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6912 New Falls Rd Levittown, PA 19057

Sponsored
For Sale
$4,840,000

High-yield NNN retail property

Property size:
15,157 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional investment opportunity presents a 15,157 square foot, single-story Rite Aid retail building situated on a 2.27-acre lot in Levittown, Pennsylvania. The property boasts a highly desirable location at a signalized five-way intersection, ensuring exceptional visibility and accessibility. Currently operating under a triple-net (NNN) lease with zero landlord responsibilities, the tenant, Rite Aid (NYSE: RAD), has a corporate guarantee and over nine years remaining on their lease, with eight five-year renewal options. Built in 2013, this free-standing building features a drive-thru and ample parking (4 spaces per 1,000 sq ft). The property enjoys a 100% occupancy rate, generating a strong net operating income (NOI) of $302,500 and a 6.25% cap rate. Located in a densely populated area with over 123,000 residents and average household incomes exceeding $90,000 within a three-mile radius, this investment offers significant potential for long-term growth and stability. The property is zoned C-Commercial and its address is 6912 New Falls Rd, Levittown, PA 19057. Easy access to major highways, including Routes 413, 13, 1, and I-95, further enhances its strategic value. The asking price is $4,840,000. This is a rare opportunity to acquire a high-performing, low-maintenance retail investment with a strong tenant and excellent location.

Property Features for 6912 New Falls Rd

General Information

Property type
Individual retail properties
Square Feet
15,157 SF
Lot Size
98,881 SF

Building Details

Year Built
2013
Stories
1

HighLights

  • $4,840,000 asking price for a 15,157 SF retail building.
  • NNN lease with zero landlord responsibilities.
  • 9+ years remaining on the lease, plus eight 5‑year renewal options.
  • Corporate guarantee from Rite Aid (NYSE: RAD).
  • High‑visibility location at a signalized 5‑way intersection in Levittown, PA.
  • Strong demographics: over 123,000 residents within 3 miles, average household income over $90,000.
Property Profile Location Intelligence

Current Use by Public Records

Rite Aid Drug Store Rite Aid Pharmacy Pharmacy CDReload - Online Bitcoin ... Crypto Atm David L. Sacavage, ... Pharmacy Dr. Tam B. ... Dentist

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Levittown
County
Bucks
State
Pennsylvania
Longitude
-74.8566483
Latitude
40.1527962

FAQs

What type of property is this?
Individual retail property - High-yield NNN retail property
Where is this individual retail property located?
The property is located at 6912 New Falls Rd Levittown, PA.
What is the asking price?
The asking price for this property is $4,840,000.
What are key features of this property?
This property features: $4,840,000 asking price for a 15,157 SF retail building.; NNN lease with zero landlord responsibilities.; 9+ years remaining on the lease, plus eight 5-year renewal options.
More about this property
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