Listing Agency: Mallin Panchelli Nadel Realty Inc r***@mpnrealty.com Show Phone

Listed By: Nadia T Bilynsky · License #RS311101 Show Phone

Added: Jul 29 Last Checked: Aug 29 at 1:06PM

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MLS# PABU2127670

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Investment Insights

Based on property information with market context.

Under-construction shopping center opportunity totaling 0.76 acres, being positioned for a mix of food and beverage and service-oriented retail. The property is located at the high-traffic intersection of Second Street Pike and Almshouse Road in Richboro within Northampton Township and the award-winning Council Rock School District. An estimated delivery date is Q1 of 2028.

Building A offers ground floor retail/restaurant space from 680 to 7,512 SF, with divisibility for flexible tenant layouts, plus second floor retail/office space ranging from 1,595 to 4,000 SF. Building A also includes patio options totaling 340 SF outdoor patio space and 713 SF covered outdoor patio space. Building B provides a 3,524 SF retail/restaurant space with 304 SF outdoor space. Building C is well-suited for a brewery/restaurant concept, with 5,223 SF ground floor retail/restaurant space and 2,520 SF second floor retail/office space, along with 450 SF covered outdoor patio space.

Key Highlights

• 0.76‑acre under‑construction shopping center with an estimated delivery date of Q1 2028
• Leasing suited for full‑service restaurant/bar, various F&B, cafe/coffee shop, fitness, medical office, and service retailers
• Building A: ground floor retail/restaurant space divisible from 680 to 7,512 SF

Property Analytics

Property Profile

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Restaurant Auto Repair Shop Big Box & Wholesale Store Building Supply Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant

Tenancy

NNN (Triple Net)

Lease Type

$5.25 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

720

Businesses Nearby

152k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 48% Groceries 26% Dining 20% Electronics 3%

Wawa Shops & Services

40,515 visits/mo 0.4 miles

Giant Food Store Groceries

27,947 visits/mo 0.1 miles

McDonald's Dining

21,816 visits/mo 0.2 miles

Fine Wine & Good Spirits Groceries

11,665 visits/mo 0.3 miles

Sunoco Shops & Services

10,552 visits/mo 0.1 miles

Demographics for 18954, PA

9,574

Population

3,812

Households

2.5

Avg Household Size

47

Median Age

63%

College-Educated

97%

High-School Grad

6.4 sq mi

ZIP Area

1,496

Density / Sq Mi

$154,989

Median Household Income

$82,650

Median Earnings

$1,991

Median Rent

$585,200

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Questions? Ask Rey

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What type of property is this? Where is this shopping centers located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Shopping center - 0.76-acre retail center leasing ground and second-floor spaces for restaurant, cafe, and service uses.

Where is this shopping center located?

The property is located at 20 NEWTOWN RICHBORO Road Richboro, PA.

What is the lease rate?

The lease rate is $35 SF/Yr.

What are key features of this property?

This property features: 0.76‑acre under‑construction shopping center with an estimated delivery date of Q1 2028; Leasing suited for full‑service restaurant/bar, various F&B, cafe/coffee shop, fitness, medical office, and service retailers; Building A: ground floor retail/restaurant space divisible from 680 to 7,512 SF