30 N 4th St - Schools FOR SALE
Easton, PA 18042 |
$8,026,000 USD
703-559-7190
30 N 4th St
Easton, PA 18042
HIGHLIGHTS
- The tenant, Easton Arts Academy Elementary Charter School, Inc., recently exercised its first 7-year option to extend the lease through August 2031
- The lease features 3% rental increases every 5 years starting in August 2026 and continuing throughout the option periods thereafter, growing NOI and
- Ideal, low-management investment opportunity for a passive investor Historic Downtown Easton | Highly-Walkable Location | Nearby National/Credit
- he 5-mile trade area is supported by over 125,000 residents and 45,000 employees, providing a direct consumer base from which to draw
FOR SALE DETAILS
PRICE
$8,026,000 USD
PRICE/SF
$123 USD /SF
CAP RATE
7.5%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
30 N 4th Street
PROPERTY TYPE
Specialty
PROPERTY SUBTYPE
Schools
TOTAL BUILDING SIZE
-
STORIES
3
BUILDING CLASS
C
YEAR BUILT
1923
SPRINKLERS
-
PARKING SPACES
100
LAND DETAILS
LAND ACRES
0.35 AC
LAND SF
15,246 SF
ZONING
10RHD
APN/PARCEL ID
L9SE2A 4 1C 0310
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703-559-7190
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703-559-7190
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