Freestanding Office/Retail Property on Veterans
For Sale
$485,000
1321 Veterans Highway, Bristol, PA 19007
Highly visible commercial property near apartments, college, and office center.
Property Size2,030 SF
Price / SF$238.92
Days on Market90
Property Features for 1321 Veterans Highway
General Information
Standard status
Active
Size
2,030 SF
Class
B
Property subtype
Multi Tenant Office
Building Details
Building Size
2,030 SF
Year Built
1952
Listing Agency:
SVN | Ahia Commercial
(215) 757-2500
Listed By:
CHICHI AHIA · License #RS293807
(215) 757-2500
Source:
Thebrokerlist
Added: May 27
Changed: Aug 23
Last Checked: Aug 24 at 3:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN | Ahia Commercial
Investment Insights
Based on property information with market context.
This freestanding office/retail commercial property is located along Veterans Highway in Bristol, Pennsylvania. The property benefits from visibility and accessibility, situated next to Bristol Gardens Apartments, a residential community with more than 390 units. The site is located across from the Epstein Campus of Bucks County Community College and the Bucks County Office Center. The property is located within the Township’s Commercial (C) Zoning District and Town Center overlay area, with a variety of office, retail, medical, and commercial uses permitted by right. The property offers regional accessibility and visibility within Bucks County. It benefits from immediate access to I-95 and is minutes from U.S. Route 13 (Bristol Pike) and the Pennsylvania Turnpike, providing direct connectivity to Philadelphia, Princeton, and New Jersey. The property size is 2030 square feet.
Key Highlights
- High visibility location on heavily traveled Veterans Highway (PA Route 413).
- Exceptional accessibility with immediate access to I‑95, and proximity to U.S. Route 13 and the Pennsylvania Turnpike.
- Located next to Bristol Gardens Apartments (390+ units), providing a strong built‑in customer base.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$31,915
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.58%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$638,300
$638.3K
Cap Rate 7%
$455,929
$455.9K
Cap Rate 9%
$354,611
$354.6K
Market Conditions
NOI Build-Up for 2,030 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$52.9K $26.04/SF
− Vacancy
−$10.3K −$5.08/SF
EGI
$42.6K $20.96/SF
− OpEx
−$10.6K −$5.24/SF
NOI
$31.9K $15.72/SF
Area
Bucks County, PA
Vacancy
19.50%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$638,300
Cap Rate 7%
$455,929
Cap Rate 9%
$354,611
Alternative Uses
Best Use
Office B
$455.9K
$398.9K – $531.9K
NOI $31,915 @ 7.0% cap · market cap 6.58%
Second Best
Retail
$420.8K
$368.2K – $491.0K
NOI $29,458 @ 7.0% cap · market cap 6.07%
Theoretical Best
Office A
$615.5K
$538.5K – $718.1K
NOI $43,083 @ 7.0% cap · market cap 8.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
368
Businesses Nearby
Explore this area
Business Placement
Demographics for 19007, PA
21,849
Population
9,675
Households
2.3
Avg Household Size
40
Median Age
24%
College-Educated
89%
High-School Grad
7.5 sq mi
ZIP Area
2,913
Density / Sq Mi
$66,811
Median Household Income
$43,642
Median Earnings
$1,029
Median Rent
$264,800
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Highly visible commercial property near apartments, college, and office center.
Where is this retail space located?
The property is located at 1321 Veterans Highway Bristol, PA.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: High visibility location on heavily traveled Veterans Highway (PA Route 413).; Exceptional accessibility with immediate access to I‑95, and proximity to U.S. Route 13 and the Pennsylvania Turnpike.; Located next to Bristol Gardens Apartments (390+ units), providing a strong built‑in customer base.
