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Lauren Kerr with HomeSmart Nexus Realty Group
2270 E Lincoln Hwy, Langhorne, PA 19047
- $4,850,000
- 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.
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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: