick access toRoute 202, Route 3, the borough, and other major arteries.

PROPERTY HIGHLIGHTS•

Executive Summary

313 SOUTH BOLMAR STREET |

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Additional Photos

313 SOUTH BOLMAR STREET |

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Additional Photos

313 SOUTH BOLMAR STREET |

Page 5: 313 South Bolmar Street - images3.loopnet.com · West Chester, PA 19382 Confidentiality & Disclaimer BRADY CARROLL 0: 610.291.9895 bcarroll@kwcommercial.com All materials and information

www.crownstonegroup.com/ 5

Location Maps

313 SOUTH BOLMAR STREET |

Page 6: 313 South Bolmar Street - images3.loopnet.com · West Chester, PA 19382 Confidentiality & Disclaimer BRADY CARROLL 0: 610.291.9895 bcarroll@kwcommercial.com All materials and information

www.crownstonegroup.com/ 6

POPULATION 1 MILE 3 MILES 5 MILES

Total population 16,614 64,036 124,310

Median age 27.0 34.3 37.7

Median age (male) 26.4 33.6 36.5

Median age (Female) 27.8 35.2 39.0

HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES

Total households 5,281 23,719 47,029

# of persons per HH 3.1 2.7 2.6

Average HH income $62,390 $91,710 $108,917

Average house value $322,967 $384,955 $407,475

* Demographic data derived from 2010 US Census

Demographics Map

313 SOUTH BOLMAR STREET |

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www.crownstonegroup.com/ 7

CROWNSTONE INVESTMENT GROUP

610.291.9895

276 B Dilworthtown

West Chester, PA 19382

Confidentiality & Disclaimer

BRADY CARROLL

0: 610.291.9895

[email protected]

All materials and information received or derived from Crownstone Investment Group its directors, officers, agents, advisors, affiliates and/or any thirdparty sources are provided without representation or warranty as to completeness , veracity, or accuracy, condition of the property, compliance or lack ofcompliance with applicable governmental requirements, developability or suitability, financial performance of the property, projected financialperformance of the property for any party’s intended use or any and all other matters.

Neither Crownstone Investment Group its directors, officers, agents, advisors, or affiliates makes any representation or warranty, express or implied, asto accuracy or completeness of the materials or information provided, derived, or received. Materials and information from any source, whether writtenor verbal, that may be furnished for review are not a substitute for a party’s active conduct of its own due diligence to determine these and other mattersof significance to such party. Crownstone Investment Group will not investigate or verify any such matters or conduct due diligence for a party unlessotherwise agreed in writing.

EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE.

Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections andinvestigations including through appropriate third party independent professionals selected by such party. All financial data should be verified by theparty including by obtaining and reading applicable documents and reports and consulting appropriate independent professionals. CrownstoneInvestment Group makes no warranties and/or representations regarding the veracity, completeness, or relevance of any financial data or assumptions.Crownstone Investment Group does not serve as a financial advisor to any party regarding any proposed transaction.

All data and assumptions regarding financial performance, including that used for financial modeling purposes, may differ from actual data orperformance. Any estimates of market rents and/or projected rents that may be provided to a party do not necessarily mean that rents can beestablished at or increased to that level. Parties must evaluate any applicable contractual and governmental limitations as well as marketconditions,vacancy factors and other issues in order to determine rents from or for the property. Legal questions should be discussed by the party withan attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions should be discussed by theparty with a title officer or attorney. Questions regarding the condition of the property and whether the property complies with applicable governmentalrequirements should be discussed by the party with appropriate engineers, architects, contractors, other consultants and governmental agencies. Allproperties and services are marketed by Crownstone Investment Group in compliance with all applicable fair housing and equal opportunity laws.

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. Itis submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

OFFERING MEMORANDUM

PRESENTED BY:

WEST CHESTER, PA