Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    466 Second Street Pike Southampton, PA 18966

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail spaces for lease in a busy shopping center.

    Type:Retail
    Added:
    Jun 30, 2022
    Days on Market:
    1387
    Last Refresh:
    Mar 17 at 1:18 pm

    Property Features for 466 Second Street Pike

    General Information

    Standard status
    Active
    Property subtype
    Retail

    Building Details

    Year Built
    1965

    Spaces For Lease

    at 466 Second Street Pike Contact us

    We can help!

    Listing Contact
    Chris Gardyasz

    Listing agent Chris Gardyasz License #NY

    Listing office ShopOne Centers

    Listing date Jun 30, 2022

    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 ShopOne Centers

    Overview

    Southampton Shopping Center Retail Space

    The Southampton shopping center is situated approximately 4 miles north of Philadelphia's city limits, at the intersection of Knowles Avenue and Second Street Pike in Bucks County. The plaza is anchored by Giant Food, a market-dominant grocer in the Philadelphia metropolitan statistical area. Other major tenants include Five Below, Pet Supplies Plus, Fine Wines and Spirits, Citizen's Bank, MyEyeDr., ATI Physical Therapy, and Massage Envy. The property features eight points of ingress and egress, including a signaled intersection on Second Street Pike.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    GIANT Grocery & Convenience Store Earthstar Bank Bank Giant Gasoline Gas Station Abra’s Grill Restaurant Western Union Bank

    Suggested Use

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

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

    Similar Places Nearby

    • HAMPTON SQUARE — Second Street Pike, Southampton, PA 18966
    • Malinalli Plaza — 538 Street Rd, Southampton, PA 18966
    • Southampton Shopping Center — Second Street Pike, Southampton, PA 18966
    • Coinstar Kiosk | Bitcoin ATM — Giant Carlisle, 464 Second Street Pike, Southampton, PA 18966

    Location Insight

    • Map
    • Local Demand
    City
    Southampton
    County
    Bucks
    State
    Pennsylvania
    Longitude
    -75.044872
    Latitude
    40.170939

    Nearby Similar for Lease

    • Contact for pricing

      Southampton Office Space For Lease

      Second floor office space available in Southampton, PA.
      541 STREET Road, SOUTHAMPTON, PA 18966
      View Details
    • Contact for pricing

      Southampton Office Space For Rent

      Second floor office space available in Southampton, PA.
      758 2ND STREET Pike, SOUTHAMPTON, PA 18966
      View Details
    • Contact for pricing

      High-Visibility Office Suite Available

      Office suite in the heart of the local business community.
      44 2ND STREET Pike, SOUTHAMPTON, PA 18966
      View Details
    • Contact for pricing

      Commercial Space on Bustling Street

      Versatile commercial building suitable for medical, dental, or professional services.
      735 STREET Road, SOUTHAMPTON, PA 18966
      View Details
    • Contact for pricing

      Southampton Office Suite For Lease

      Commercial office suite with three offices, reception area, and restroom.
      80 2ND STREET Pike, SOUTHAMPTON, PA 18966
      View Details
    • Contact for pricing

      SOUTHAMPTON Office Suite For Lease

      High-visibility office suite with ample parking and natural light.
      44 2ND STREET Pike, SOUTHAMPTON, PA 18966
      View Details
    • Contact for pricing

      Move-in Ready Office Space

      Recently renovated office space with kitchen and bathroom.
      Willow -706 Street Rd, SOUTHAMPTON, PA 18966
      View Details
    • Contact for pricing

      Southampton Office Space For Rent

      Second floor office space with private offices and bath.
      541 Street Rd, SOUTHAMPTON, PA 18966
      View Details
    • Contact for pricing

      Remodeled Office Suite in Southampton

      Turnkey 1,100 sq ft office suite with utilities included.
      1310 Industrial Blvd #suite 204, SOUTHAMPTON, PA 18966
      View Details
    • Contact for pricing

      Southampton Office Suite For Rent

      Commercial office suite with three rooms and collaborative work area.
      80 2nd Street Pike #1, SOUTHAMPTON, PA 18966
      View Details
    • Contact for pricing

      Southampton Warehouse and Industrial Space

      20,000 SF industrial building for lease in Southampton, PA.
      1065 Industrial Boulevard, Southampton, PA 18966
      View Details
    • Contact for pricing

      High Visibility Office Suite

      Strategically located office space with ample parking and natural light.
      44 2nd Street Pike #200, SOUTHAMPTON, PA 18966
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail spaces for lease in a busy shopping center.
    Where is this shopping center located?
    The property is located at 466 Second Street Pike Southampton, PA.
    What are key features of this property?
    This property features: Anchored by Giant Food, the market‑dominant grocer.; Located at the intersection of Knowles Avenue and Second Street Pike in Bucks County.; Features eight ingress/egress points, including a signaled intersection.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Chris Gardyasz
    Real Estate License ID: NY
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!