Shopping Neighborhood

Shoppes at Makefield

Makefield Rd, Yardley, PA 19067

Listing Price: $3,200,000

Cap Rate
7.08%
Gross SF
18,896
Rentable SF
18,896
Price/Gross SF
$169.35
Lot Size
3.49 acres
Year Built
1960

Investment Overview

Marcus & Millichap, on behalf of ownership is pleased to exclusively offer the fee simple interest in The Shoppes at Makefield; a 19,400 square foot, first generation, service-oriented neighborhood center located in Yardley, Pennsylvania situated upon a large, 3.5 acres of land. The center has been catering to the surrounding communities since the 1960’s & is presently 91% occupied by local tenants. The subject property was built in 1960 and has received continuous Capital Improvements from Ownership. The Shoppes at Makefield provides investors the opportunity to acquire a stabilized shopping center in a growing submarket.

Investment Highlights

  • OPPORTUNITY TO OWN A FIRST-GENERATION SALE, 19,400 SQUARE FOOT NEIGHBORHOOD CENTER IN YARDLEY, PA
  • SERVICE-ORIENTED SHOPPING CENTER CATERING TO THE AREA SINCE THE 1960'S – 91% OCCUPANCY
  • SUPERIOR REAL ESTATE FUNDAMENTALS – LOCATED ALONG MAKEFIELD ROAD, A PRIMARY COMMUTER CORRIDOR
  • HEALTHY DEMOGRAPHICS & SUSTAINABLE GROWTH
  • IRREPLACEABLE POSITIONING WITH IMMEDIATE ACCESS TO RETAIL CENTERS, SCHOOLS, APARTMENT COMPLEXES, & ENTERTAINMENT
  • PROXIMITY TO PHILADELPHIA & PROXIMITY TO MAJOR HIGHWAY SYSTEMS

Exclusively Listed By

Shopping Neighborhood

Shoppes at Makefield

Listing Price: $3,200,000

Cap Rate
7.08%
Gross SF
18,896
Rentable SF
18,896
Price/Gross SF
$169.35
Lot Size
3.49 acres
Year Built
1960

Investment Highlights

  • OPPORTUNITY TO OWN A FIRST-GENERATION SALE, 19,400 SQUARE FOOT NEIGHBORHOOD CENTER IN YARDLEY, PA
  • SERVICE-ORIENTED SHOPPING CENTER CATERING TO THE AREA SINCE THE 1960'S – 91% OCCUPANCY
  • SUPERIOR REAL ESTATE FUNDAMENTALS – LOCATED ALONG MAKEFIELD ROAD, A PRIMARY COMMUTER CORRIDOR
  • HEALTHY DEMOGRAPHICS & SUSTAINABLE GROWTH
  • IRREPLACEABLE POSITIONING WITH IMMEDIATE ACCESS TO RETAIL CENTERS, SCHOOLS, APARTMENT COMPLEXES, & ENTERTAINMENT
  • PROXIMITY TO PHILADELPHIA & PROXIMITY TO MAJOR HIGHWAY SYSTEMS

Investment Overview

Marcus & Millichap, on behalf of ownership is pleased to exclusively offer the fee simple interest in The Shoppes at Makefield; a 19,400 square foot, first generation, service-oriented neighborhood center located in Yardley, Pennsylvania situated upon a large, 3.5 acres of land. The center has been catering to the surrounding communities since the 1960’s & is presently 91% occupied by local tenants. The subject property was built in 1960 and has received continuous Capital Improvements from Ownership. The Shoppes at Makefield provides investors the opportunity to acquire a stabilized shopping center in a growing submarket.

Exclusively Listed By

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