1908 River Rd - Retail FOR SALE
North Apollo, PA 15673 |
1908 River Rd
North Apollo, PA 15673
HIGHLIGHTS
- Stabilized Investment Opportunity: 92% leased shopping center, with 2 vacant contiguous suites totaling +/- 2,500 square feet
- Mark to Market Rents: The next owner has the opportunity to increase rents by converting leases from Gross to NNN leases and increasing rents
- Easily Accessible Site: Multiple points of Ingress/Egress from River Road & 19th Street providing easy access to the site with an abundance of parking
- Strong Historical Occupancy: Three of the five tenants have been operating at the center since 2011 or earlier, showing the tenants’ commitment
- Neighboring Retail Tenants: Surrounded by tenants such as; Domino’s Pizza, SHOP n’ SAVE, Dollar General, Dairy Queen, Family Dollar, and more
- New Roof & HVAC: Current ownership has recently invested $200,000 in a new roof (15-year warranty) and new HVAC systems
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Midtown Plaza
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
37000
STORIES
1
YEAR BUILT
1965
SPRINKLERS
-
PARKING SPACES
125
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
31-0-021832
