Redevelopment Opportunity

 

About the Opportunity

The Property, 100 Neshaminy Boulevard, is a former Macy's department store on a 14-acre site located in Neshaminy Mall. Flexible zoning allows for multiple uses including mixed-use, retail, and office. The property is being offered for sale or for lease.

About Neshaminy Mall

Neshaminy Mall provides residents with access to over 90 retailers, restaurants and entertainment options. Located just minutes from downtown Philadelphia at one of the busiest intersections on the PA Turnpike (I-276), this retail property is easily accessible from Interstate 95 and PA Route 1, which sees a traffic count of 76,000 cars a day.

 
 

Highlights

Convenient Location

30 minutes to Center City Philadelphia - including universities, sports complex, and arts district; 35 minutes to Philadelphia International Airport; one hour to New Jersey beaches

Retail/Medical Potential

Hospitals nearby include: Holy Redeemer Health Care, Aria Jefferson Health, and Rothman Orthopaedic Hospital

Recreation & Amenities

Points of interest include: Parx Casino, Sesame Place, Tyler State Park, TD Bank Amphitheater, Core Creek Park, Brunswick Zone Bowling, Churchville Nature Center, The Brownsville Antique Center, and Neshaminy State Park

Dining & Retail

Surrounding stores and restaurants include: Longhorne Steakhouse, Uno Pizzeria & Grill, On the Border Mexican Grill, CVS, Target, Home Depot, AMC Neshaminy Movies, Boscovs, Ultrazone Laser Tag, LA Fitness, Haircuttery, Starbucks, Walmart, Red Robin, and Cracker Barrel

 

Ideal Location

Located in Bensalem Township (the largest municipality in Bucks County and the ninth largest in Pennsylvania), the property is served by two SEPTA regional rail lines and is readily accessible to I-95, the Pennsylvania Turnpike (I-276), and PA Route 1 - which sees a traffic count of 76,000 cars a day. The property also offers convenient access to commercial rail lines such as Amtrak's Keystone Service and Northeast Regional services along the Northeast Corridor.

Area Demographics - 5 Mile Radius*

Trade Area Demographics
257,884
population
19.3%
with bachelor's degree
42
median age
97,753
households
$296,353
average home value
$88,175
average household income
Employee Density (Daytime Population)
137,370
total employees
22.5%
Executive/Professional
20.2%
Blue Collar
62.3%
White Collar

*Source: Copyright 2017 Infogroup, Inc. All rights reserved. Esri Total Residential Population forecasts for 2017.

Contact

Todd Sussman
Senior Managing Director
Ten Penn Center
1801 Market Street, Suite 500
Philadelphia, PA 19103

colliers.com/philadelphia

About Colliers International

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The information contained within this webpage was furnished to us by sources that we deem to be reliable, but no warranty or representation is made to the accuracy thereof. © 2020 by Colliers International