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2272 E Lincoln Hwy 27,018 SF 100% Leased Retail Building Langhorne, PA 19047 $5,060,000 ($187.28/SF) 8% Cap Rate
EXECUTIVE SUMMARY
Fully leased, prime retail space located on Route 1 in Langhorne adjacent to the Oxford Valley Mall. Extensive renovations were done to enhance the appearance and increase the exposure for retail space to the plethora of commuters and mall traffic including new storefronts, building signage, and multi-tenant road signage. Customers will enjoy the convenient location and plenty of on-site parking at this easily accessible and highly-visible Oxford Valley retail location.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
27,018 SF
Building Class
B
Year Built
1982
Price
$5,060,000
Price Per SF
$187.28
Cap Rate
8%
NOI
$404,800
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.30
Lot Size
2.04 AC
Zoning
GB - General Business
Parking
80 Spaces (2.96 Spaces per 1,000 SF Leased)
Frontage
202’ on Lincoln Hwy
AMENITIES
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 22-040-039 | Improvements Assessment | $277,530 |
| Land Assessment | $155,600 | Total Assessment | $433,130 |
PROPERTY TAXES
Parcel Number
22-040-039
Land Assessment
$155,600
Improvements Assessment
$277,530
Total Assessment
$433,130
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2272 E Lincoln Hwy
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