501 W Harford St - Freestanding FOR SALE
Milford, PA 18337 |
501 W Harford St
Milford, PA 18337
HIGHLIGHTS
- Price Reduced: Now offered at $3,000,000, delivering a projected 2024 Net Operating Income (NOI) of $264,103 and an 8.8% capitalization rate.
- Prime Location: Situated at 501 Harford Street W in Milford, PA, just 2.3 miles from I-84, at the tri-state border of PA, NJ, and NY.
- Strong Tenant with Triple-Net Lease: Fully leased to Key Food Marketplace under a triple-net lease until January 31, 2028, ensuring low-maintenance.
- Development Potential: Includes a 0.84-acre parcel currently used for parking, with potential for separate sale or future commercial development.
- Tourism-Driven Area: Close to the Poconos Mountains and Delaware Water Gap National Recreation Area, attracting thousands of tourists annually.
- Surrounded by National Retailers: Located near Walmart, Rite Aid, McDonald’s, Dunkin, Walgreens, and more, ensuring strong consumer traffic.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
22688
STORIES
1
YEAR BUILT
1970
SPRINKLERS
-
PARKING SPACES
121
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
000998
