14 Spring St | Tremont, PA 17981
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- LoopNet Team
14 Spring St
Tremont, PA 17981
Family Dollar · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- High Foot Traffic: 116,900 visits in the last 12 months, with 61,600 frequent visitors.
- Prime Location & Accessibility: 8,000 sq ft in downtown Tremont with 30 parking spaces, close to I-81 and US-209.
- Future Renovations: Store is on the 2025 renovation list.
- Sales Performance: 12.22% sales increase (2021-2023) with a 3.89% Rent/Sales ratio, showcasing efficiency and growth.
- Strong Lease: NNN lease with 7.5 years remaining, with an early 5-year renewal exercised 2.5 years early, showing 25 years of tenant commitment.
- Expansion Potential: Landlord can expand the building to 10,500 SF, though the tenant is currently satisfied with the existing footprint.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
8,000 SF
Building Class
C
Year Built
2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
0.72 AC
Zoning
C - Commercial
Parking
30 Spaces (3.75 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 67-04-0203.000 | Improvements Assessment | $192,615 |
| Land Assessment | $23,445 | Total Assessment | $216,060 |
PROPERTY TAXES
Parcel Number
67-04-0203.000
Land Assessment
$23,445
Improvements Assessment
$192,615
Total Assessment
$216,060
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