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712 Elizabeth St
Houtzdale, PA 16651
Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,354 SF
Building Class
C
Year Built
2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.20 AC

About 712 ELIZABETH ST , HOUTZDALE, PA 16651

• Absolute Net (NNN) Investment | Snappy’s operates on an Absolute Net (NNN) Lease with tenant fully responsible for maintenance, insurance and taxes providing the landlord with a low maintenance asset. • Future Growth Potential | Every 5 years the total annual rent increases by 7% during the full term of the Lease. There are four (4) 5 year options in which the annual rent increases by 7% rental increases, providing the landlord with positive rent growth and a hedge against inflation. • Strong Tenant Commitment | The lease features an initial term of 25 Years with an additional four (4) 5 year options to extend the lease until 2064, indicating strong commitment to the site. • Up-and-coming Convenience Retailer | Snappy’s is a full service convenience and gas retailer with a restaurant, alcohol sales, convenience items, and gasoline. • Brand New 2019 Build-to-Suit Development | This asset is a brand new build-to-suit delivered in October, 2019. • Beautiful Design | The design and architectural engineering of this facility is attractive following the models of Sheetz, Turkey Hill, Rudder’s, and… • Excellent Site-Level Visibility | Positioned along Route 53, this property has visibility from up to 12,000 vehicles per day. • Recession Resistant Guarantor | Snappy’s is a long established name in the Houtzdale community servicing the local residents and those traveling through Clearfield County, Pennsylvania.

Property Taxes

Property Taxes

Parcel Number
0100M1439200071
Land Assessment
$4,500
Improvements Assessment
$83,850
Total Assessment
$88,350
  • Listing ID: 19209688

  • Date on Market: 4/13/2020

  • Last Updated:

  • Address: 712 Elizabeth St, Houtzdale, PA 16651

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