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7-Eleven | 9+yrs Corp Abs NNN w/ Annual Incrs 840 Bellefonte Ave 1,748 SF Retail Building Lock Haven, PA 17745 $2,623,280 ($1,500.73/SF) 5% Cap Rate
Investment Highlights
- 9+ Years Remaining | Annual Rental Increases | Established Brand
- Dense Retail Corridor | Strong National/Credit Tenant Presence | Lock Haven University of Pennsylvania
- Strong Demographics in 5-mile Trade Area
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Signalized, Hard Corner Intersection | Excellent Visibility & Access
Executive Summary
5 (5-year) options to extend, demonstrating their commitment to the site
• The lease features 1.00% annual rental increases throughout the initial term and options thereafter, growing NOI and hedging against inflation
• 7-Eleven, Inc. is the premier name in the U.S. convenience-retailing industry. Based in Irving, Texas, 7-Eleven operates, franchises and/or licenses more than 14,000 stores in the U.S. and Canada
Property Facts
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
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- Retailer
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99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
7-Eleven began in 1927 as an ice vendor in Dallas, Texas called Southland Ice Company. It eventually started selling food items like bread, milk, and eggs, which led to the first convenience stores. The name changed to 7-Eleven in 1946 to reflect the extended hours from 7 am to 11 pm. 7-Eleven grew rapidly in the following decades, pioneering ideas like 24/7 stores and to-go coffee. While it started in the US, it now has a significant global presence with stores in many countries. The stores sell a variety of products including snacks, beverages, prepared foods, and gasoline.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 023-11836 | Improvements Assessment | $208,500 |
| Land Assessment | $130,700 | Total Assessment | $339,200 |
Property Taxes
Presented by
7-Eleven | 9+yrs Corp Abs NNN w/ Annual Incrs | 840 Bellefonte Ave
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