Rite Aid NNN Investment

6912 New Falls Rd, Levittown, PA 19057

  • For Sale $4,840,000
  • Property Type Retail - Freestanding
  • Property Size 15,157 SF
  • Lot Size 2.27 Acre
  • Additional Rent Contact for pricing
  • Parking Spaces Avail. 63
  • Parking Ratio 4.00 / 1,000 SF
  • Property Tenancy Single Tenant
  • Year Built 2013
  • Date Updated Nov 5, 2024
Rite Aid store number 01672 is ideally situated directly adjacent to Levittown’s central 5-points intersection with excellent access and visibility from both New Falls Road and Bristol Emilie Road. The average daily traffic counts at this location exceed 31,000 vehicles daily. The property is easily accessible to/from a number of local and major roads, including Woodbourne Road, Levittown Parkway, S. Oxford Valley Road, Rt. 413, Rt. 13, US-1 and I-95/ I-295. This property is a 30-minute drive to/from Philadelphia, Pennsylvania and Princeton, New Jersey and a 90-minute drive to/from New York City.SVN® is pleased to present an excellent opportunity to acquire a single-tenant, net leased Rite Aid investment. The property is comprised of a 15,000+ square foot, single story retail building with drive thru situated on an expansive, commercially zoned 2.27 acres parcel directly adjacent to the 5-points signalized intersection in densely populated Levittown (Bristol Township), Bucks County, Pennsylvania. Rite Aid is currently in year 11 of a 20-year lease term and has 9+ years remaining, in addition to (8) 5-year renewal options. The lease is an absolute NNN ground lease with no landlord responsibilities. Rite Aid has successfully operated this store since 2001 and performed major capital improvements in 2013, which demonstrates their commitment to the location.

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Attachments

Highlights

  • Absolute NNN lease - zero landlord responsibilities
  • 15,157 SF± building on 2.27 AC± lot
  • Drive-thru on site
  • 9+ years remaining on lease with eight, 5-year renewal options
  • Corporate Guarantee - NYSE: RAD
  • Highly visible / accessible location
  • Positioned adjacent to signalized, 5-way intersection
  • Proximate to densely populated residential/commercial neighborhoods
  • Less than two (2) miles from Pennsbury High School and Bucks County Technical High School
  • Population >123,000 within 3 miles; average HH income >$90,000
  • Easy access to major highways including Rts. 413, 13, 1 and I-95

Contacts

broker

Chichi E. Ahia

SVN | Ahia Commercial Real Estate

Location

Getting Around

  • Walk Score ®

    74/100 Very Walkable
  • Bike Score ®

    49/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Levittown, PA
  • Neighborhood Indian Creek
  • Zip Code 19057
  • Market Philadelphia

Points of Interest

  • Croydon

    4.88 miles

  • Yardley

    5.85 miles

  • Forest Hills

    8.86 miles

  • Wawa

    0.64 miles

  • Exon Gas Station

    1.36 miles

  • Sunoco

    1.77 miles

  • Pioneer

    1.95 miles

  • BP

    1.96 miles

  • Volta

    2.03 miles

  • ChargePoint

    2.14 miles

  • Giant

    2.18 miles

  • Shell

    2.21 miles

  • Blink

    2.56 miles

  • D&L Trail Parking

    5.65 miles

  • Theater Lot

    5.90 miles

  • Afton Limousine Service

    6.31 miles

  • Trucks

    6.90 miles

  • Autos

    6.90 miles

  • Rolling Hills Elementary School Parking Lot

    7.03 miles

  • Private

    8.04 miles

  • Equestrian Trail Parking

    8.34 miles

  • Arby's

    1.19 miles

  • Wendy's

    1.31 miles

  • McDonald's

    1.33 miles

  • Curly's

    1.33 miles

  • Dunkin' Donuts

    1.51 miles

  • Garden of Eatin

    1.56 miles

  • Giovanni's Pizzeria

    1.63 miles

  • Sports Pizza By Kio

    1.70 miles

  • Burger King

    1.74 miles

  • Taco Bell

    2.00 miles

  • Acme

    0.08 miles

  • ALDI

    0.97 miles

  • Walgreens

    1.22 miles

  • ShopRite

    1.23 miles

  • H Mart

    1.33 miles

  • Giant

    1.43 miles

  • Walmart Supercenter

    1.95 miles

  • Target

    1.97 miles

  • Aldi

    2.00 miles

  • Burlington

    2.00 miles

Frequently Asked Questions

How much does Rite Aid NNN Investment cost?

The space currently listed for sale at Rite Aid NNN Investment asks for $4,840,000.

What is the total square footage of Rite Aid NNN Investment?

Rite Aid NNN Investment totals 15,157 square feet.

When was this property built?

Rite Aid NNN Investment was built in 2013.

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Contact Listing Broker

broker

Chichi E. Ahia

SVN | Ahia Commercial Real Estate