Neighborhood Center Sold for $6.3M in Doylestown, PA

Doylestown, PA, June 30, 2026 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research, and advisory services, announced today the sale of Barnaby’s Plaza, a 21,849-square-foot property located at 739 & 807 N. Easton Rd, Doylestown, PA, according to Tim Stephenson, regional manager of the firm’s Philadelphia office. The asset sold for $6,300,000.

Scott Woodard and Derrick Dougherty, investment specialists in Marcus & Millichap’s Philadelphia office, represented the buyer, a private investor located in West Chester, PA, in this transaction.   

“Barnaby’s Plaza represents the exact type of high-performing, essential neighborhood retail that investors are actively pursuing in today’s market. Situated in an affluent Doylestown submarket with average household incomes exceeding $150,000, the property benefits from exceptional real estate fundamentals and dominant local positioning directly across from a top-performing Giant Grocery. The velocity of the Easton Road corridor, combined with dense demographics and surrounding major capital redevelopments, ensures long-term asset stability and sustained consumer traffic,” said Scott Woodard, Senior Director Investments.

“The plaza offers a rare combination of 100% occupancy and immediate, built-in income growth. With all 12 tenants on triple-net leases and nine scheduled for rental increases in 2026, the asset provides a seamless investment with an immediate hedge against inflation. Furthermore, recent capital injections into the roofs, HVAC, and parking lot significantly minimize near-term deferred maintenance, allowing the buyer to safely capitalize on a secure, internet-resistant tenant mix,” added Scott Woodard, Senior Director Investments.  

 

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About Marcus & Millichap, Inc. (NYSE: MMI) 

 

Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. Marcus & Millichap closed 8,818 transactions with a sales volume of $50.8 billion in 2025. The company had 1,808 investment sales and financing professionals in more than 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate at year end. For additional information, please visit www.MarcusMillichap.com.