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Liberty Sale-Leaseback Gas Station 400 N Queen St 1,816 SF Retail Building Littlestown, PA 17340 $1,214,286 ($668.66/SF) 7% Cap Rate
Investment Highlights
- Strong Personal Guarantee | This investment is backed by a personal guarantee from an established entity with $30 million in top-line revenue
- Income Growth with Annual Rent Increases | This investment features attractive 2% annual rental increases, providing consistent income growth
- Long-Term 15-Year Sale-Leaseback with NNN Structure | This property is secured by a 15-year sale-leaseback, offering investors long-term stability
Executive Summary
NNN Pro is pleased to present the exclusive listing for a Liberty Gas Station located at 400 N Queen Street, Littlestown, PA 17340. The site consists of roughly 1,816 rentable square feet of building space on an estimated 0.03-acre parcel of land. This Liberty Gas Station is subject to a 15-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $85,000 and has scheduled increases of 2.00% annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
1,816 SF
Building Class
C
Year Built
2000
Price
$1,214,286
Price Per SF
$668.66
Cap Rate
7%
NOI
$85,000
Tenancy
Single
Building Height
1 Story
Building FAR
1.00
Lot Size
0.04 AC
Zoning
C3
Nearby Major Retailers
Property Taxes
| Parcel Number | 27-005-0043-000 | Improvements Assessment | $278,500 |
| Land Assessment | $52,100 | Total Assessment | $330,600 |
Property Taxes
Parcel Number
27-005-0043-000
Land Assessment
$52,100
Improvements Assessment
$278,500
Total Assessment
$330,600
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Liberty Sale-Leaseback Gas Station | 400 N Queen St
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