Brookhaven Shopping Center

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to exclusively offer Brookhaven Shopping Center (the “Property”), a 213,755 square foot, dominant grocery-anchored shopping center located in Brookhaven, Delaware County, PA. The 100% leased Property features high-performing anchor tenancy with ShopRite, the dominant grocer in the Delaware Valley, and Lowe's, which together account for 68% of the Property’s gross income and each have nearly 10 years of remaining term.

The Property provides investors a stable income stream with a weighted average lease term of +8.5 years and a weighted average tenure of +9.9 years. Over 94% of income is derived from credit and national tenants including Lowe's, PetSmart, Citizens Bank and more, with the added optionality to spin off free-standing pads.

Brookhaven Shopping Center provides investors the opportunity to acquire a dominant ShopRite-anchored shopping center in an affluent submarket within the Philadelphia MSA. The Property is located in an ideal suburban infill location with direct visibility and access along Edgmont Avenue (+22,000 VPD) and close proximity to I-476 (+90,000 VPD) with a population of +218,000 and an average household income of +$121,450 within a 5-mile radius of the Property.