Daily limit: 0/10
Marcus & Millichap Sells Phoenixville Shopping Center For $7.4 Million Representing Seller
SOLD
$7,400,000
Pennsylvania
See Similar DealsRetail33,093 SF
Sold 12/12/2025
SOLD
Marcus & Millichap Sells Phoenixville Shopping Center For $7.4 Million Representing Seller
785 Starr Street
See Similar DealsRetail33,093 SF
Sold 12/12/2025
Summary
PENNSYLVANIA
Asset Type:Retail
Price Per Square Foot:$223
Total Square Footage:33,093 SF
Transaction Type:Sale
The sale involved a retail property located at 785 Starr Street in Phoenixville, PA, which encompasses 4 acres of land. The property consists of 33,093 square feet and was fully leased, with the notable presence of ACME Markets as a shadow anchor. The transaction was completed for a price of $7,400,000, yielding a price per square foot of $224.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $7,400,000
- Square Footage: 33,093
- Address: 785 Starr Street
- Market: Phoenixville, PA
- Acres: 4
- Price per Square Foot: $224
- Brokers: Derrick Dougherty & Scott Woodard - Marcus & Millichap
Scott Woodard and Derrick Dougherty represented the seller, a private investor based in Pennsylvania. The brokerage firm involved in the transaction was Marcus & Millichap, facilitating the sale of the Phoenixville Shopping Center.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$394,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$26,290.63
Cash-on-Cash Return-1.27%
Monthly Debt Service$35,079.78
Annual Debt Service$420,957.30
Is there something missing? Send suggestions