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2251 Veterans Highway, Levittown, PA

7-Eleven
$1,398,000

Key Information

Cap Rate
5.5%
$ per SF
$513
Tot. SF
2,720
Lot Size
0.35 Acres
Year Built
1982
Term Remaining
±5.08 YRS
Type
Retail

Highlights

  • High Foot Traffic: Property ranks in the 93rd percentile within the state and 83rd percentile nationally for customer visits.
  • Strong Retail Synergy: Situated directly across from a Giant Food Store ranking in the 96th percentile nationally, driving consistent daily traffic to the corridor.
  • Proven Location: Successfully operating for over 40 years, underscoring long-term site viability and performance.
  • Absolute NNN Lease: Zero landlord responsibilities, providing passive ownership.
  • Recent Option Exercise: Tenant has recently renewed, signaling long-term commitment to the site.
  • Inflation Hedge: Lease features scheduled rental increases of 10% every five years.
  • Prime Corner Positioning: Located at a signalized intersection with excellent visibility, frontage, and exposure.
  • Strong Traffic Counts: Approximately ±46,500 vehicles per day pass the site.
  • Fee Simple Ownership: Ownership includes both land and improvements.
  • Excellent Accessibility: Dual access points from both intersecting streets enhance ingress and egress.
  • Recession-Resistant Use: Convenience retail offers stable, necessity-driven income.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # RM423998, RB068831 (PA)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203