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1105 Scott St 8,514 SF 100% Leased Retail Building Brodheadsville, PA 18322 $1,208,747 CAD ($141.97 CAD/SF) 6.30% Cap Rate
Investment Highlights
- NN Lease with Annual Esclations
- Recent Tenant Investment in Property
- 14,000+ ADT Rt 209
- Three 5-Year Renewal Extensions
- 330+' RT 209 Road Frontage
Executive Summary
Opportunity to own a recently opened and renovated 2,500 SQFT Enterprise Rent-A-Car Rental NN Lease with prorated reimbursement on property taxes and common area maintenance. Three 5-year renewals remain with 2% increases annually. Enterprise recently remodeled in 2023 - demonstrating their investment in this location.
The adjoining Residential unit is 3 Beds, 2.5 Baths with updated HVACs, flooring, plumbing, and electrical. The property presents an ideal opportunity to invest in a strong commercial tenant, diversified with a residential tenant. Current Gross Income $63,000, with an NOI of $53,500/yr with a calculated CAP Rate of 6.3%.
Near Kinsley’s ShopRite, Autozone, Dollar General, Dunkelberger's Sports Outfitter, Ace Hardware and Weis Markets.
The adjoining Residential unit is 3 Beds, 2.5 Baths with updated HVACs, flooring, plumbing, and electrical. The property presents an ideal opportunity to invest in a strong commercial tenant, diversified with a residential tenant. Current Gross Income $63,000, with an NOI of $53,500/yr with a calculated CAP Rate of 6.3%.
Near Kinsley’s ShopRite, Autozone, Dollar General, Dunkelberger's Sports Outfitter, Ace Hardware and Weis Markets.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,514 SF
Building Class
C
Year Built/Renovated
1902/2023
Price
$1,208,747 CAD
Price Per SF
$141.97 CAD
Cap Rate
6.30%
NOI
$76,151 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.16
Lot Size
1.24 AC
Zoning
C - Commercial
Parking
31 Spaces (7.67 Spaces per 1,000 SF Leased)
Frontage
341’ on U.S. 209
Amenities
- Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 02.9C.1.14 | Improvements Assessment | $312,651 CAD |
| Land Assessment | $145,790 CAD | Total Assessment | $458,441 CAD |
Property Taxes
Parcel Number
02.9C.1.14
Land Assessment
$145,790 CAD
Improvements Assessment
$312,651 CAD
Total Assessment
$458,441 CAD
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1105 Scott St
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