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3905 Commerce Blvd
Dickson City, PA 18519
Chili’s · Retail Property For Sale
Investment Highlights
- List price of $2,417,000 yielding a 6.00% cap rate.
- Brand new 2025 built-to-suit construction for Chili’s. The new 4,719 sq ft building is situated an a large 2.03 acre parcel
- Low RPSF: This ground lease benefits from having cheaper rents ($30.72) compared to market rent.
- Absolute NNN Ground Lease corporately guaranteed by Chili’s parent company, Brinker Penn Trust, boasting a BB+ Credit Rating (S&P)
- There are 9.75 years remaining on the original 10 year lease including Four, 5-Year Options to extend, with scheduled increases every 5 years
- Located in a dominant retail corridor surrounded by national retailers including but not limited to Chick-Fil-A, Walmart, Target & Home Depot.
Property Facts
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,719 SF
Building Class
C
Year Built/Renovated
2004/2025
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
2.03 AC
Zoning
C-3 - Commercial
Amenities
- Pylon Sign
Property Taxes
| Parcel Number | 11302010006 | Improvements Assessment | $888,760 |
| Land Assessment | $420,860 | Total Assessment | $1,309,620 |
Property Taxes
Parcel Number
11302010006
Land Assessment
$420,860
Improvements Assessment
$888,760
Total Assessment
$1,309,620
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