441 Alden Ave - Convenience Store FOR SALE


Morrisville, PA 19067
$1,905,000 USD
248-702-0288
441 Alden Ave, Morrisville, PA for Sale
$1,905,000 USD
Convenience Store - FOR SALE
1/4
null | 5.25% Cap Rate

441 Alden Ave
Morrisville, PA 19067


HIGHLIGHTS

  • Recent 10 Yr Lease Extension | 65+ Years of Operating History Showing Strong Commitment To Site
  • 10% Rent Increases Every Five Years | (4) Five Year Options
  • Prominent Demographics | 1-Mile AVG HHI Exceeds: $130K+ | 5-Mile: Population Exceeds 259,000
  • 2,620 SF Single Tenant Net Lease 7-Eleven Situated on .37 Acres
  • Triple "NNN" Net Lease | Landlord Responsible For Structure Only
  • Less Than 3 Miles From Mercer County College & Thomas Edison State University | 20 Minutes Outside Philadelphia

OVERVIEW

Recent 10 Yr Lease Extension | 65+ Years of Operating History Showing Strong Commitment To Site

FOR SALE DETAILS

PRICE

$1,905,000 USD

PRICE/SF

$722 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7-Eleven

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,291 SF

ZONING

13NC

APN/PARCEL ID

13-033-007-004

ASK ABOUT THIS PROPERTY

Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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