2270 E Lincoln Hwy, Langhorne, PA 19047

$4,850,000

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List Price
$4,850,000
Days on Market
1
Status
ACTIVE
MLS#
PABU2134876
Lot Size (Acres)
2.04
Year Built
1982
County
Bucks
School District
Neshaminy

Property Description

2270-2272 E Lincoln Hwy is a 27,018 SF freestanding, single-story retail building on 2.041 acres at the Oxford Valley Mall in Middletown Township, Bucks County. It is 100% leased on net leases to two national retailers: Mattress Firm (Sleepy's, LLC, a Somnigroup International subsidiary), here since 2005, and The Tile Shop, here since 2013 and guaranteed by its parent, Tile Shop Holdings. The tenants reimburse taxes, insurance and CAM and pay for their own HVAC, including replacement; the roof was replaced in 2019 and 2023. Offered at $4,850,000 ($179.51/SF), an 8.9% cap rate on in-place NOI, with option rent increases already written into both leases. The site has 80 surface parking spaces and sits across Lincoln Highway from Target, near ALDI, Burlington and Sam's Club.

Additional Information

Area
Langhorne Boro (10118)
School District
Neshaminy
Heating
Forced Air
Cooling
Central Air
Water
Public
Sewer
Public Sewer

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Listing courtesy of Keller Williams Main Line. Contact:

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