This Retail Property is Off-Market.

Route 413 & Newtown Bypass
Langhorne, PA 19047 ·

20,066 SF · Retail For Sale

N/A

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Two Summit Square

Price N/A Commission Split 2.5%
Gross Leasable Area 20,066 SF Cap Rate 7.67%
Property Type Retail Tenancy Multiple
Property Sub-type Neighborhood Center Lot Size 10,000 SF
Property Use Type Net Lease Investment with 5 years left on lease
Listing ID: 16470613 Date Created: 11/12/2009 Last Updated: 03/13/2015

Description

New Construction Mixed Use Retail / Office located within the Summit Square Shopping Center. Joint Venture turnkey with 10% to 80% joint venture equity interest available. Total equity $1.3 MM with $4 MM existing debt at 6.125% interest. Owner builder will remain 20% partner and guarantee 8.40% cash on cash return first 2 years. Call or e-mail

Prime site located in the Summit Square Giant Center at the Newtown Bypass and Rt. 413 intersections.

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Route 413 & Newtown Bypass, Langhorne, PA 19047 (Bucks County)

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