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Marcus & Millichap Sells Ridge Plaza Retail Center In Royersford, PA For $5.8M

Property Image
SOLD
$5,800,000
Colin Reder
Scott Woodard
Derrick Dougherty
+ 1

Pennsylvania

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Retail25,985 SF
Sold 02/09/2024
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Property Image
SOLD

Marcus & Millichap Sells Ridge Plaza Retail Center In Royersford, PA For $5.8M

451 West Ridge Pike

See Similar Deals
Retail25,985 SF
Sold 02/09/2024
Colin Reder
Scott Woodard
Derrick Dougherty
+ 1
the dealplayerscompscontact
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Summary

PENNSYLVANIA
Asset Type:Retail
Price Per Square Foot:$223
Total Square Footage:25,985 SF
Transaction Type:Sale

The Ridge Plaza shopping center in Royersford, Pennsylvania was recently sold for $5.8 million. The property spans across 25,985 square feet and is located at 451 West Ridge Pike. The sale price equates to approximately $223 per square foot.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $5,800,000
  • Address: 451 West Ridge Pike, Royersford, PA
  • Market: Royersford, PA
  • Square Footage: 25,985
  • Price per Square Foot: $223

The sale of Ridge Plaza was facilitated by Marcus & Millichap, with Colin Reder, Derrick Dougherty, and Scott Woodard serving as the seller's representatives. Linda Cheng, from Premium Realty Group, represented the buyer in the transaction.

Please note that this information was obtained directly from the transaction announcement made by Marcus & Millichap.

Players

Derrick Dougherty
Marcus & Millichap
Derrick Dougherty
27 deals$178.4M volume
BROKER
Scott Woodard
Marcus & Millichap
Scott Woodard
13 deals$111.4M volume
BROKER
Colin Reder
Marcus & Millichap
Colin Reder
5 deals$38.7M volume
BROKER
Linda Cheng
Linda Cheng
1 deal$5.8M volume(267) 918-0968
BROKER

Details

SOLD
IMAGE: Linda Cheng, Colin Reder, Derrick Dougherty & Scott Woodard DATE: 02/09/2024 ADDRESS: 451 West Ridge Pike MARKET: Royersford, PA ASSET TYPE: Retail BUYER'S REP: Linda Cheng - Premium Realty Group SELLER'S REP: Colin Reder, Derrick Dougherty & Scott Woodard - Marcus & Millichap (@MarcusMillichapinc) SALE PRICE: $5,800,000 SF: 25,985 ~ PPSF: $223 NOTE: Marcus & Millichap announced the $5.8 million sale of Ridge Plaza, a 25,985-square-foot shopping center in Royersford, Pennsylvania. The transaction was led by Derrick Dougherty, Scott Woodard, and Colin Reder, with Linda Cheng from Premium Realty Group representing the buyer.

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