408 N Keystone Ave - Medical FOR SALE


Sayre, PA 18840
$225,000 USD
570-265-6100
408 N Keystone Ave, Sayre, PA for Sale
$225,000 USD
Medical - FOR SALE
1/31
null | 7.68% Cap Rate

408 N Keystone Ave
Sayre, PA 18840


HIGHLIGHTS

  • Triple Net Lease
  • Turnkey & Hands Off Investment
  • Extremly Reliable Tenant

OVERVIEW

Single tenant commercial building under a true triple net lease providing a hands off investment for a new owner. The sale is for the real estate only and is contingent upon the buyer assuming the existing long term NNN lease. The tenant has never missed a payment and is responsible for all maintenance and repairs with the owner’s only expense being property taxes. Located in the heart of Sayre on one of the area’s most traveled corridors, the property includes a full unfinished basement with concrete floors suitable for storage or conversion. Offered at approximately $83.71 per finished square foot and $51.51 per total square foot, the property generates $1,895 per month in rent with an estimated NOI of $17,290 and a cash purchase cap rate of approximately 7.68%. Don't miss this rare opportunity to acquire a stabilized triple net leased commercial property in a prime location!

FOR SALE DETAILS

PRICE

$225,000 USD

PRICE/SF

$52 USD /SF

CAP RATE

7.68%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Commercial Property with NNN Lease for Sale

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1946

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

23,087 SF

ZONING

-

APN/PARCEL ID

34-007.11-008-000-000

ASK ABOUT THIS PROPERTY

Darel Smith Jr.Howard Hanna At Home RealtyMore Info
570-265-6100

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

Darel Smith Jr.Howard Hanna At Home RealtyMore Info
570-265-6100

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