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Property Description
Price: $1,250,000 Cap Rate: 6.89% NOI: $86,077 Gross Income: $99,936 This fully leased three-tenant retail strip center offers investors a stable income-producing asset located along the busy W. Moreland Road commercial corridor in Willow Grove, Pennsylvania. The property benefits from high daily traffic, strong surrounding demographics, and neighborhood service tenants that generate consistent foot traffic. The tenants provide essential services to the local community, creating dependable rental income and long-term investment stability. Investment Highlights ✔ Fully leased retail property ✔ Three established neighborhood tenants ✔ Strong retail corridor location ✔ CPI-based rent increases ✔ Consistent rental income ✔ Excellent street visibility ✔ On-site parking for customers ✔ Dense residential population surrounding property Location Overview The property is located along W. Moreland Road, a well-traveled commercial corridor serving Willow Grove and greater Montgomery County. This corridor features a mix of national retailers, neighborhood businesses, restaurants, and service providers. Nearby retailers include: "¢ Chipotle "¢ Visionworks "¢ Multiple neighborhood retail centers "¢ Restaurants and service businesses The surrounding area contains dense residential neighborhoods that provide consistent customer demand for neighborhood retail services. Traffic & Accessibility The property benefits from strong vehicle traffic and convenient accessibility from major nearby roadways. Key advantages: ✔ High daily traffic counts ✔ Easy access from surrounding residential areas ✔ Established retail corridor ✔ Strong neighborhood retail demand Investment Opportunity This offering represents an opportunity to acquire a stable income-producing retail asset in a strong suburban Philadelphia retail corridor. With long-standing tenants and steady neighborhood demand, the property offers investors: "¢ Immediate income "¢ Potential rent growth through CPI adjustments "¢ Long-term stability
Full Property Details
Full Property Details for 407 W Moreland Rd
General
- Price: $1,250,000
- Taxes: $13,859 (2025)
- Status: Active
- Type: Retail
- Source: BrightMLSPhilly
- MLS ID: PAMC2169624
- Updated: 3/5/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Shopping Center
Parking
- Total Spaces: 8
- Parking Type: Parking Lot
Location
- Area: Upper Moreland Twp (10659)
- Municipality: UPPER MORELAND TWP
- County: MONTGOMERY
- Subdivision: WILLOW GROVE
- Driving Directions: Use Gps
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: None
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick, Aluminum Siding, Combination
- Roof: Flat
- Stories/Levels: 1
- Year Built: 1960
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.19
- Lot Size (Sq. Ft.): 8,275
- Lot Size Source: Assessor
- Lot Dimensions: 66.00 x 0.00
- Zoning: C1
Financial Considerations
- Assessment Year: 2025
- School Tax: $7,053
- City/TownTax: $1,364
- City/TownTax Freq: Annually
- County Tax: $980
- County Tax Freq: Annually
- Tax w/Assessment: $186,730
- Tax Amount: $13,859
- Tax Year: 2025
- Owner Pays: Taxes - Real Estate
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: All tenants personal property , business names, supplies and equipment.
- Investment: Yes
- Lot Number: 76
Listed by Realty Mark Associates, Paul Malitas
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Schools
Schools serving 407 W Moreland Rd
School District:Upper Moreland Township School District
| Name | Grades | Distance |
|---|---|---|
Upper Moreland Primary School 3980 Orangemans Road, Hatboro, PA 19040 | K-2 | 2.4 mi |
Upper Moreland Intermediate School 3990 Orangemans Road, Hatboro, PA 19040 | 3-5 | 2.5 mi |
Upper Moreland Middle School 4000 Orangemans Road, Hatboro, PA 19040 | 6-8 | 2.5 mi |
Upper Moreland High School 3000 Terwood Road, Willow Grove, PA 19090 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 407 W Moreland Rd
Date
Details
Price
Change
Source
3/05/2026
Listed
$1,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 407 W Moreland Rd
407 W Moreland Road, Willow Grove, PA 19090 (MLS# PAMC2169624) is a Retail property. 407 W Moreland Road is currently listed for $1,250,000 and was received on March 05, 2026. Want to learn more about 407 W Moreland Road? Do you have questions about finding other Retail real estate for sale in Willow Grove? You can browse all Willow Grove real estate or contact a Coldwell Banker agent to request more information.

