Retail Space
321 West Trenton Avenue Morrisville, PA 19067
Details & Description
Price: $3,600,000
    • Approximately 8 years remaining on the original 20-year ground lease with 4 (5-year) options to extend, demonstrating their long-term commitment to the site• The ground lease features a 13% rental increase in July 2024, generating NOI and hedging against inflation• Offering includes entire parcel of 4.82 acres• Zoning allows for commercial land use, creating upside potential for future investor and potential development
    Listing Agents
    David Wirth

    O: 484-883-7537
    david.wirth@srsre.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    321 West Trenton Avenue

    Morrisville, PA 19067

    Listing ID: 254396
    • 321 West Trenton Avenue Morrisville, PA 19067 | for Sale | Photo 1
    • 321 West Trenton Avenue Morrisville, PA 19067 | for Sale | Photo 2
    • 321 West Trenton Avenue Morrisville, PA 19067 | for Sale | Photo 3
    321 West Trenton Avenue | for Sale | Thumbnail 1
    321 West Trenton Avenue | for Sale | Thumbnail 2
    321 West Trenton Avenue | for Sale | Thumbnail 3
    Building Size: 3,831 SF
    Lot Size: 4.820 AC
    Land Size: 209,959 SF
    Building $/SF: $939.70
    Land $/SF: $17.15
    Price
    $3,600,000
    Description

    • Approximately 8 years remaining on the original 20-year ground lease with 4 (5-year) options to extend, demonstrating their long-term commitment to the site

    • The ground lease features a 13% rental increase in July 2024, generating NOI and hedging against inflation

    • Offering includes entire parcel of 4.82 acres

    • Zoning allows for commercial land use, creating upside potential for future investor and potential development

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Philadelphia History of Retail Space for Sale

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    Morrisville Area Market Trends

    Listing Demographics for 321 West Trenton Avenue Morrisville, PA 19067

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population11,592118,880257,379
    Population Median Age403738
    Population by Age0-9 Yrs1201 (10%)16721 (14%)31872 (12%)
    10-19 Yrs1391 (11%)15891 (13%)34327 (13%)
    20-29 Yrs1367 (11%)15511 (13%)36168 (14%)
    30-39 Yrs1786 (15%)16786 (14%)34984 (13%)
    40-49 Yrs1635 (14%)15463 (13%)32637 (12%)
    50-59 Yrs1866 (16%)16615 (13%)36547 (14%)
    60-69 Yrs1321 (11%)12818 (10%)28585 (11%)
    70+ Yrs1023 (8%)9075 (7%)22259 (8%)
    Median HH Income$80,614$52,369$65,798
    Total Household Income< 24K566 (12%)12100 (28%)18798 (20%)
    25-49K766 (16%)8533 (20%)17205 (18%)
    50-74K839 (18%)6321 (14%)15390 (16%)
    75-99K536 (11%)4501 (10%)11735 (12%)
    100-199K1217 (26%)8003 (18%)21417 (23%)
    200K+659 (14%)3092 (7%)6986 (7%)
    Highest Education LevelNo Diploma3661453125121
    Diploma or GED19502440255744
    Some College15251496032082
    Assoc. Degree882437610760
    Bachelors Degree19841122328046
    Higher Degree1519855119842
    Total Housing Units4,96450,590103,372
    --Owner-Occupied2,96821,65254,837
    --Renter-Occupied1,61520,89936,694
    Owner-Occupied Values< 100K10654938562
    100-199K606512114201
    200-299K929430816365
    300-399K46025417030
    400-499K37418984060
    500K+49222914620
    Total Working Age Population9,32692,234206,196
    In Work Force6,84358,195134,273
    Not In Work Force2,48334,03971,923
    Workforce Employed6,46152,651124,149
    Workforce Unemployed3585,4989,964
    Civlian Workforce6,81958,149134,113
    Military Workforce2545160
    Total Households4,58342,55191,531
    Family Households3,10526,53159,973
    Non-Family Households1,47816,01931,559
    Married Couple2,23615,71539,265
    Other Family86910,81620,708
    Married w/Child9546,59515,428
    Single Male w/Child978861,903
    Single Female w/Child3174,9428,411

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    New Jersey8,414,350+48,791,894+49,132,700+49,530,900
    Burlington County423,394+6448,7340450,000+3464,900
    Mercer County350,761+4366,513+3379,000+5397,400
    Pennsylvania12,281,054+312,702,379+413,230,170+413,759,594
    Bucks County597,635+5625,249+1629,420+1637,730

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

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    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 321 West Trenton Avenue in Morrisville?
    The asking price for 321 West Trenton Avenue is $3,600,000
    What is the building size of this Retail property in Morrisville, PA?
    The size of the building/unit at 321 West Trenton Avenue in Morrisville is 3,831 square feet
    How much land does the Morrisville, PA property at 321 West Trenton Avenue include?
    321 West Trenton Avenue in Morrisville includes 4.820 acres of land
    What kind of Retail is the propery at 321 West Trenton Avenue?
    The property at 321 West Trenton Avenue Morrisville, PA 19067 is listed as a Food Service Retail property
    What is the population within 1 mile of 321 West Trenton Avenue in Morrisville?
    The population within 1 mile of 321 West Trenton Avenue Morrisville, PA 19067 is 11,592 people.
    Who do I contact for questions about 321 West Trenton Avenue?
    You should contact the listing agent, David Wirth, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Philadelphia International Airport (PHL) 33
    Newark Liberty International Airport (EWR) 47
    John F Kennedy International Airport (JFK) 61