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Listed by Josh Pagan • Keller Williams Main Line
$ 4,850,000
Est. payment | /mo
2.04 Acres Lot
$ 4,850,000
Est. payment | /mo
2.04 Acres Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID PABU2134876
Year Built 1982
Annual Tax Amount $73,914
Tax Year 2026
Lot Size 2.041 Acres
Acres 2.04
Property Sub-Type Retail
Source BRIGHT
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.
Location
State PA
County Bucks
Area Langhorne Boro (10118)
Zoning GB
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Inclusions Land and building as leased
Heat Source Other
Exterior
Garage Spaces 80.0
Water Access N
Accessibility None
Total Parking Spaces 80
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Neshaminy
Others
Tax ID 22-040-039
Ownership Fee Simple
Special Listing Condition Standard
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Nearby Locations
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1017 O Street NW, Washington DC, Washington, DC 20001, USA
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