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14 Spring St
Tremont, PA 17981
NNN Family Dollar · Retail Property For Sale
Investment Highlights
- High Foot Traffic: 116,900 visits in the last 12 months, with 61,600 frequent visitors.
- Strong Lease: NNN lease with 7.5 years remaining, including an early 5-year renewal exercised 2.5 years early, showing 25 years of tenant commitment.
- Expansion Potential: Landlord can expand the building to 10,500 SF, though the tenant is currently satisfied with the existing footprint.
- Sales Performance: 12.22% sales increase (2021-2023) with a 3.89% Rent/Sales ratio, showcasing efficiency and growth.
- Prime Location & Accessibility: 8,000 sq ft in downtown Tremont with 30 parking spaces, close to I-81 and US-209.
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,000 SF
Building Class
C
Year Built
2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
0.72 AC
Zoning
C - Commercial
Parking
30 Spaces (3.75 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Air Conditioning
Property Taxes
| Parcel Number | 67-04-0203.000 | Improvements Assessment | $738,800 |
| Land Assessment | $24,700 | Total Assessment | $763,500 |
Property Taxes
Parcel Number
67-04-0203.000
Land Assessment
$24,700
Improvements Assessment
$738,800
Total Assessment
$763,500
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