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Goodwill

215 S Stevens St, Shinglehouse, PA 16748

Listing Price: $1,100,000

Cap Rate
6.55%
Tenant Name
Goodwill
Years Remaining On Lease
14.2
Guarantor
Corporate Guarantee
Rentable SF
8,000
Lease Type
Double Net
Rent Per Square Feet
$9.00

Investment Overview

This investment is being offered at $1,100,000 which represents a blended cap rate of 7.03% over the course of the lease.

Investment Highlights

  • NN lease structure with 14+ years remaining
  • Rental increases every 5 years in the base term
  • Landlord is responsible for roof, structure and HVAC service
  • Tenant fully reimburses for taxes and is responsible for insurance and snow and ice removal
  • Property is located less than one mile from a newly constructed Dollar General Market
  • Store is across the street from the Oswayo Valley School District
  • Approximately three hours from Pittsburgh and less than two hours from Buffalo

Broker of Record

  • Timothy B. Stephenson Jr.

    Regional Manager

    (215) 531-7000

    License(s) PA: RMR006104

    Pennsylvania

Financing By

Listing Price: $1,100,000

Cap Rate
6.55%
Tenant Name
Goodwill
Years Remaining On Lease
14.2
Guarantor
Corporate Guarantee
Rentable SF
8,000
Lease Type
Double Net
Rent Per Square Feet
$9.00

Investment Highlights

  • NN lease structure with 14+ years remaining
  • Rental increases every 5 years in the base term
  • Landlord is responsible for roof, structure and HVAC service
  • Tenant fully reimburses for taxes and is responsible for insurance and snow and ice removal
  • Property is located less than one mile from a newly constructed Dollar General Market
  • Store is across the street from the Oswayo Valley School District
  • Approximately three hours from Pittsburgh and less than two hours from Buffalo

Investment Overview

This investment is being offered at $1,100,000 which represents a blended cap rate of 7.03% over the course of the lease.

Broker of Record

  • Timothy B. Stephenson Jr.

    Regional Manager

    (215) 531-7000

    License(s): PA: RMR006104

    Pennsylvania

Financing By

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