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1551 S Township Blvd
Pittston Township, PA 18640
Retail Property For Sale
Investment Highlights
- Four years remaining on NN Lease with Two five year options and Committed to early 5-year renewal
- Double-Net Lease with Minimal Landlord Responsibilities and Long term tenancy commitment - 20 years
- Corporate Guarantee Lease
- Do It Yourself Consumers – This store is located in a market that supports high retail sales for auto parts
- 10% Rental Increases
- Advance Auto Parts Has Investment Grade Credit: S&P BBB
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,000 SF
Building Class
B
Year Built
2001
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.37 AC
Zoning
Commercial
Parking
35 Spaces (5 Spaces per 1,000 SF Leased)
Frontage
239’ on LAUREL ST
Amenities
- Signage
About 1551 S TOWNSHIP BLVD , PITTSTON TOWNSHIP, PA 18640
This Advance Auto Parts is located on the heavily traveled US Highway 11. Situated between Scranton and Wilkes-Barre, approximately 4 miles from Wilkes- Barre/ Scranton International Airport. The city draws a great portion of the population from its labor force from European immigrants and the Luzerne County population exceeds 300,000. The immediate area includes national retailers such as Walgreens, K-Mart, Walgreens, Dollar & Planet Fitness to names a few. Advance Auto Parts is the Largest Automotive Parts Retailer.
Property Taxes
| Parcel Number | 51-E12S6-003-004 | Improvements Assessment | $600,000 |
| Land Assessment | $150,000 | Total Assessment | $750,000 |
Property Taxes
Parcel Number
51-E12S6-003-004
Land Assessment
$150,000
Improvements Assessment
$600,000
Total Assessment
$750,000
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