MLS#PABU2134876
STATUSACTIVE
PROPERTY TYPECommercial - Farm
SCHOOLNESHAMINY
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.
Property Features
Property Type: Commercial - Farm
Cooling: Central A/C
Heating: Forced Air
Lot Size: 2.04 Acres
Taxes: $73,914
Year Built: 1982
Feature Descriptions
Exterior: Combination
Lot Dimensions: 2.04 Acre(S)
Municipality: LANGHORNE BORO
Sewer: Public Sewer
Total Garage/Parking Spaces: 80
Water: Public
Local Schools
School District: NESHAMINY
Listed By / Shown By
Listed By
Agency Name: Keller Williams Main Line
Agency Phone: 6105200100
Shown By
Agent Name: Leslie Russell Associate Broker/Consultant
Agent Phone: Cell: (215) 694-9169
Agency Title: RealtyMark
Leslie Russell Associate Broker/Consultant
Office: (215) 376-4444 ext. 318
Cell: (215) 694-9169
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2270 E Lincoln Highway | MLS# PABU2134876
This commercial property located at 2270 E Lincoln Highway, Langhorne, PA 19047 is currently listed for sale with an asking price of $4,850,000. E Lincoln Highway is located within the NESHAMINY school district. Search Langhorne real estate on lrussell.realtymark.net today.