215 S Stevens St 8,000 SF Retail Building Shinglehouse, PA 16748 $1,435,803 CAD ($179.48 CAD/SF) 7% Cap Rate

This long-term net-leased investment offers over 14 years of committed tenancy with automatic renewal options, providing stable income and minimal landlord responsibilities. The 8,000-square-foot building, recently renovated and backfilled by Goodwill in 2024, reflects the tenant’s strategic expansion and long-term operational confidence. Under a double net lease, Goodwill is responsible for taxes, insurance, parking lot upkeep, and snow removal, while the landlord maintains only the roof, structure, and HVAC systems. Scheduled rental increases every five years enhance yield and support predictable cash flow. Located directly across from the Oswayo Valley School District and less than half a mile from a newly constructed Dollar General Market, the property benefits from strong community visibility and residential proximity. Its position near the Pennsylvania–New York border also offers regional access to Pittsburgh and Buffalo, making it a compelling asset for investors seeking durable tenancy and location-driven value.