Skip to main content

Shopping Neighborhood

Main Street Plaza

107 E Main St, Bath, PA 18014

Listing Price: $1,500,000

Cap Rate
0.79%
Gross SF
15,000
Rentable SF
15,000
Price/Gross SF
$100.00
Lot Size
1.65 acres
Year Built
1974

Investment Overview

» Current Anchor Tenant | Dunkin Donuts is 12.51% of the center and is a top performing national tenant » Dunkin Donuts | Past 10 Years has Grown 5.4% compound annually from 6,400 to 9,420+ locations » Service Oriented Tenants | All Tenants Provide a Diverse Set of Services to the Local Population » Market Rates | Tenant Rents Are At-Or-Below the Current Market Rates » Incredible Visibility | Subject Site is Located at the Intersection of East Main Street and North Walnut Street (12K+ VPD) » Affluent Demographics | 15,700+/- Residents with An Average Household Income of $104K+ Within 3-miles » Retail Corridor | Numerous Retail Tenants within 1-Mile of the Subject Site | Restaurants, Grocery Stores Gas Stations, & Pharmacies

Investment Highlights

  • Value Add Opportunity | Current vacancy of 49.33% and another 22.03% Expiring by the end of 2023
  • Strong Real Estate Fundamentals | 15,000 Square Feet on 1.65 Acres with over 100 Parking Spaces
  • Redevelopment or Re-Positioning Opportunity | Significant Upside Potential and NOI growth
  • Leasing Pro-Forma | Potential NOI Growth of $95K with leasing of $8-16 PSF (NNN & Gross)

Exclusively Listed By

Shopping Neighborhood

Main Street Plaza

Listing Price: $1,500,000

Cap Rate
0.79%
Gross SF
15,000
Rentable SF
15,000
Price/Gross SF
$100.00
Lot Size
1.65 acres
Year Built
1974

Investment Highlights

  • Value Add Opportunity | Current vacancy of 49.33% and another 22.03% Expiring by the end of 2023
  • Strong Real Estate Fundamentals | 15,000 Square Feet on 1.65 Acres with over 100 Parking Spaces
  • Redevelopment or Re-Positioning Opportunity | Significant Upside Potential and NOI growth
  • Leasing Pro-Forma | Potential NOI Growth of $95K with leasing of $8-16 PSF (NNN & Gross)

Investment Overview

» Current Anchor Tenant | Dunkin Donuts is 12.51% of the center and is a top performing national tenant » Dunkin Donuts | Past 10 Years has Grown 5.4% compound annually from 6,400 to 9,420+ locations » Service Oriented Tenants | All Tenants Provide a Diverse Set of Services to the Local Population » Market Rates | Tenant Rents Are At-Or-Below the Current Market Rates » Incredible Visibility | Subject Site is Located at the Intersection of East Main Street and North Walnut Street (12K+ VPD) » Affluent Demographics | 15,700+/- Residents with An Average Household Income of $104K+ Within 3-miles » Retail Corridor | Numerous Retail Tenants within 1-Mile of the Subject Site | Restaurants, Grocery Stores Gas Stations, & Pharmacies

Exclusively Listed By

MM Texture Background
MM Textured Background Lower