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Commercial Property with NNN Lease for Sale 408 N Keystone Ave 4,368 SF Office Building Sayre, PA 18840 $225,000 ($51.51/SF) 7.68% Cap Rate
Investment Highlights
- Triple Net Lease
- Extremly Reliable Tenant
- Turnkey & Hands Off Investment
Executive Summary
Single tenant commercial building under a true triple net lease providing a hands off investment for a new owner. The sale is for the real estate only and is contingent upon the buyer assuming the existing long term NNN lease. The tenant has never missed a payment and is responsible for all maintenance and repairs with the owner’s only expense being property taxes. Located in the heart of Sayre on one of the area’s most traveled corridors, the property includes a full unfinished basement with concrete floors suitable for storage or conversion. Offered at approximately $83.71 per finished square foot and $51.51 per total square foot, the property generates $1,895 per month in rent with an estimated NOI of $17,290 and a cash purchase cap rate of approximately 7.68%. Don't miss this rare opportunity to acquire a stabilized triple net leased commercial property in a prime location!
Data Room Click Here to Access
- Offering Memorandum
- Miscellaneous
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$22,740
|
$5.21
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$22,740
|
$5.21
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$5,450
|
$1.25
|
| Net Operating Income |
$17,290
|
$3.96
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $22,740 |
| Annual Per SF | $5.21 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $22,740 |
| Annual Per SF | $5.21 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $5,450 |
| Annual Per SF | $1.25 |
| Net Operating Income | |
|---|---|
| Annual | $17,290 |
| Annual Per SF | $3.96 |
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
4,368 SF
Building Class
C
Year Built
1946
Price
$225,000
Price Per SF
$51.51
Cap Rate
7.68%
NOI
$17,290
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
2,184 SF
Building FAR
0.19
Lot Size
0.53 AC
1 1
Bike Score®
Very Bikeable (70)
Property Taxes
| Parcel Number | 34-007.11-008-000-000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $66,900 |
Property Taxes
Parcel Number
34-007.11-008-000-000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$66,900
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Commercial Property with NNN Lease for Sale | 408 N Keystone Ave
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