Updated Aug 13, 2026
Empire Realty Investments Sells Retail Asset At 2040-2134 Street Road For $20.1 Million
2040-2134 Street Road
$20,100,000
Units
109,055
Asset Type
Retail
Closing
Mar 11, 2025
About this deal
AI
The property asset involved in the transaction is a retail space located at 2040-2134 Street Road in Bensalem, PA. This retail asset consists of 109,055 square feet and has been sold for a total price of $20,100,000.00.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $20,100,000.00
- Address: 2040-2134 Street Road
- Market: Bensalem, PA
- Units: 109,055
- Seller: Empire Realty Investments
- Sale Date: 03/11/2025
Empire Realty Investments is the seller in this transaction, facilitating the sale of this retail property without additional intermediary involvement in the details of the sale. The nature of the transaction highlights the engagement of Empire Realty Investments directly with the buyer for this retail asset.
Players
Bensalem Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.79%
Cash-on-Cash
-0.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93