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2272 E Lincoln Hwy 27,018 SF 100% Leased Retail Building Langhorne, PA 19047 $6,947,836 CAD ($257.16 CAD/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
$6,947,836 CAD
Price Per SF
$257.16 CAD
Cap Rate
8%
NOI
$555,827 CAD
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 | $383,186 CAD |
| Land Assessment | $214,837 CAD | Total Assessment | $598,023 CAD |
Property Taxes
Parcel Number
22-040-039
Land Assessment
$214,837 CAD
Improvements Assessment
$383,186 CAD
Total Assessment
$598,023 CAD
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2272 E Lincoln Hwy
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