400 N Queen St - Convenience Store FOR SALE
Littlestown, PA 17340 |
$1,214,286 USD
332-278-5030
400 N Queen St
Littlestown, PA 17340
HIGHLIGHTS
- Strong Personal Guarantee | This investment is backed by a personal guarantee from an established entity with $30 million in top-line revenue
- Long-Term 15-Year Sale-Leaseback with NNN Structure | This property is secured by a 15-year sale-leaseback, offering investors long-term stability
- Income Growth with Annual Rent Increases | This investment features attractive 2% annual rental increases, providing consistent income growth
OVERVIEW
NNN Pro is pleased to present the exclusive listing for a Liberty Gas Station located at 400 N Queen Street, Littlestown, PA 17340. The site consists of roughly 1,816 rentable square feet of building space on an estimated 0.03-acre parcel of land. This Liberty Gas Station is subject to a 15-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $85,000 and has scheduled increases of 2.00% annually.
FOR SALE DETAILS
PRICE
$1,214,286 USD
PRICE/SF
$669 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Liberty Sale-Leaseback Gas Station
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Convenience Store
ADD'L SUBTYPES
Service Station
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2000
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.04 AC
LAND SF
1,816 SF
ZONING
C3
APN/PARCEL ID
27-005-0043-000
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
332-278-5030
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
332-278-5030
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
