777 Manor St - Storefront FOR SALE


Lancaster, PA 17603- West End
$990,082 USD
201-661-1238
777 Manor St, Lancaster, PA for Sale
$990,082 USD
Storefront - FOR SALE
1/3
null | 6% Cap Rate

777 Manor St
Lancaster, PA 17603
West End


HIGHLIGHTS

  • Strong Unit-Level Performance
  • Franchisee-Guaranteed Lease
  • Long-Term Operating History
  • Established Neighborhood Retail Corridor

OVERVIEW

Surmount is pleased to present the exclusive listing for a Pizza Hut sale-leaseback located at 777 Manor Street, Lancaster, PA 1 7603. The site consists of roughly 3,054 rentable square feet of building space on an estimated .31 -acre parcel of land. Pizza Hut is subject to a 20 -year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $59,405 and has scheduled increases of 2.00% Annually.

FOR SALE DETAILS

PRICE

$990,082 USD

PRICE/SF

$324 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pizza Hut

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

C2

APN/PARCEL ID

338-02483-0-0000

ASK ABOUT THIS PROPERTY

Francis PurritanoSurmountMore Info
201-661-1238

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Francis PurritanoSurmountMore Info
201-661-1238

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