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Bensalem Crossings

2 Retail Properties Offered at £10,556,820 in Bensalem, PA

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Investment Highlights

Grocery/Drug Daily Needs Anchored Center; ShopRite and CVS Represent 93% of the Center
Attractive In-Place Non-Recourse Life Insurance Debt: 3.50% interest rate, 51% LTV, due in August 2030
Affluent & Dense Demos; $121,000 AHHI within a 1-Mile Radius; 248,000 People within a 5-Mile Radius

100% National Tenants, Including ShopRite, CVS/pharmacy, Verizon, and T-Mobile (Cell Tower)
Below Replacement Cost: $199 PSF
Conveniently Located Near I-276, I-295, and I-95 Freeways

Executive Summary

• Grocery/Drug Daily Needs Anchored Center
• ShopRite Extended their Lease by 10 Years and Invested $2,500,000 into the Store in 2020
• CVS Pharmacy Extended their Lease by 10 Years in 2024
• Favorable In-Place Debt; 3.50% Interest Rate
• $121,000 Average Household Income

Property Facts

Price	£10,556,820	Number of Properties	2
Price / SF	£154.38 / SF	Individually For Sale	0
Net Initial Yield	6%	Total Building Size	68,380 SF
Sale Type	Investment	Total Land Area	10.08 AC
Status	Active

Price	£10,556,820
Price / SF	£154.38 / SF
Net Initial Yield	6%
Sale Type	Investment
Status	Active
Number of Properties	2
Individually For Sale	0
Total Building Size	68,380 SF
Total Land Area	10.08 AC

Properties

Property Name / Address	Property Type	Size	Year Built	Individual Price
2200 Bristol Rd, Bensalem, PA 19020	Retail	62,880 SF	1999	-
2290 Bristol Rd, Bensalem, PA 19020	Retail	5,500 SF	1999	-

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