CVS - Honesdale, PA
202 4th Street, Honesdale, PA, 18431, US
1.232 vierkante meter
Beschrijving
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the fee simple Fulton Bank located at 100 W Independence Street in Shamokin, Pennsylvania (“Property” or “Asset”). Fulton Bank is operating on a 15-year absolute NNN lease with ±13.0 years of primary lease term remaining, 2.25% annual rent escalations, three, five-year renewal options and zero landlord responsibilities.
PA Broker of Record: Ryan Ade - PA License #: RS291698
...
Kenmerken
Vraagprijs
€ 2.595.000
Cap rate
6,25%
NOI
€ 163.000
WAULT
13 jaren
Netto gebouwoppervlakte
939 vierkante meter
Bruto landoppervlakte
0,19 ha
Media
Investeringskenmerken
- Absolute NNN lease with ±13.0 years of primary lease term remaining
- Rare 2.25% annual rent escalations
- Fulton Bank carries investment grade credit ratings of 'A' from Morningstar DBRS and 'Baa1' from Moody's
- Only Fulton Bank location in Northumberland County
- Hard corner, signalized intersection with 13,000+ VPD
- Shamokin is undergoing economic revitalization with a population of 6,800+
- Strong demand characteristics driven by 5-mile AHHI of $72K
Contact adviseurs
Fulton Bank - Shamokin, PA (0 Eigendommen)
