Levittown Retail Building with
For Sale
$4,840,000
6912 New Falls Rd, Levittown, PA 19057
Single-tenant, net-leased Rite Aid investment property for sale.
Property Size15,157 SF
Price / SF$319.32
Days on Market262
Property Features for 6912 New Falls Rd
General Information
Standard status
Active
Size
15,157 SF
Property subtype
Retail
Building Details
Year Built
2013
Listing Agency:
SVN | Ahia
(267) 981-9110
Listed By:
Chichi E. Ahia, SIOR · License #PA #RM423727
(267) 981-9110
Source:
Svn
Added: Nov 21, 2025
Changed: Jul 6
Last Checked: Aug 10 at 4:05AM
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
Investment Insights
Based on property information with market context.
This single-story retail building, currently leased to Rite Aid, is located in Levittown (Bristol Township), Bucks County, Pennsylvania. The property includes a drive-thru and is situated on a 2.27-acre commercially zoned parcel adjacent to a signalized 5-points intersection. The building encompasses approximately 15,157 square feet. Rite Aid has been operating at this location since 2001 and completed capital improvements in 2013. The lease is an absolute NNN ground lease with no landlord responsibilities. The lease has over 9 years remaining on a 20-year term, with eight 5-year renewal options. The location is highly visible and accessible from New Falls Road and Bristol Emilie Road, with average daily traffic counts exceeding 31,000 vehicles. It is easily accessible from Woodbourne Road, Levittown Parkway, S. Oxford Valley Road, Rt. 413, Rt. 13, US-1, and I-95/I-295. The property is located less than two miles from Pennsbury High School and Bucks County Technical High School, proximate to densely populated residential and commercial neighborhoods. The surrounding area has a population exceeding 123,000 within a 3-mile radius and an average household income greater than $90,000.
Key Highlights
- Absolute NNN lease with zero landlord responsibilities.
- Tenant (Rite Aid) has 9+ years remaining on a 20‑year lease, with eight 5‑year renewal options.
- High‑traffic location** adjacent to a signalized 5‑way intersection with excellent visibility and accessibility; over 31,000 vehicles daily.
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
$235,656
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
4.87%
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%
$4,713,120
$4.7M
Cap Rate 7%
$3,366,514
$3.4M
Cap Rate 9%
$2,618,400
$2.6M
Market Conditions
NOI Build-Up for 15,157 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
$332.8K $21.96/SF
− Vacancy
−$18.6K −$1.23/SF
EGI
$314.2K $20.73/SF
− OpEx
−$78.6K −$5.18/SF
NOI
$235.7K $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 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%
$4,713,120
Cap Rate 7%
$3,366,514
Cap Rate 9%
$2,618,400
Alternative Uses
Best Use
Specialty Retail
$3.37M
$2.95M – $3.93M
NOI $235,656 @ 7.0% cap · market cap 4.87%
Second Best
Retail
$3.14M
$2.75M – $3.67M
NOI $219,946 @ 7.0% cap · market cap 4.54%
Theoretical Best
Office A
$4.60M
$4.02M – $5.36M
NOI $321,681 @ 7.0% cap · market cap 6.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
402
Businesses Nearby
48k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 84%
Dining 10%
Beauty & Spa 3%
Electronics 3%
Wawa
Shops & Services
34,086 visits/mo
0.2 miles
Shell
Shops & Services
6,578 visits/mo
0.4 miles
Philly Pretzel Factory
Dining
3,222 visits/mo
0.4 miles
Great Clips
Beauty & Spa
1,613 visits/mo
0.4 miles
Papa John's Pizza
Dining
1,518 visits/mo
0.3 miles
Demographics for 19057, PA
16,916
Population
6,452
Households
2.6
Avg Household Size
40
Median Age
26%
College-Educated
93%
High-School Grad
4.4 sq mi
ZIP Area
3,845
Density / Sq Mi
$95,089
Median Household Income
$48,682
Median Earnings
$1,518
Median Rent
$299,900
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Yorke Pharmacy — 5524 New Falls Rd, Levittown, PA 19056
- ACME Markets Pharmacy — 6800 New Falls Rd, Levittown, PA 19057
- Rite Aid Pharmacy — 6912 New Falls Rd, Levittown, PA 19057
- Digant Desai — 5524 New Falls Rd, Levittown, PA 190563102
- Light Me Up
Frequently Asked Questions
What type of property is this?
Drug store - Single-tenant, net-leased Rite Aid investment property for sale.
Where is this drug store 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: Absolute NNN lease with zero landlord responsibilities.; Tenant (Rite Aid) has 9+ years remaining on a 20‑year lease, with eight 5‑year renewal options.; High‑traffic location** adjacent to a signalized 5‑way intersection with excellent visibility and accessibility; over 31,000 vehicles daily.
