930 Stony Hill Road Yardley, PA 19067

Building Details

Year Built

2023

Listing Agency JLL - New York City, New York

Listed by Alex Geanakos · License #IL: #475.189621

Source Crexi

Added: May 15 Checked: Jul 17 at 11:31 am

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Investment Insights

Based on property information with market context.

The property offered for sale is anchored by Wegmans Food Markets, Inc. and is located at 930 Stony Hill Rd, Yardley, PA. Wegmans is the anchor tenant of Prickett Preserve, a 146,679 square foot shopping center. Wegmans accounts for 38% of the Property’s gross income. Delivered in 2023-2024, Wegmans at Prickett Preserve provides investors the opportunity to acquire a high performing grocery anchor in one of the most affluent submarkets within the Philadelphia MSA. The property is located at the interchange of I-295 and Route 332 in Lower Makefield Township with a population of +144,900 and an average household income of $166,500 within a 5-mile radius. Wegmans has 20.5 years of lease term remaining as well as ten (10), 5-year options. The shopping center is located in an ideal suburban infill location at the interchange of I-295 (+100,000 VPD) and Route 332 (+25,000 VPD) in Lower Makefield Township. The property size is 90,427 square feet.

Key Highlights

• Long‑term lease: Wegmans has 20.5 years remaining, plus ten (10), 5‑year options.
• High‑performing Wegmans: Low 2.2% health ratio indicates strong sales.
• Anchor tenant: Wegmans anchors Prickett Preserve, a 146,679 square foot shopping center.

Property Analytics

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FAQs

What type of property is this?

Grocery and convenience store - High-performing shopping center anchored by Wegmans in Yardley, PA.

Where is this grocery and convenience store located?

The property is located at 930 Stony Hill Road Yardley, PA.

What are key features of this property?

This property features: Long‑term lease: Wegmans has 20.5 years remaining, plus ten (10), 5‑year options.; High‑performing Wegmans: Low 2.2% health ratio indicates strong sales.; Anchor tenant: Wegmans anchors Prickett Preserve, a 146,679 square foot shopping center.