Bensalem Shopping Center_Property for Sale
Bensalem Shopping Center_Property for Sale
1903 Street Road, Bensalem, PA, 19020, US

Bensalem Shopping Center

Asset description

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to exclusively offer Bensalem Shopping Center, a 109,057 square foot, grocery anchored shopping center located in Bensalem, Bucks County, Pennsylvania. The 100% leased Property is anchored by Patel Brothers, the largest Indian grocery chain in the United States which accounts for +28% of the Property’s gross income, alongside a highly fungible, e-commerce resistant tenant lineup that features contemporary retail uses that include discount retail, healthcare, telecommunications, and various service-oriented concepts.


Bensalem Shopping Center provides necessity retail for the immediate community through a diverse range of modern retail uses that attracts shoppers from the surrounding community and creates a sense of place. The Property is ideally positioned with direct access and visibility along a highly trafficked Route 132 (+32,600 VPD) within a densely populated, affluent suburban Philadelphia submarket just 15 miles north of Center City Philadelphia.


Bensalem Shopping Center offers investors secure long-term income from an essential tenant base in a hyperactive regional retail corridor with an average household income of +$112,300 and a population of +95,500 within a 3-mile radius.

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Attributes

Building area net
10,132 sm
Occupancy
100%
WAULT
4.6 years
Land area gross
3.56 ha
Year built
1972
Parking spaces
510

Media

Investment highlights

  • High Performing Grocery Anchor
  • Service-Oriented Neighborhood Center With Excellent Leasing Momentum & Diversified Merchandising Mix Servicing the Immediate Trade Radius
  • Affluent, Densely Populated Submarket Situated in Inner Ring Suburbs in Philadelphia MSA
  • Premier Location Within Hyperactive Regional Retail Corridor
Bensalem Shopping Center 4_Property for Sale
Bensalem Shopping Center 4_Property for Sale

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Bensalem Shopping Center (0 Properties)

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Last updated
Nov 20, 2024