3905 Commerce Blvd - Restaurant FOR SALE
Dickson City, PA 18519 |
$2,417,000 USD
732-832-5414
3905 Commerce Blvd
Dickson City, PA 18519
HIGHLIGHTS
- List price of $2,417,000 yielding a 6.00% cap rate.
- Absolute NNN Ground Lease corporately guaranteed by Chili’s parent company, Brinker Penn Trust, boasting a BB+ Credit Rating (S&P)
- Brand new 2025 built-to-suit construction for Chili’s. The new 4,719 sq ft building is situated an a large 2.03 acre parcel
- There are 9.75 years remaining on the original 10 year lease including Four, 5-Year Options to extend, with scheduled increases every 5 years
- Low RPSF: This ground lease benefits from having cheaper rents ($30.72) compared to market rent.
- Located in a dominant retail corridor surrounded by national retailers including but not limited to Chick-Fil-A, Walmart, Target & Home Depot.
FOR SALE DETAILS
PRICE
$2,417,000 USD
PRICE/SF
$440 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Chili’s
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
2.03 AC
LAND SF
88,427 SF
ZONING
C-3
APN/PARCEL ID
11302010006
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732-832-5414
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732-832-5414
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