Contacts

SRS Real Estate Partners
Property Details
- Property Type Retail
- Property Size 1,647 SF
- Lot Size 0.53 Acre
- Cap Rate % 5.5
- Date Updated May 8, 2025
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Shell Gas & Food Mart (Global)
- The tenant, Global Partners LP, has 10+ years remaining on their lease with 3 (5-year) options to extend
- The lease is corporate guaranteed by Global Partners LP, an American energy supply company with more than 1,600 gas stations across the Northeast
- Global Partners LP is a publicly traded company (NYSE: GLP) with an S&P credit rating of B+
- The lease features 1.50% annual rental increases throughout the initial term and options to extend, increasing NOI and hedging against inflation
- Tenant pays for CAM, taxes, insurance, and maintains all aspects of the premises
- Investor benefits from fee simple ownership of the building and land, allowing for the potential benefits of bonus depreciation
- No landlord responsibilities
- The subject property is strategically located at the signalized, hard-corner intersection of New Falls Rd. and Woodbourne Rd., averaging a combined 48,700 vehicles passing by daily
- The site benefits from excellent visibility via significant street frontage and several large pylon signs
Reach out to the broker for more info on lease terms and amenities
Getting around
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Walk Score ®
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Bike Score ®
Location
- City Levittown, PA
- Neighborhood Quincy Hollow
- Zip Code 19057
- Market Philadelphia
Points of Interest
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Croydon
4.96 miles
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Yardley
5.76 miles
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Forest Hills
8.89 miles
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Wawa
0.57 miles
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Exon Gas Station
1.30 miles
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Sunoco
1.70 miles
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BP
2.01 miles
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Pioneer
2.02 miles
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Volta
2.10 miles
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ChargePoint
2.13 miles
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Giant
2.25 miles
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Shell
2.28 miles
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Blink
2.48 miles
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D&L Trail Parking
5.57 miles
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Theater Lot
5.98 miles
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Afton Limousine Service
6.22 miles
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Trucks
6.81 miles
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Autos
6.81 miles
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Rolling Hills Elementary School Parking Lot
7.00 miles
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Private
8.10 miles
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Equestrian Trail Parking
8.30 miles
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Arby's
1.10 miles
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McDonald's
1.24 miles
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Wendy's
1.26 miles
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Curly's
1.28 miles
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Dunkin' Donuts
1.46 miles
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Garden of Eatin
1.51 miles
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Giovanni's Pizzeria
1.58 miles
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Burger King
1.67 miles
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Sports Pizza By Kio
1.75 miles
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IHOP
1.92 miles
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Acme
0.16 miles
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ALDI
1.03 miles
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Walgreens
1.14 miles
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ShopRite
1.15 miles
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H Mart
1.29 miles
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Giant
1.34 miles
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Target
1.91 miles
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Burlington
1.93 miles
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Aldi
1.95 miles
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Walmart Supercenter
1.97 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

SRS Real Estate Partners