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7-Eleven 2251 Veterans Hwy 2,720 SF Retail Building Levittown, PA 19056 $1,398,000 ($513.97/SF) 5.50% Cap Rate
Investment Highlights
- High Foot Traffic: Property ranks in the 93rd percentile within the state and 83rd percentile nationally for customer visits.
- Proven Location: Successfully operating for over 40 years, underscoring long-term site viability and performance.
- Recent Option Exercise: Tenant has recently renewed, signaling long-term commitment to the site.
- Strong Retail Synergy: Across from a top-performing Giant Food Store (96th percentile), driving strong daily traffic.
- Absolute NNN Lease: Zero landlord responsibilities, providing passive ownership.
- Inflation Hedge: Lease features scheduled rental increases of 10% every five years.
Executive Summary
Broker of Record
Kyle Matthews
License # RM423998, RB068831 (PA)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Kyle Matthews
License # RM423998, RB068831 (PA)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,720 SF
Building Class
B
Year Built
1982
Price
$1,398,000
Price Per SF
$513.97
Cap Rate
5.50%
NOI
$76,894
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.35 AC
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 22-059-028 | Improvements Assessment | $38,400 |
| Land Assessment | $36,400 | Total Assessment | $74,800 |
Property Taxes
Parcel Number
22-059-028
Land Assessment
$36,400
Improvements Assessment
$38,400
Total Assessment
$74,800
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7-Eleven | 2251 Veterans Hwy
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