Full Retail Real Estate Listing for Sale in Langhorne, Pennsylvania
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| Name: | Richard Wilkinson |
| Company: | Wilkinson Development Corp. |
| Email: | Click Here to Email |
| Phone: | Please log in to view. |
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| CIMLS #: | 94694 |
| Price: | $2,323,200 |
| Building Size: | 6,616 Sq. Ft. |
| Lot Size: | 1.93 acres |
| Type: | Retail |
| Address: | 1440 E. Lincoln Highway Langhorne, PA 19047 |
| County: | Bucks |
| Documents: | None Attached |
| Last Updated: | 1/3/2012 |
Property Description
This prototype is the largest restaurant constructed by Ruby Tuesday. The restaurant in in the immediate vicinity of approximately Three Million square feet of retail in front of a high volume Lowe's Home Center and contiguous to one of the largest single location auto dealers in the nation (Reedman Toll) with 14 different product lines. This retail area serves the upper income Bucks County PA.
Financial Summary
Primary term of lease expires January 31, 2024. Current Rent $132,000 per annum triple net. Rent will increase in 5 years by 10% over previous period and each 5 years therafter. Tenant has four 5 year options.
Financial Summary
Primary term of lease expires January 31, 2024. Current Rent $132,000 per annum triple net. Rent will increase in 5 years by 10% over previous period and each 5 years therafter. Tenant has four 5 year options.
Property Location