Route 413 & Newtown Bypass, Langhorne, PA, 19047 - Available for Sale

Retail For Sale

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Two Summit Square

Route 413 & Newtown Bypass, Langhorne, PA 19047

$5,300,000

20,066 SF | Retail

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Two Summit Square

Retail Property For Sale Get Financing

Price:
$5,300,000
Gross Leasable Area:
20,066 SF
Price/SF:
$264.13
Property Type:
Retail
Property Sub-type:
Neighborhood Center
Property Use Type:
Net Lease Investment with
5 years left on lease
Commission Split:
2.5%
Cap Rate:
7.67%
Occupancy:
100%
Tenancy:
Multiple
Lot Size:
10,000 SF
Listing ID
16470613
Last Updated
28 days ago

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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.

Financial Summary

  • Actual
  • $445,200

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

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Asking Price Index Trends for Langhorne, PA Retail For Sale

  Mar 14 vs. 3 mo.
prior
Y-O-Y
-
State
$105-0.2%-0.3%
-
Metro
$131-0.9%-0.4%
-
County
$200+3.5%-8.7%

View Langhorne Market Trends for other property types for sale or lease. Learn more about the chart info.

Created 11/12/2009
Two Summit Square
  • Retail
  • $5,300,000
  • 20,066 SF