241 Butler Ave & Skyline DrChalfont, PA 18914

For Sale
Call for price

Prime Bucks County Retail Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional 46,051-square-foot shopping center in Chalfont, Pennsylvania, presents a unique owner-user investment opportunity. Located at the signalized intersection of West Butler Avenue and Skyline Drive, this 7.31-acre property boasts high visibility and convenient access to Route 309. Currently 13.55% occupied, the center offers flexible space ranging from 21,000 to 34,000 square feet, ideal for owner-operators seeking to offset costs through leasing the remaining space. A vacant outparcel, previously a bank, provides additional income potential through lease or sale, further reducing the cost basis. The property benefits from a strong location within the Philadelphia MSA, a 5-mile population of 127,348, and an affluent average household income exceeding $152,070. Nearby national retailers include Giant, Walmart, and Home Depot. Built in 1989, the center features a mix of local and regional tenants, with a highly visible former grocery store and additional inline space available for lease. The C-1 zoning allows for a variety of retail uses. This property offers a compelling combination of immediate occupancy and long-term growth potential in a thriving market. The property's strategic location and flexible space options make it an attractive investment for both owner-operators and investors seeking a strong return.

Highlights

  • 46,051 SF shopping center offering flexible owner-user space (21,000-34,000 SF) with lease-up potential to reduce operating costs.
  • Includes a vacant bank outparcel for lease or sale, further reducing the cost basis.
  • Strong national retailer co-tenancy including Giant, Walmart, and Home Depot within 3 miles.
  • High-visibility location at the signalized intersection of West Butler Ave and Skyline Drive, with easy access to Route 309.
  • Affluent trade area with average household incomes exceeding $152,070 within a 5-mile radius.

Location Insight

City
Chalfont
County
Bucks
State
Pennsylvania
Latitude
40.279759
Longitude
-75.2157032
241 Butler Ave & Skyline Dr, Chalfont, Pennsylvania

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241 Butler Ave & Skyline Dr
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