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Portfolio: Cuddebackville, NY ,.Chester, PA 1200-1204 Highland Ave 7,500 SF Retail Building Chester, PA 19013 $2,099,345 CAD ($279.91 CAD/SF) 7.50% Cap Rate
Executive Summary
INVESTMENT HIGHLIGHTS
• 7,500 SF Dollar General METRO Store | Full Brick Exterior
• Triple Net (NNN) 6 Year Lease with No Landlord Responsibilities
• Three, Five Year Options | 10% Rent Increases at Each Option
• Corporate Guarantee | “BBB” S&P Rating
• 7,500 SF Dollar General METRO Store | Full Brick Exterior
• Triple Net (NNN) 6 Year Lease with No Landlord Responsibilities
• Three, Five Year Options | 10% Rent Increases at Each Option
• Corporate Guarantee | “BBB” S&P Rating
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
7,500 SF
Building Class
B
Year Built
2017
Price
$2,099,345 CAD
Price Per SF
$279.91 CAD
Cap Rate
7.50%
NOI
$157,451 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.31 AC
Zoning
C - General Commercial
Parking
31 Spaces (4.13 Spaces per 1,000 SF Leased)
Frontage
318’ on Highland Avenue
Amenities
- Signage
Moderately walkable
60/100
Very drivable
80/100
Good public transit
60/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 49-11-01659-01 | Improvements Assessment | $2,515,128 CAD |
| Land Assessment | $71,946 CAD | Total Assessment | $2,587,074 CAD |
Property Taxes
Parcel Number
49-11-01659-01
Land Assessment
$71,946 CAD
Improvements Assessment
$2,515,128 CAD
Total Assessment
$2,587,074 CAD
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Videos
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Portfolio: Cuddebackville, NY ,.Chester, PA | 1200-1204 Highland Ave
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