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PROPERPROPERTTY HIGHLIGHTSY HIGHLIGHTS
Executive Director/ Principal215.757.2500 [email protected] #RS290147
CHICHI E. AHIACHICHI E. AHIA Modern Turnkey Banking Facility
Centrally Located Freestanding Building
3,000 SF ± Modern Concept Branch
7,000 SF + Newly Renovated Professional Office
Modern Executive Offices and Training/Board Room
Renovated Employee Break Room
Dedicated Call Center
Drive-Up Teller Lane and ATM
Well Situated - Local Mix of Residential, Medical, Office, and Retail
New Commercial Development and Revitalization Locally
Close proximity to I-95, Rt. 13 and Public Transportation
60 Parking Spaces 5.7:1000 Ratio
Dedicated Monument Signage
Investment & Redevelopment Opportunities
PRESENTED BPRESENTED BYY::
The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for itscorrectness.
All SVN® Offices Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
FOR SALE | OFFICE
MODERN BANKING FACILITY AND CORPORATE OFFICES
2104 Bath Road | Bristol Twp., PA 19007
MODERN BANKING FACILITY AND CORPORATE OFFICES | 10,524 SF | BRISTOL TWP., PA
DISCLAIMER
All SVN® Offices Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
The material contained in this Offering Brochure is furnished solely for the purpose of considering the purchase of theproperty within and is not to be used for any other purpose. This information should not, under any circumstances, bephotocopied or disclosed to any third party without the written consent of the SVN® Advisor or Property Owner, or usedfor any purpose whatsoever other than to evaluate the possible purchase of the Property.
The only party authorized to represent the Owner in connection with the sale of the Property is the SVN Advisor listed inthis proposal, and no other person is authorized by the Owner to provide any information or to make anyrepresentations other than contained in this Offering Brochure. If the person receiving these materials does not chooseto pursue a purchase of the Property, this Offering Brochure must be returned to the SVN Advisor.
Neither the SVN Advisor nor the Owner make any representation or warranty, express or implied, as to the accuracy orcompleteness of the information contained herein, and nothing contained herein is or shall be relied upon as a promiseor representation as to the future representation of the Property. This Offering Brochure may include certain statementsand estimates with respect to the Property. These Assumptions may or may not be proven to be correct, and there canbe no assurance that such estimates will be achieved. Further, the SVN Advisor and the Owner disclaim any and allliability for representations or warranties, expressed or implied, contained in or omitted from this Offering Brochure, orany other written or oral communication transmitted or made available to the recipient. The recipient shall be entitled torely solely on those representations and warranties that may be made to it in any final, fully executed and delivered RealEstate Purchase Agreement between it and Owner.
The information contained herein is subject to change without notice and the recipient of these materials shall not lookto Owner or the SVN Advisor nor any of their officers, employees, representatives, independent contractors or affiliates,for the accuracy or completeness thereof. Recipients of this Offering Brochure are advised and encouraged to conducttheir own comprehensive review and analysis of the Property.
This Offering Brochure is a solicitation of interest only and is not an offer to sell the Property. The Owner expresslyreserves the right, at its sole discretion, to reject any or all expressions of interest to purchase the Property andexpressly reserves the right, at its sole discretion, to terminate negotiations with any entity, for any reason, at any timewith or without notice. The Owner shall have no legal commitment or obligation to any entity reviewing the OfferingBrochure or making an offer to purchase the Property unless and until the Owner executes and delivers a signed RealEstate Purchase Agreement on terms acceptable to Owner, in Owner’s sole discretion. By submitting an offer, aprospective purchaser will be deemed to have acknowledged the foregoing and agreed to release the Owner and theSVN Advisor from any liability with respect thereto.
To the extent Owner or any agent of Owner corresponds with any prospective purchaser, any prospective purchasershould not rely on any such correspondence or statements as binding Owner. Only a fully executed Real Estate PurchaseAgreement shall bind the property and each prospective purchaser proceeds at its own risk.
MODERN BANKING FACILITY AND CORPORATE OFFICES | 10,524 SF | BRISTOL TWP., PA
TABLE OF CONTENTS
All SVN® Offices Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
1. 4PROPERTY INFORMATIONExecutive Summary 5
Complete Highlights 6
Floor Plans 7
Property Overview 8
2. 9LOCATION INFORMATIONLocation Maps 10
3. 11DEMOGRAPHICSDemographics Report 12
Demographics Map 13
Rent Comps Summary 14
Rent Comps Map 15
4. 16ADDITIONAL INFORMATIONAdditional Photos 17
County Information - Bucks 18
Neighborhood nformation - Bristol Borough 19
1 PROPERTY INFORMATION
All SVN® Offices Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
SSALE OALE OVERVERVIEWVIEW PROPERPROPERTTY DESCRIPTIONY DESCRIPTION
Turnkey Modern Financial Institution with Corporate Offices Situation of 1.71Acres. Excellent opportunity to purchase a class "A" professional stand-alonebuilding. The facility has been renovated and is state-of-the-art. Presentallocation includes a fully renovated, modern concept branch, executive andadministrative offices, training/board room, conference areas, staff cubicles,fully renovated call center, copy room, meeting rooms, client hospitalitystation, renovated employee break rooms and more.
SALE PRICE: Price Withheld
CAP RATE: 8.0%
LOT SIZE: 1.71 Acres
BUILDING SIZE: 10,524 SF
BUILDING CLASS: B
YEAR BUILT: 1950
RENOVATED: 2015
ZONING: R1 (Pending Change)
MARKET: Philadelphia
SUB MARKET: Lower Bucks County
CROSS STREETS: Bristol-Oxford ValleyRoad
MODERN BANKING FACILITY AND CORPORATE OFFICES | 10,524 SF | BRISTOL TWP., PA
SECTION 1 | PROPERTY INFORMATION
Executive Summary
5All SVN® Offices Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
6All SVN® Offices Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
PROPERPROPERTTY HIGHLIGHTSY HIGHLIGHTS
• Modern Turnkey Banking Facility
• Centrally Located Freestanding Building
• 3,000 SF ± Modern Concept Branch
• 7,000 SF + Newly Renovated Professional Office
• Modern Executive Offices and Training/Board Room
• Renovated Employee Break Room
• Dedicated Call Center
• Drive-Up Teller Lane and ATM
• Well Situated - Local Mix of Residential, Medical, Office, andRetail
• New Commercial Development and Revitalization Locally
• Close proximity to I-95, Rt. 13 and Public Transportation
• 60 Parking Spaces 5.7:1000 Ratio
• Dedicated Monument Signage
• Investment & Redevelopment Opportunities
MODERN BANKING FACILITY AND CORPORATE OFFICES | 10,524 SF | BRISTOL TWP., PA
SECTION 1 | PROPERTY INFORMATION
Complete Highlights
7All SVN® Offices Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
MODERN BANKING FACILITY AND CORPORATE OFFICES | 10,524 SF | BRISTOL TWP., PA
SECTION 1 | PROPERTY INFORMATION
Floor Plans
MODERN BANKING FACILITY AND CORPORATE OFFICES | 10,524 SF | BRISTOL TWP., PA
SECTION 1 | PROPERTY INFORMATION
Property Overview
Physical Description
Property Name: Modern Freestanding Bank BuildingType of Ownership: Fee Simple
Property Type: OfficeAPN: 05-029-092
Lot Size: 1.71 ACBuilding Size: 10,524 SFRentable SF: 10,524 SF
Building Class: BZoning: R1 (pending change)
Parking Spaces: 60Parking Ratio: 5.7
Building Frontage:Cross Streets: Bristol-Oxford Valley Road
Construction
Year Built: 1950Construction Type: ExistingNumber of Stories: 1Average Floor Size: 10,524 SF
Foundation: SlabParking Type: Surface
Number of Units:
Roof: Multidimensional, Shingled
Interior Finish
Walls: Drywall
Ceilings: Drop Ceilings
Floor Coverings: Carpet Tile, Carpet, Tile, Linoleum
Restrooms: 4
Corridors:
8All SVN® Offices Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
2 LOCATION INFORMATION
All SVN® Offices Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
10All SVN® Offices Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
MODERN BANKING FACILITY AND CORPORATE OFFICES | 10,524 SF | BRISTOL TWP., PA
SECTION 2 | LOCATION INFORMATION
Location Maps
3 DEMOGRAPHICS
All SVN® Offices Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
12All SVN® Offices Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
* Demographic data derived from 2010 US Census
1 MILE1 MILE 3 MILES3 MILES 5 MILES5 MILES
TTootal householdstal households 2,996 35,543 85,779
TTootal pertal persons per hhsons per hh 2.7 2.7 2.7
AAvvererage hh incage hh incomeome $63,444 $65,015 $70,567
AAvvererage house vage house valuealue $234,492 $255,272 $268,599
1 MILE1 MILE 3 MILES3 MILES 5 MILES5 MILES
TTootal populatal populationtion 8,135 94,319 232,194
MMediaedian agen age 39.9 39.2 39.0
MMediaedian age (n age (malemale)) 39.1 38.4 37.7
MMediaedian age (n age (ffemaleemale)) 40.9 39.7 40.1
MODERN BANKING FACILITY AND CORPORATE OFFICES | 10,524 SF | BRISTOL TWP., PA
SECTION 3 | DEMOGRAPHICS
Demographics Report
13All SVN® Offices Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
* Demographic data derived from 2010 US Census
POPULAPOPULATIONTION 1 MILE1 MILE 3 MILES3 MILES 5 MILES5 MILES
TOTAL POPULATION 8,135 94,319 232,194
MEDIAN AGE 39.9 39.2 39.0
MEDIAN AGE (MALE) 39.1 38.4 37.7
MEDIAN AGE (FEMALE) 40.9 39.7 40.1
HOUSEHOLDS & INCHOUSEHOLDS & INCOMEOME 1 MILE1 MILE 3 MILES3 MILES 5 MILES5 MILES
TOTAL HOUSEHOLDS 2,996 35,543 85,779
# OF PERSONS PER HH 2.7 2.7 2.7
AVERAGE HH INCOME $63,444 $65,015 $70,567
AVERAGE HOUSE VALUE $234,492 $255,272 $268,599
MODERN BANKING FACILITY AND CORPORATE OFFICES | 10,524 SF | BRISTOL TWP., PA
SECTION 3 | DEMOGRAPHICS
Demographics Map
14All SVN® Offices Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
SUBJESUBJECT PROPERCT PROPERTTYY PRICE/SFPRICE/SF/YEAR/YEAR AAVVAILABLE SFAILABLE SF BLDG SFBLDG SF # OF UNITS# OF UNITS OCOCCUPCUPANCANCY %Y %
MModern Fodern Frreeseestatanding Banding Bank Buildingnk Building2104 Bath RoadBristol Twp., PA 19007
Negotiable 10,524 SF 10,524 SF - 100.0%
RENT CRENT COMPSOMPS PRICE/SFPRICE/SF/YEAR/YEAR AAVVAILABLE SFAILABLE SF BLDG SFBLDG SF # OF UNITS# OF UNITS OCOCCUPCUPANCANCY %Y %
PRICE/SFPRICE/SF/YEAR/YEAR AAVVAILABLE SFAILABLE SF BLDG SFBLDG SF # OF UNITS# OF UNITS OCOCCUPCUPANCANCY %Y %
TTOOTTALS/AALS/AVERAVERAGESGES - - - - -
MODERN BANKING FACILITY AND CORPORATE OFFICES | 10,524 SF | BRISTOL TWP., PA
SECTION 3 | DEMOGRAPHICS
Rent Comps Summary
15All SVN® Offices Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
2104 Bath Road | Bristol Twp., PA 19007SUBJESUBJECT PROPERCT PROPERTTYY
MODERN BANKING FACILITY AND CORPORATE OFFICES | 10,524 SF | BRISTOL TWP., PA
SECTION 3 | DEMOGRAPHICS
Rent Comps Map
4 ADDITIONAL INFORMATION
All SVN® Offices Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
17All SVN® Offices Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
MODERN BANKING FACILITY AND CORPORATE OFFICES | 10,524 SF | BRISTOL TWP., PA
SECTION 4 | ADDITIONAL INFORMATION
Additional Photos
Bucks County
MODERN BANKING FACILITY AND CORPORATE OFFICES | 10,524 SF | BRISTOL TWP., PA
SECTION 4 | ADDITIONAL INFORMATION
County Information - Bucks
18All SVN® Offices Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
Economic & Business ClimateThe boroughs of Bristol and Morrisville were prominent
industrial centers along the Northeast Corridor during World
War II. Suburban development accelerated in Lower Bucks in
the 1950s with the opening of Levittown, Pennsylvania, the
second such "Levittown" designed by William Levitt.Among
Bucks' largest employers in the twentieth century were U.S.
Steel in Falls Township, and the Vulcanized Rubber & Plastics
and Robertson Tile companies in Morrisville. Rohm and
Haas continues to operate several chemical plants around
Bristol. Waste Management operates a landfill in Tullytown that
is the largest receptacle of out-of-state waste in the USA
(receiving much of New York City's waste following the closure
of Fresh Kills landfill in Staten Island, NY 40 miles (64 km)
away).[citation needed]Bucks is also experiencing rapid growth
in biotechnology, along with neighboring Montgomery County.
The Greater Philadelphia area has become the second largest
area of biotechnology in the United States, only behind Boston.
It recently pushed San Francisco and Washington, D.C. to lower
rankings. It is projected by 2020 that one out of four people in
Bucks County will work in biotechnology.
Bucks County is a county located in the Commonwealth of Pennsylvania. As
of the 2010 census, the population was 625,249, making it the fourth-most
populous county in Pennsylvania and the 98th-most populous county in the
United States. The county seat is Doylestown. The county is named after
the English county of Buckinghamshire.Bucks County is included in
the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Metropolitan Statistical
Area, more commonly known as the Delaware Valley. It is located
immediately northeast of Philadelphia and forms part of the southern tip of
the eastern state border.
Bucks County is one of the three original counties created by colonial
proprietor William Penn in 1682. Penn named the county
after Buckinghamshire, the county where he lived in England. Penn built a
country estate calledPennsbury Manor in Falls Township, Bucks
County.Some places in Bucks County were named after locations in
Buckinghamshire, including Buckingham Township, named after the county
town of Buckinghamshire; Chalfont, named after Chalfont St Giles, the
parish home of William Penn's first wife and the location of the Jordans
Quaker Meeting House, where Penn is buried; Solebury Township, named
after Soulbury, England; and Wycombe, named after the town of High
Wycombe.Bucks County was originally much larger than it is
today. Northampton County was formed in 1752 from part of Bucks County,
and Lehigh County was formed in 1812 from part of Northampton
County. The southern third of the county between Philadelphia and Trenton,
New Jersey, often called Lower Bucks, resides in the Atlantic Coastal Plain,
and is flat and near sea level, and the county's most populated and
industrialized area. Bucks County shares a western border with Montgomery
County, and also borders Philadelphia to the southwest,
and Northampton and Lehigh Counties to the north. From north to south, it
is linked to Warren, Hunterdon, Mercer and Burlington Counties in New
Jersey by bridges.Tohickon Creek and Neshaminy Creek are the
largest tributaries of the Delaware in Bucks County. Tohickon Creek empties
into the river at Point Pleasant and Neshaminy at Croydon (Bristol
Township).
Bristol, Pennsylvania
MODERN BANKING FACILITY AND CORPORATE OFFICES | 10,524 SF | BRISTOL TWP., PA
SECTION 4 | ADDITIONAL INFORMATION
Neighborhood Information
19All SVN® Offices Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
Notable People from Bristol, PAPoul Anderson, science fiction writer.
Daniel W. Bursch, astronaut
.John F. Cordisco, former State Representative
Jeffrey Costello, fashion designer.
Tony DiStefano, motocross national champion.
John Thompson Dorrance, founder of Campbell Soup
Company
Joseph R. Grundy (January 13, 1863 – March 3, 1961),
textile manufacturer, politician, U.S. Senator.
William Edward Hanford (December 9, 1908 – January 27,
1996), chemist
Jeff Manto, professional baseball player
Joe McEwing, professional baseball player
Mike Missanelli, Philadelphia sports personality
Todd Weiner, professional football player
Niles Young, professional wrestler.
Bristol was first settled in 1681 as Buckingham
(for Buckingham, England). It was originally used as a port and dock.
Bristol is rich in history, boasting many historic and restored houses
that line the streets of Radcliffe and Mill.Until 1725 Bristol served as
county seat of Bucks County. From its earliest days Bristol was a
center of milling. With the building of the Delaware Canal and
the Pennsylvania Railroad it became a center of transportation and an
attractive location for industry. By the 1880s Bristol was home to
many factories, including companies manufacturing wall paper and
carpet. In 1917 Averell Harriman organized the Bristol shipyards. The
area around the shipyards was named Harriman. In 1922 Harriman
was annexed by Bristol. During World War II the old shipyards were
used to build airplanes. In 1961, Bristol gained national attention when
the song "Bristol Stomp", by The Dovells hit #2 on the Billboard pop
chart. The song remains a local favorite, and it is often played at
ceremonies, parades, and sporting events.The Bristol Historic
District, Bristol Industrial Historic District, Delaware Division of the
Pennsylvania Canal, Dorrance Mansion, General Stores and Mold Loft
Building-Harriman Yard of the Merchant Shipbuilding
Corporation, Grundy Mill Complex, Harriman Historic District, Jefferson
Avenue School and Jefferson Land Association Historic District are
listed on the National Register of Historic Places. Delaware Division of
the Pennsylvania Canal is also designated a National Historic
Landmark District.
Local Attractions include the Bristol Riverside Theatre, and the
Margaret R. Grundy Library and Museum. In the summer there are
many festivals and free concerts. The cultural festivals include: Celtic
Day, Puerto-Rican Day, African-American Day, and Italian Day (with a
Doo-Wop Concert). There is also an Antique Car Show, Arts & Crafts
Festival, and a Fall Auto Show. All held at the Bristol Lions Park, Bristol
Wharf and in the Historic Mill Street Shopping District by the Delaware
River.Silver Lake Park and Nature Center provides an area of
recreation.