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1107 Million Dollar Hwy 3,000 SF Retail Building Saint Marys, PA 15857 $2,407,693 CAD ($802.56 CAD/SF) 8% Cap Rate



Investment Highlights
- NN Lease
- Affluent Suburban Community
- Corporate Guarantee
- Across Street From Walmart Supercenter
Executive Summary
Surmount is pleased to present the exclusive listing for a Verizon located at 1107 Million Dollar Highway, Saint Marys, PA 15857. The site consists of roughly 3,000 rentable square feet of building space on an estimated .78-acre parcel of land. Verizon is subject to a 10.01-year Double Net (NN) lease, which commenced 1.4.2019. The current annual rent is $140,625 and has scheduled increases of 10.00% Every 5 Years.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,000 SF
Building Class
C
Year Built
2019
Price
$2,407,693 CAD
Price Per SF
$802.56 CAD
Cap Rate
8%
NOI
$192,615 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.78 AC
Frontage
107’ on Million Dollar Hwy
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 03-13-301-9787 | Improvements Assessment | $116,117 CAD |
| Land Assessment | $5,184 CAD | Total Assessment | $121,301 CAD |
Property Taxes
Parcel Number
03-13-301-9787
Land Assessment
$5,184 CAD
Improvements Assessment
$116,117 CAD
Total Assessment
$121,301 CAD
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1107 Million Dollar Hwy
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