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Fuel On 120 Montmorenci Rd 2,600 SF Retail Building Ridgway, PA 15853 $2,352,941 ($904.98/SF) 8.50% Cap Rate
Investment Highlights
- Strong Guaranty
- Bonus depreciation
- Long-term, landlord-favorable lease
- Excellent historical financial performance
- Scheduled rent bumps
- High traffic counts
Executive Summary
Long-term lease with strong operator. Investment offers 100% Bonus Depreciation
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,600 SF
Building Class
C
Year Built
1975
Price
$2,352,941
Price Per SF
$904.98
Cap Rate
8.50%
NOI
$200,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.48 AC
Frontage
156’ on Montmorenci Avenue
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 12-12-246-2241 | Improvements Assessment | $40,950 |
| Land Assessment | $12,800 | Total Assessment | $53,750 |
Property Taxes
Parcel Number
12-12-246-2241
Land Assessment
$12,800
Improvements Assessment
$40,950
Total Assessment
$53,750
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Fuel On | 120 Montmorenci Rd
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