840 Bellefonte Ave - Service Station FOR SALE


Lock Haven, PA 17745
$2,623,280 USD
202-286-1542
840 Bellefonte Ave, Lock Haven, PA for Sale
$2,623,280 USD
Service Station - FOR SALE
1/10
null | 5% Cap Rate

840 Bellefonte Ave
Lock Haven, PA 17745


HIGHLIGHTS

  • 9+ Years Remaining | Annual Rental Increases | Established Brand
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Dense Retail Corridor | Strong National/Credit Tenant Presence | Lock Haven University of Pennsylvania
  • Signalized, Hard Corner Intersection | Excellent Visibility & Access
  • Strong Demographics in 5-mile Trade Area

OVERVIEW

• The tenant currently has 9+ years remaining on their initial lease with 5 (5-year) options to extend, demonstrating their commitment to the site • The lease features 1.04% annual rental increases throughout the initial term and options thereafter, growing NOI and hedging against inflation • 7-Eleven, Inc. is the premier name in the U.S. convenience-retailing industry. Based in Irving, Texas, 7-Eleven operates, franchises and/or licenses more than 14,000 stores in the U.S. and Canada

FOR SALE DETAILS

PRICE

$2,623,280 USD

PRICE/SF

$1,501 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7-Eleven | 9+yrs Corp Abs NNN w/ Annual Incrs

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

1.04 AC

LAND SF

45,302 SF

ZONING

General Commercial

APN/PARCEL ID

023-11836,23-11836-100,23-11836-101,23-11836-99

ASK ABOUT THIS PROPERTY

Andrew FallonSRS Real Estate PartnersMore Info
202-286-1542

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Andrew FallonSRS Real Estate PartnersMore Info
202-286-1542

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