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1306 Memorial Blvd 2,822 SF Retail Building Connellsville, PA 15425 For Sale
INVESTMENT HIGHLIGHTS
- Strong Rental Increase 5.00% Increase Every Five Years
- Strong Presence of Academic Institutions Geibel Catholic Junior-Senior High School, Connellsville Area High School, Conn-Area Catholic School
- Dense Retail Corridor
EXECUTIVE SUMMARY
NNN Pro is pleased to present the exclusive listing for a KFC located at 1306 N. Memorial Blvd, Connellsville, PA. The site consists of roughly 2,822 rentable square feet of building space on an estimated 0.4-acre parcel of land. This KFC is subject to a 20-year Triple Net (NNN) lease, which commenced 9/12/2028. The current annual rent is $72,240 and has
scheduled increases of 5.00% Every 5 Years.
scheduled increases of 5.00% Every 5 Years.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,822 SF
Building Class
B
Year Built
1985
NOI
$99,872 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.40 AC
Zoning
Retail
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 06-04-0011 | Improvements Assessment | $148,951 CAD |
| Land Assessment | $15,788 CAD | Total Assessment | $164,739 CAD |
PROPERTY TAXES
Parcel Number
06-04-0011
Land Assessment
$15,788 CAD
Improvements Assessment
$148,951 CAD
Total Assessment
$164,739 CAD
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1306 Memorial Blvd
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