DriveTime | Langhorne, PA 1816 E Lincoln Hwy 4 320 pi² Commerce de détail Immeuble Langhorne, PA 19047 3 461 250 $ CAD (801,22 $ CAD/pi²) 5,81% Taux de capitalisation

Equity CRE is pleased to exclusively offer for sale this single-tenant DriveTime dealership that presents a rare opportunity to acquire a fully passive, net-leased investment backed by a corporate guarantee. DriveTime, a national automotive retailer with 135 locations across 30 states and a workforce of approximately 4,500 employees, has demonstrated long-term commitment to this site by exercising its second 5-year renewal option earlier this year. With 4.5 years of term remaining and no landlord responsibilities under the absolute NNN lease, investors benefit from stable cash flow and minimal operational oversight.
Strategically located along U.S. Business Route 1, the property enjoys strong visibility and access to over 22,000 vehicles per day. Langhorne’s affluent demographics further enhance the asset’s appeal, with a population exceeding 219,000 within a 5-mile radius and an average household income of $144,039. The site is part of the Philadelphia-Trenton MSA, the 8th largest metro area in the U.S., offering proximity to both Trenton (8 miles) and Philadelphia (24 miles), and access to a robust consumer base.
This offering is ideal for investors seeking a recession-resilient asset with a proven tenant, strong market fundamentals, and zero management obligations.