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Four-Unit Shopping Center
For Sale
$1,000,000

4015 VETERANS HIGHWAY, Levittown, PA 19056

Fully occupied retail package with contiguous storefronts and established commercial tenants.

Property Size4,570 SF
Price / SF$218.82
Days on Market50

Property Features for 4015 VETERANS HIGHWAY

General Information

Standard status Active
Size 4,570 SF
Property subtype Commercial
Occupancy 100%

Additional Details

Gross Income $79,200
Highway Access Yes

Building Details

Year Built 1955
Tenancy Multi
Listing Agency: Re/Max One Realty
Listed By: Robert J Wolf · License #AB065938
Source: Cummingsrealtors
Added: Sep 16 Changed: Nov 3 Last Checked: Nov 3 at 7:09AM

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 Re/Max One Realty

Rey
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Investment Insights

Based on property information with market context.

This four-unit shopping center contains 4,570 square feet of commercial storefront space and was built in 1955. The package includes a hair-braiding salon, retail store, jewelry store, and restaurant, with all four units occupied. Three storefronts connect directly, creating flexibility for a larger combined layout subject to applicable approvals. Tenancies are month-to-month, with occupants handling utilities and substantial maintenance responsibilities.

The property is positioned at 4015 Veterans Highway in Levittown, within Bristol Township. It includes ample parking and frontage along a high-traffic commercial corridor. Access to the Pennsylvania Turnpike and Interstate 95 is described as convenient, with New Jersey also readily accessible. The seller prefers to convey all four units together as one package.

Key Highlights

  • Four occupied commercial storefronts totaling 4,570 SF
  • Retail mix includes a hair‑braiding salon, retail store, jewelry store, and restaurant
  • Three of the four storefronts are contiguous

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$71,053
Cap Rate
7.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,421,060 $1.4M
Cap Rate 7%
$1,015,043 $1.0M
Cap Rate 9%
$789,478 $789.5K
Market Conditions
NOI Build-Up for 4,570 SF
Gross rent
$100.4K $21.96/SF
− Vacancy
−$5.6K −$1.23/SF
EGI
$94.7K $20.73/SF
− OpEx
−$23.7K −$5.18/SF
NOI
$71.1K $15.55/SF
Area
Bucks County, PA
Vacancy
5.60%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,421,060
Cap Rate 7%
$1,015,043
Cap Rate 9%
$789,478

Alternative Uses

Best Use
Specialty Retail
$1.02M
$888.2K – $1.18M (±1% cap)
NOI $71,053 @ 7.0% cap · market cap 7.11%
Second Best
Retail
$947.4K
$829.0K – $1.11M (±1% cap)
NOI $66,316 @ 7.0% cap · market cap 6.63%
Theoretical Best
Office A
$1.39M
$1.21M – $1.62M (±1% cap)
NOI $96,990 @ 7.0% cap · market cap 9.70%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Musu Michael's Merchandise Department Store

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center Dental Office Gym & Fitness Center Hair Salon

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

100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

513
Businesses Nearby
148k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 40% Groceries 40% Dining 19% Electronics 1%
Giant Food Store Groceries
46,250 visits/mo 0.1 miles
Wawa Shops & Services
35,270 visits/mo 0.5 miles
Burger King Dining
16,741 visits/mo 0.1 miles
Fine Wine & Good Spirits Groceries
13,032 visits/mo 0.2 miles
Dunkin' Donuts Dining
8,543 visits/mo 0.1 miles

Demographics for 19056, PA

15,858
Population
6,030
Households
2.6
Avg Household Size
41
Median Age
34%
College-Educated
95%
High-School Grad
3.9 sq mi
ZIP Area
4,066
Density / Sq Mi
$104,382
Median Household Income
$53,916
Median Earnings
$1,409
Median Rent
$360,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

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Frequently Asked Questions

What type of property is this?
Shopping center - Fully occupied retail package with contiguous storefronts and established commercial tenants.
Where is this shopping center located?
The property is located at 4015 VETERANS HIGHWAY Levittown, PA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Four occupied commercial storefronts totaling 4,570 SF; Retail mix includes a hair‑braiding salon, retail store, jewelry store, and restaurant; Three of the four storefronts are contiguous
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