102 Main St - Convenience Store FOR SALE


Biglerville, PA 17307
$1,166,000 USD
310-722-3161
102 Main St, Biglerville, PA for Sale
$1,166,000 USD
Convenience Store - FOR SALE
1/3
null | 6% Cap Rate

102 Main St
Biglerville, PA 17307


HIGHLIGHTS

  • Sole Convenience Store in Biglerville Township (since 1980)
  • Corporate-Backed Lease (AA- Credit Rating)
  • Passive Absolute NNN - No Landlord Responsibilities
  • Current Lease Term Expires June 30, 2028 (5-year option available)

OVERVIEW

The Property, a true NNN, consists of a freestanding ± 2,224 sf one-story, masonry block building on ± 1/3 acre of land at the signalized intersection of Main Street and Hanover Street. 7-Eleven has successfully occupied this property for 40 years, and in 2021 agreed to extend the lease term through June 28, 2028 with 1 x 5 year renewal option. The corporate lease is backed by the nation’s largest convenience store operator who maintains an “AA-” credit rating from Standard & Poor. There are no gas pumps on the property. Biglerville is located in Adams County approximately 7 miles north of the historical city of Gettysburg. Adams County is home to 102,000 residents and also several wineries, fruit markets and nurseries. Adams county is the largest producer of apples and peaches in the state. Biglerville is in the heart of Apple Country, and host to the National Apple Museum a few blocks blocks from 7-Eleven. 7-Eleven Biglerville, Pennsylvania provides an investor with management-free, long term cash flow from the country’s largest and top rated convenience store chain.

FOR SALE DETAILS

PRICE

$1,166,000 USD

PRICE/SF

$524 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7-Eleven Convenience Store

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

Commercial

APN/PARCEL ID

05-003-0161-000

ASK ABOUT THIS PROPERTY

Mason CanterKW CommercialMore Info
310-722-3161

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Mason CanterKW CommercialMore Info
310-722-3161

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.