7011 New Falls Rd Levittown, PA 19057
High-yield NNN lease, strong tenant.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 135
Highlights
- Fee-simple retail property at 7011 New Falls Rd, Levittown, PA 19057.
- 1,647 SF Shell Gas & Food Mart on a 0.53-acre lot.
- 15-year NNN lease with corporate guarantee, expiring August 17, 2035 (10.7+ years remaining).
- 5.50% cap rate and $100,447 NOI; 1.5% annual rent increases.
- Asking price: $1,825,000 ($1,108.08/SF).
- High-traffic location (48,700 VPD) with excellent visibility; three 5-year renewal options.
Property Details for 7011 New Falls Rd
- Property type
- Retail properties, Grocery and convenience stores
- Square Feet
- 1,647 SF
- Lot Size (sq. ft)
- 23,087 SF
Location Insight
- City
- Levittown
- County
- Bucks
- State
- Pennsylvania
- Latitude
- 40.154381136452
- Longitude
- -74.856256751587
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-yield NNN lease, strong tenant.
- Where is the retail property located?
- The property is located at 7011 New Falls Rd Levittown, PA.
- What is the asking price?
- The asking price for this property is $1,825,000.
- What are key features of this property?
- This property features: Fee-simple retail property at 7011 New Falls Rd, Levittown, PA 19057.; 1,647 SF Shell Gas & Food Mart on a 0.53-acre lot.; 15-year NNN lease with corporate guarantee, expiring August 17, 2035 (10.7+ years remaining).
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