1107 Million Dollar Hwy - Freestanding FOR SALE


Saint Marys, PA 15857
$1,757,812 USD
917-697-3215
1107 Million Dollar Hwy, Saint Marys, PA for Sale
$1,757,812 USD
Freestanding - FOR SALE
1/3
null | 8% Cap Rate

1107 Million Dollar Hwy
Saint Marys, PA 15857


HIGHLIGHTS

  • NN Lease
  • Corporate Guarantee
  • Affluent Suburban Community
  • Across Street From Walmart Supercenter

OVERVIEW

Surmount is pleased to present the exclusive listing for a Verizon located at 1107 Million Dollar Highway, Saint Marys, PA 15857. The site consists of roughly 3,000 rentable square feet of building space on an estimated .78-acre parcel of land. Verizon is subject to a 10.01-year Double Net (NN) lease, which commenced 1.4.2019. The current annual rent is $140,625 and has scheduled increases of 10.00% Every 5 Years.

FOR SALE DETAILS

PRICE

$1,757,812 USD

PRICE/SF

$586 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Verizon

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,977 SF

ZONING

-

APN/PARCEL ID

03-13-301-9787

ASK ABOUT THIS PROPERTY

Anthony BirdSurmountMore Info
917-697-3215

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Anthony BirdSurmountMore Info
917-697-3215

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