2499 Northampton St - Storefront FOR SALE


Easton, PA 18045
$5,588,225 USD
615-933-1333
2499 Northampton St, Easton, PA for Sale
$5,588,225 USD
Storefront - FOR SALE
1/4
null | 5.85% Cap Rate

2499 Northampton St
Easton, PA 18045


HIGHLIGHTS

  • Caliber Collision is the Largest Collision Repair Chain in the US in terms of number of locations (1,800+)
  • Brand New, Corporately Guaranteed, 15-Year Absolute Net Lease with 10% Bumps Every 5 Years
  • Zero Landlord Responsibilities with Tenant Self-Maintaining and Paying Tax & Insurance Directly
  • E-Commerce-Resistant and Recession-Resistant Use That Qualifies for Accelerated Depreciation
  • Within 2.5 Miles of Walmart, Target, Home Depot, Wegmans, GIANT, Chick-Fil-A, ALDI and Wawa
  • Subject Site Visible to 80,000VPD (estimated) on Northhampton, Nazareth, South 25th and Route 22

OVERVIEW

New 15yr Corporate Absolute NNN Investment highlights Newly Renovated 11,875 SF building on 2.71 Acres in Easton, Pennsylvania Brand New 15-Year Absolute NNN Lease with Zero Landlord Responsibilities Corporate Guarantee from Caliber Collision, which is the largest collision repair chain in the U.S., with 1,850+ stores in 42 states Located along Northampton St and Nazareth Rd, just off of Route 22 which carries over 86,000 cars per day between Allentown and Easton Bulls-eye location in the center of Easton’s commercial area, within minutes of major anchor retailers and several car dealerships Site is just down Nazareth Road from major retailers including Walmart, Sam’s Club, Target, Wegmans, Kohl’s, Petco, Chick-Fil-A, Panera, Chipotle, etc. Easton is home to Lafayette College, a private liberal arts college with nearly 4,000 combined students, faculty and additional employees Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation

FOR SALE DETAILS

PRICE

$5,588,225 USD

PRICE/SF

$476 USD /SF

CAP RATE

5.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Caliber Collision | Easton PA | 15 Year GL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

75

LAND DETAILS

LAND ACRES

2.71 AC

LAND SF

118,048 SF

ZONING

GC

APN/PARCEL ID

L9-34-2-0324

ASK ABOUT THIS PROPERTY

Hunter OldacreSunnyside Realty, LLCMore Info
615-933-1333

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Hunter OldacreSunnyside Realty, LLCMore Info
615-933-1333

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