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Centre Plaza

Centre Plaza

2197 Galloway Rd, Bensalem, PA 19020

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PROPERTY DETAILS

Price

$6,384,675

Cap Rate

7.85%

NOI

$501,197

Parking

+176 Spaces

Average HHI

$97,132

Square Feet

43,550

Property Overview

Equity Retail Brokers is pleased to present to qualified investors the opportunity to purchase Centre Plaza, a 43,550 SF shopping center with a tenant mix of both local and regional tenants. The Subject Property is situated at a signalized intersection along a highly trafficked roadway, with excellent visibility and access to the property from both Galloway Road and Route 513 (Hulmeville Road).

The tenant mix at Centre Plaza consists of service-oriented tenants that conveniently serve customers in the community and surrounding areas. National tenants in the center include LabCorp, Planned Parenthood, and Penn Community Bank. The Property is located just seconds from Bensalem High School, and other retailers in the market such as CVS Pharmacy, Wawa, PNC Bank, TD Bank, Brookwood Shopping Center and more!

Investment Highlights

  • Centre Plaza has been professionally managed for the past twenty years by Levin Management, as part of a 16 million SF portfolio
  • Strong Demographics – Situated within a residential hub
  • Access from both Galloway Road and Route 513

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