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Portfolio: Cuddebackville, NY ,.Chester, PA 1200-1204 Highland Ave 7,500 SF Retail Building Chester, PA 19013 $3,009,826 ($401.31/SF) 7.50% Cap Rate
Executive Summary
SOLD AS PACKAGE WITH DOLLAR GENERAL STORE LOCATED AT
1035 US Route 209, CUDDEBACKVILLE, NY 12729 AT $ 1,477,133
INVESTMENT HIGHLIGHTS
• 7,500 SF Dollar General METRO Store | Full Brick Exterior
• Triple Net (NNN) 6 Year Lease with No Landlord Responsibilities
• Three, Five Year Options | 10% Rent Increases at Each Option
• Corporate Guarantee | “BBB” S&P Rating
1035 US Route 209, CUDDEBACKVILLE, NY 12729 AT $ 1,477,133
INVESTMENT HIGHLIGHTS
• 7,500 SF Dollar General METRO Store | Full Brick Exterior
• Triple Net (NNN) 6 Year Lease with No Landlord Responsibilities
• Three, Five Year Options | 10% Rent Increases at Each Option
• Corporate Guarantee | “BBB” S&P Rating
Property Facts
Sale Type
Investment NNN
Sale Condition
Bulk/Portfolio Sale
Property Type
Retail
Property Subtype
Convenience Store
Building Size
7,500 SF
Building Class
B
Year Built
2017
Price
$3,009,826
Price Per SF
$401.31
Cap Rate
7.50%
NOI
$225,737
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.31 AC
Zoning
C - General Commercial
Parking
31 Spaces (4.13 Spaces per 1,000 SF Leased)
Frontage
318’ on Highland Avenue
Amenities
- Signage
Property Taxes
| Parcel Number | 49-11-01659-01 | Improvements Assessment | $1,817,158 |
| Land Assessment | $51,980 | Total Assessment | $1,869,138 |
Property Taxes
Parcel Number
49-11-01659-01
Land Assessment
$51,980
Improvements Assessment
$1,817,158
Total Assessment
$1,869,138
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Portfolio: Cuddebackville, NY ,.Chester, PA | 1200-1204 Highland Ave
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