621 Hepburn St
Williamsport, PA 17701
U.S. Post Office · Retail Property For Sale

• Gross Lease Investment | Goodwill operates under a Gross Lease with real estate taxes and insurance included in their rent. They remain fully responsible for maintenance and common area maintenance. Tenant is responsible to pay any tax or insurance over the base amount in the year of commencement. • Established, Solid Regional Tenant | This division of Goodwill covers the largest geographical area in Pennsylvania employing over 700 people in PA and NY at 25 locations. • Strong Tenant Commitment | The Goodwill lease features an initial term of 15 Years with an additional two (2) 5 year options to extend the lease until 2041, indicating strong commitment to the site. The USPS has been at this location since 2000 and recently committed to a brand new lease. • Recent Building Upgrades and Renovations | This asset was 100% renovated in 2016. It has a new roof, HVAC, parking lot and landscaping. Additional interior renovations were completed for both Goodwill coming in as a new tenant and the long-term United States Postal Service. • Advantageous Demographics | This property is situated near downtown Williamsport and is one of the few stores that has a large donation and distribution center. It is also directly across from a Family Dollar Store in a lower income area of the city, which serves as the ideal target market for this tenant and further support sales. • Recession Resistant Guarantor | Goodwill services their communities in many ways other than clothing/household goods donation and sales. They also provide many different job training programs and thrive in markets where income may be modest.