201901221311 Bristol Pike Marketing Flyerreduced.Pdf
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Table of Contents I. Executive Summary II. Location Overview III. Property Summary IV. Demographics and Transportation I. Executive Summary Executive Summary Based on Avison Young’s professional knowledge, observations, and experience in Philadelphia’s suburban markets; we believe this property provides an excellent opportunity for either a prospect to lease. Avison Young is offering this property for lease. This well located 4.76 acres of land is in Bucks County in the Lower Bucks County submarket. This single-story building is a total of 27,000 SF. The property is located in the PCD – Planned Commerce Park District and has 350 free Surface Spaces available. Bensalem/Andalusia is a dynamic and diverse community in the heart of Northeast Philadelphia, PA. Bensalem enjoys a prime position bordered by I-276 (PA Turnpike), I-95, Route 13, US Route 1, and Route 63. 1311 Bristol Pike is also surrounded by a multitude of amenities including restaurants, grocery stores, convenient stores, fitness boutiques, as well as Jefferson Torresdale Hospital. With tremendous access to the regions most heavily travelled roadways and walkable to the Cornwells Heights train station, which is on the Trenton Line, 1131 Bristol Pike presents a multitude of opportunities in a strong growth market. II. Location Overview Location Overview Access Borough of Bensalem Bucks County has an extensive highway network providing it with Bensalem is a township in Bucks County and is located northeast of convenient accessibility. These highways place Bucks County in close Philadelphia. Bensalem is bordered by Philadelphia to the west and south, proximity to many of the major northeast and southeast markets, including Bristol township to the east and northeast, Middletown township to the north, Philadelphia, New York, Baltimore, and Washington, DC. I-95, Route 13, and and Feasterville-Trevose to the northwest. The geographic location of Bensalem US Route 1 bisects the borough north/south and I-276 (PA Turnpike) and provides commuters easy access with I-95, the PA Turnpike, Route 1, and Septa Route 63 bisects east/west. as well as Conrail Commuter lines bringing 250,000 people through the community daily. • I-95 is a major highway connecting 1131 Bristol Pike to Philadelphia, New York, Baltimore, and Washington, DC. The township has a total area of 21 square miles, of which, 20 square miles is • Route 13 connects off of US Route 1, runs parallel to I-95 and serves land and 1 square mile is water. Home to over 61,000 residents, Bensalem more local access throughout Northeast Philadelphia. Route 13 also township is the ninth-largest municipality in Pennsylvania by population. gives access to I-95, and Route 63, before connecting back to US Landmarks and attractions such as Parx Casino and Racetrack, Penn Community Route 1. Bank Amphitheater, the Neshaminy Mall and Neshaminy State Park are all • US Route 1 connects Edison, NJ, through Philadelphia, to Baltimore. located within Bensalem Township. • I-276 (PA Turnpike) travels east/west to King Of Prussia from 1311 Bristol Pike and turns into I-76 which travels throughout PA to the west. • SEPTA/Amtrak - Trenton Line • Rail lines connect the borough with neighboring Eddington and Torresdale as well as a large portion of Philadelphia and the suburbs. • Air service is provided by the Philadelphia International Airport, 25 miles (29 minutes) west of Bensalem. • Overall access to the borough is considered excellent. Regional Access To: New York, NY 81 miles Trenton, NJ 20 miles Philadelphia, PA 15 miles Philadelphia Airport 27 miles King Of Prussia, PA 33 miles 1311 Bristol Pike Immediate Access Located 1 mile from Cornwells Heights Train Station (SEPTA Trenton Regional Rail Line) 1311 Bristol Pike Multitude of Local Amenities III. Property Summary Property Summary 1311 Bristol Pike Acres/buildings 4.76 PCD – Planned Commerce Park Bensalem Borough Zoning District RBA 27,000 SF Land SF 207,346 SF Parking 350 free surface spaces Construction Masonry • Perimeter door security with Notes keypad entry system. • Exterior-mounted cameras. • Includes sprinklers. • Includes customer waiting area, lunchroom, conference room, and more open areas. Parcels 1311 Bristol Pike sits on a 4.76-acre parcel of land equating 207,363 SF. Positioned at the interchange of Interstate 95 and Route 63, this site offers great visibility to passing vehicles as well as excellent access to Interstate 276, US 1 and Route 132. Site Plan Floor Plan IV. Demographics & Transportation Strategic Location Signalized Daily Traffic Volume Intersection +/- 22,000 from I-95 Strategic location Strong demographics Transportation High end retail market High traffic count Signage visibility from I-95 Demographics 3 Mile Radius 2018 106,012 Population Total Specified Consumer $1,020,377 Spending Vehicles 18,890 Per Day Households with 1,378 income over $200k 1 Mile 3 Miles 5 Miles Avg HH Income $64,934 $60,629 $58,572 Average Age 41.40 40.30 40.60 Pop Growth 0.14% (0.17%) 0.09% (2018-2023) Transportation Highway viaI-95, Route Trenton Line 78 Bus Line 13, Route 1, I-276 1311 Bristol Pike is located near the Cornwells Heights SEPTA Station, where riders can take the Trenton Line north to New Jersey, New York, Boston, or south to Torresdale, Holmesburg, Tacony, and more. King of Prussia Submarket Access This regional rail line passes through the Bensalem and Andalusia area. The nearby stops along these lines provide access from where commuters can take a bus, car, shuttle, bike or walk to their destinations. Patrick Kelley Principal Avison Young D 610.276.1082 C 215.901.1053 [email protected] Stephen Ellis Associate Avison Young D 610.557.0503 C 856.912.3902 [email protected] Thank you. avisonyoung.com ©2018 Avison Young Inc. All rights reserved..