2201 Galloway Rd Galloway Rd Bensalem, PA 19020
- Retail properties
- 53,000 SF
Current Use by Public Records
- Retail properties
Property Details for 2201 Galloway Rd Galloway Rd
- Year built
- 1989
- Property size
- 53,000 SF
- Property type
- Retail properties
Description
This exceptional 53,000 square foot retail center, located at 2201 Galloway Road in Bensalem, Pennsylvania, presents a compelling investment opportunity. Built in 1989 by the original developer, the property boasts a strong tenant roster featuring predominantly recession-resistant businesses with an impressive average occupancy tenure exceeding 20 years. The Shoppes at Celebrations sits on a 7.8-acre parcel and includes an expansive parking lot with 310 spaces, offering ample room for customers and employees. The property's General Commercial zoning provides significant redevelopment flexibility, allowing for a variety of uses including retail, hospitality, food service, and self-storage, all permitted by right. This presents a unique opportunity for an investor seeking a stable, high-performing asset with significant upside potential or an owner-user looking to establish a presence in a thriving Bensalem community. The property's size, location, and zoning make it an ideal candidate for expansion, renovation, or repositioning to meet evolving market demands. The substantial parking and excess land provide further advantages for future development or operational enhancements. The asking price for this well-maintained and strategically located retail center is $10,000,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bensalem
- County
- BUCKS
- State
- Pennsylvania
- Longitude
- -74.9381
- Latitude
- 40.1134
