640 W Centre St - Drug Store FOR SALE


Shenandoah, PA 17976
$1,150,000 USD
972-636-5715
640 W Centre St, Shenandoah, PA for Sale
$1,150,000 USD
Drug Store - FOR SALE
1/4
null | 9.08% Cap Rate

640 W Centre St
Shenandoah, PA 17976


OVERVIEW

Property Highlights: Double-Net Lease (NN+): Tenant is fully responsible for property taxes & insurance Landlord Responsibilities: Exterior structural portions of building Recent Renewal: Family Dollar exercised their first 5-year option June 2023 Demographics: Population of 23,595 residents within a 5-mile radius Household Income: Average household income of $67,200 within a 5-mile radius Brand Ranking: Top 40th Percentile of Family Dollar locations in PA (Source: AlphaMap.com) Strategic Location: Directly across the street from Shenandoah Valley School District (1,231 students) Site Positioning: Adjacent to strip center including Domino’s, Sunoco & Boyer’s Food Market (88,543 total visits/month)

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$146 USD /SF

CAP RATE

9.08%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.2 AC

LAND SF

52,272 SF

ZONING

Commercial

APN/PARCEL ID

64-01-0002.004

ASK ABOUT THIS PROPERTY

Davis JohnsonMatthews Real Estate Investment ServicesMore Info
972-636-5715

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Davis JohnsonMatthews Real Estate Investment ServicesMore Info
972-636-5715

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