5400-5400 Bristol Emilie Rd, Levittown, PA 19057

$3,000,000
List Price
$3,000,000
Status
ACTIVE
Listing Area
Bristol Twp (10105)
School District
Bristol Township
Total Taxes
$10243
Acres
2.90
Days on Market
53
MLS#
PABU2040654

Property Description

Prime location in Lower Bucks County, featuring 2.9 acres +/-, Income producing Quadplex on site (all occupied). Ideal for logistic user/owners and Industrial investors/developers with only 3% vacancy rate and industrial rents averaging around 8.7% growth rate. Major thoroughfare like I95, New Jersey Turnpike, and Pennsylvania Turnpike providing access into major cities like Philadelphia and New York City. Only 7million SF of logistic space has been built since 2000, less than 200,000 SF is currently listed as available. The rest is spoken for via large tenants such as Home Depot, Estee Lauder, David's Bridal, Amazon, and third party logistic firms. Because of the dense pollution and access to thoroughfares Lower Bucks County is the preferred location comparative to Upper Bucks County for many consumers and investors in this space. Additionally, the slow decay of manufacturing in Bensalem, Bristol, and Fairless Hills provide a sizable labor market to staff logistics facilities fueling demand for parking & development for logistics.

Additional Information

Heating
Other
Heating Fuel
Other
Cooling
Central A/C

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of RE/MAX 2000. Contact: (215) 698-2000

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