Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1982
Sq.Footage
27,018
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.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Heating YN
YES
-
Heating
Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
Parking Lot
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
2.04
-
Lot Size(square feet)
88,906
-
Property Type
Commercial Sale
-
Property Sub Type
Retail
Price
-
Sales Price
$4,850,000
-
Tax Amount
$73,914
-
Sq. Footage
27,018
-
Price/SqFt
$179
HOA
-
Association
N/A
-
Total Monthly Fees
true
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Sewer
Public Sewer
-
Tax Lot
039
-
Water Source
Public
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Location
County
BUCKS
Elementary School
Middle School
High School
Listing Courtesy of Joshua M. Pagan, Keller Williams Main Line
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Salesperson, Realtor
Jordan Fortson
Call Jordan today to schedule a private showing.
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