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.
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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
Colliers International is a leader in global real estate services, defined by our spirit of enterprise. Through a culture of service excellence and a shared sense of initiative, we integrate the resources of real estate specialists worldwide to accelerate the success of our partners - for clients, professionals and communities.