11640 Edinboro Rd - Retail FOR SALE


Edinboro, PA 16412
$1,550,000 USD
646-805-1491
11640 Edinboro Rd, Edinboro, PA for Sale
$1,550,000 USD
Retail - FOR SALE
1/2
null | 7.09% Cap Rate

11640 Edinboro Rd
Edinboro, PA 16412


HIGHLIGHTS

  • Constructed in 2023 and Ideally Positioned Along High-Traffic Edinboro Road, Benefiting from Excellent Visibility and Exposure to 6,150+ VPD
  • Situated Across From General McLane High School and James W. Parker Middle School, Serving a Combined Enrollment of Approximately 1,500 Students
  • 13 Year Absolute NNN Lease, Offering Investors a True Hands-Off, Management-Free Investment, Ideal for 1031 Exchange Buyers Seeking Stable Income
  • Located Just 9 Miles from Erie, Pennsylvania’s 5th Largest City with a Population Exceeding 92,000, and Part of the 270,000 Person Erie MSA
  • High-Income Trade Area, with Average Household Incomes exceeding $120,000 within 1-Mile and a Population of More Than 16,000 within a 5-Mile Radius

OVERVIEW

Constructed in 2023 and Ideally Positioned Along High-Traffic Edinboro Road, Benefiting from Excellent Visibility and Exposure to 6,150+ VPD. Situated Across From General McLane High School and James W. Parker Middle School, Serving a Combined Enrollment of Approximately 1,500 Students. 13 Year Absolute NNN Lease, Offering Investors a True Hands-Off, Management-Free Investment, Ideal for 1031 Exchange Buyers Seeking Stable Income. Located Just 9 Miles from Erie, Pennsylvania’s 5th Largest City with a Population Exceeding 92,000, and Part of the 270,000 Person Erie MSA. High-Income Trade Area, with Average Household Incomes exceeding $120,000 within 1-Mile and a Population of More Than 16,000 within a 5-Mile Radius.

FOR SALE DETAILS

PRICE

$1,550,000 USD

PRICE/SF

$146 USD /SF

CAP RATE

7.09%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

45-007-012.0-007.06

ASK ABOUT THIS PROPERTY

Michael CardoneMarcus & MillichapMore Info
646-805-1491

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Michael CardoneMarcus & MillichapMore Info
646-805-1491

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