MLS® ID: 1009954526
375 W LINCOLN HIGHWAY W
EXTON, Pennsylvania, 19341 $1,500,000
Prime commercial development opportunity located along business Route 30/Lincoln Highway in Exton, PA Chester County. This property is situated along a dense retail corridor surrounded by major retailers and continues to flourish with a newly constructed 240 unit apartment development known as the Keva Flats located at 301 W. Lincoln Highway, and a 86 Carriage home development known as the Waterloo Reserve located at 200 N. Whitford Road, both within walking distance of the subject property. In addition the township has recently approved 701 apartment units, 108 carriage homes, 65-unit 4 story hotel, and an 80,565 SF transitional care facility, and January 2018 Whole Foods opened a 55,000 store located at the Exton Square Mall. Some of the many surrounding retail centers are Main Street at Exton, Exton Square Mall, Fairfield Place, Brentwood Shoppes, Whiteland Towne Center, Festival at Exton.Route 30 has an ADTC of 16,000 and Route 100/Pottstown Pike 36,000 which these two major routes interconnect less than one mile east of subject property. Chester County is home to many major industries such as QVC, Sikorsky Aircraft, Herr Foods, Endo Pharma, Vanguard, and Siemens. Within a 5 mile radius the estimated total population is 104,431, households 40,213, household median income $111,028, and median home value of $375,205. Chester County offers one of the highest household median incomes and lowest unemployment rates in Pennsylvania. This is a rare opportunity to purchase one of the very few remaining corners along this corridor. Many permitted uses by right including retail and office.