801 Bethlehem Pike North Wales, PA 19454
- Lifestyle centers
- 267,400 SF
Current Use by Public Records
- Geek Squad / Mobile Phone Repair Shop / Computer Repair Service
- Color Me Mine / Painting Studio
- Best Buy / Electronics Store / Music Store
- Hair Cuttery / Hair Salon
Property Details for 801 Bethlehem Pike
- Property size
- 267,400 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
Airport Square, a thriving 267,400-square-foot shopping center, presents a unique opportunity in Montgomery County's northern Philadelphia suburbs. This multi-tenant retail property boasts a highly desirable location along a major retail corridor, with excellent visibility from Bethlehem Pike (15,500+ vehicles per day) and Upper State Road (10,800+ vehicles per day). The center currently features a strong tenant mix including popular national brands such as Marshalls, Ulta Beauty, and Panera Bread, attracting over 3.5 million visitors in 2023. These loyal shoppers demonstrate high frequency, averaging six visits per year with an average dwell time exceeding 43 minutes. Recent data showcases significant growth, with Marshalls experiencing a 15% increase in visits, Ulta Beauty a 12% increase, and Panera Bread a 9% increase in 2023. Currently, 2,452 square feet of retail space is available, offering an exceptional chance to join this successful shopping destination. Ample parking ensures convenient access for shoppers, contributing to the center's overall appeal and success. This property provides a compelling investment opportunity within a densely populated and affluent area, benefiting from high traffic counts and strong tenant performance.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- North Wales
- County
- Montgomery
- State
- Pennsylvania
- Longitude
- -75.2385
- Latitude
- 40.2376
