Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail Space in Airport Square Title is generated by Realmo AI

    801 Bethlehem Pike, Montgomeryville, PA 19454

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Prime retail spaces available in a high-traffic shopping center.

    Type:Retail
    Property size:
    267,126 SF
    Added:
    Dec 7, 2021
    Days on Market:
    1641
    Last Refresh:
    May 12 at 10:02 pm

    Property Features for 801 Bethlehem Pike

    General Information

    Standard status
    Active
    Size
    267,126 SF
    Property subtype
    Retail

    Spaces For Lease

    at 801 Bethlehem Pike Contact us

    We can help!

    Listing Contact
    Gary Robinson

    Listing agent Gary Robinson License #ME

    Listing office Wilder

    Listing date Dec 7, 2021

    Source Crexi

    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 Wilder

    HighLights

    • High foot traffic: Over 4.1 million visits in 2024.
    • Located in an affluent area of Montgomery and Bucks Counties.
    • Strong tenant mix including Marshalls, Ulta Beauty, and Panera.
    • Excellent visibility with signalized entrances on Bethlehem Pike (15,500+ VPD) and Upper State Road (10,200+ VPD).
    • Located in a favored retail corridor.
    • Ample parking for customer convenience.

    Overview

    Airport Square is a 267,126-square-foot shopping center located in the northern suburbs of Philadelphia, catering to the populations of Montgomery and Bucks Counties. The property features a mix of tenants, including retailers such as Marshalls, Ulta Beauty, and Panera. Situated along the trade area’s retail corridor, Airport Square has signalized entrances on Bethlehem Pike, with a traffic volume of over 15,500 vehicles per day, and Upper State Road, with a traffic volume of over 10,200 vehicles per day. The location benefits from visibility, making it a destination for shoppers. The center experienced over 4.1 million visits in 2024. Visitors have an average frequency of 6 visits, staying 43 minutes or more. Ample parking is available.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Montgomeryville Plaza — 976 Bethlehem Pike, Montgomeryville, PA 18936
    • Montgomery Mall — 230 Montgomery Mall, North Wales, PA 19454
    • Valadia Collection — 230 Montgomery Mall, North Wales, PA 19454
    • Montgomery Square — 1201 Knapp Rd, North Wales, PA 19454
    • Hers & His Kids — Montgomery Mall, North Wales, PA 19454

    Location Insight

    • Map
    • Local Demand
    City
    Montgomeryville
    County
    State
    Pennsylvania
    Longitude
    -75.2413
    Latitude
    40.2226

    Nearby Similar for Lease

    • $650/Mo
      300 SF

      Private Office in Montgomeryville Business Center

      Private office for lease in a shared business center.
      593 BETHLEHEM Pike, MONTGOMERYVILLE, PA 18936
      View Details
    • Contact for pricing
      45,000 SF

      Prime Retail and Medical Space

      High-visibility retail/medical space in Montgomery County's premier retail corridor.
      668 Bethlehem Pike, Montgomeryville, PA 18936
      View Details
    • Contact for pricing

      Office Complex on Bethlehem Pike

      Office suites available for rent in Montgomeryville, PA.
      595 Bethlehem Pike, Montgomeryville, PA 19446
      View Details

    FAQs

    What type of property is this?
    Shopping center - Prime retail spaces available in a high-traffic shopping center.
    Where is this shopping center located?
    The property is located at 801 Bethlehem Pike Montgomeryville, PA.
    What are key features of this property?
    This property features: High foot traffic: Over 4.1 million visits in 2024.; Located in an affluent area of Montgomery and Bucks Counties.; Strong tenant mix including Marshalls, Ulta Beauty, and Panera.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Gary Robinson
    Real Estate License ID: ME
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    801 Bethlehem Pike, Montgomeryville, PA 19454
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!