1940 E 3rd St | Williamsport, PA 17701
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1940 E 3rd St
Williamsport, PA 17701
Texas Roadhouse | Williamsport, PA · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 15 year corporately guaranteed lease with four options to renew and 10% rental increases every 5 years throughout the base term and each option
- Large 1.89 acre parcel size with 158 parking spots
- This is the only Texas Roadhouse within a 42 mile radius
- Main retail corridor and surrounded by numerous national tenants
- Situated less than 1 mile from the on/off ramps of Interstate 180 with traffic counts exceeding 35,000 vehicles per day
- The NNN ground lease structure is a huge benefit to the landlord, eliminating any exposure to expenses or property management
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,570 SF
Building Class
C
Year Built
2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.89 AC
Zoning
C
Parking
158 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
41’ on E 3rd St
AMENITIES
- Pylon Sign
- Signage
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 26-010.0-0105.A-000 | Improvements Assessment | $924,840 |
| Land Assessment | $567,000 | Total Assessment | $1,491,840 |
PROPERTY TAXES
Parcel Number
26-010.0-0105.A-000
Land Assessment
$567,000
Improvements Assessment
$924,840
Total Assessment
$1,491,840
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