554 2nd Street Pike
Southampton, PA 18966
Retail Property For Sale

Located 3.5 miles from the city limits of Northeast Philadelphia, Dunkin' Donuts is supported by strong demographic and economic fundamentals. The 5-mile radius surrounding the property contains a population of over 210,000 with an average household income of over $98,000. Subject Dunkin' is simply an excellent opportunity for an investor to own a universal brand STNL deal in a key, highly sought after Philadelphia market with high barriers to entry. Dunkin' Donuts is out parceled to Southampton Shopping Center, a 150,457 square-foot neighborhood center anchored by a market-leading, 59,892-square-foot Giant grocery store, that features a unique mix of restaurants and shops including Saladworks, Robin Hood Restaurant, Tuesday Morning, Pennsylvania Wine & Spirits, and three banks with total deposits in excess of $317 million. Over the last three years, 74 percent of the in-place shop space at the property has executed lease renewals at rental rates that are on average 9 percent higher.