6198 Cressona Mall - Fast Food FOR SALE


Pottsville, PA 17901
$1,060,000 USD
310-893-3397
6198 Cressona Mall, Pottsville, PA for Sale
$1,060,000 USD
Fast Food - FOR SALE
1/9
null | 5% Cap Rate

6198 Cressona Mall
Pottsville, PA 17901


HIGHLIGHTS

  • 12+ years left on absolute triple-net (NNN) lease
  • 10% Increases Every 5 Years (Next Increase in 2 years)
  • Long John Silver’s is the largest quick-service seafood chain in the U.S., with over 600 locations and more than 10,000 employees.
  • Cressona Mall Road and Route 61, with combined traffic counts of over 33,000 vehicles per day
  • Adjacent to Cressona Mall and less than one mile from Penn State Schuylkill (800+ students)
  • Surrounded by national and regional tenants including Staples, CVS, Planet Fitness, Giant Food Store, AutoZone, Burger King, McDonald’s

OVERVIEW

Kidder Mathews and Bang Realty are pleased to present the exclusive offering of a Long John Silver’s located at 6198 Cressona Mall Road in Pottsville, Pennsylvania. The property comprises approximately 2,640 square feet on a 0.70-acre parcel at the signalized intersection of Route 61 and Cressona Mall Road, which sees combined daily traffic counts exceeding 33,000 vehicles. The asset is subject to an absolute triple-net (NNN) lease that commenced on July 8, 2022, and expires on July 31, 2037, providing over 12 years of remaining lease term. The lease features 10% rent increases every five years and multiple renewal options, with the tenant responsible for all expenses, offering truly passive income to the investor. Strategically positioned along Pottsville’s primary retail corridor, the property is surrounded by a strong mix of national and regional tenants including Staples, CVS, Planet Fitness, Giant, AutoZone, McDonald’s, and more. The site benefits from proximity to major demand drivers such as Lehigh Valley Hospital – Schuylkill Campus (129 beds), Schuylkill Haven School District, and Penn State Schuylkill. Over 39,000 people reside within five miles, and more than 65,000 within ten miles of the property. This high-visibility, service-oriented location provides a stable, long-term investment opportunity in a core Pennsylvania market.

FOR SALE DETAILS

PRICE

$1,060,000 USD

PRICE/SF

$402 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Long John Silver's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.7 AC

LAND SF

30,492 SF

ZONING

commercial

APN/PARCEL ID

18-05-0143.001

ASK ABOUT THIS PROPERTY

Ryan SharpeKidder MathewsMore Info
310-893-3397

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Ryan SharpeKidder MathewsMore Info
310-893-3397

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