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30 N 4th St - 30 N 4th Street 65,340 SF Specialty Building Offered at $9,978,662 CAD at a 8.25% Cap Rate in Easton, PA 18042
Investment Highlights
- The tenant, Easton Arts Academy Elementary Charter School, Inc., recently exercised its first 7-year option to extend the lease through August 2031
- Ideal, low-management investment opportunity for a passive investor Historic Downtown Easton | Highly-Walkable Location | Nearby National/Credit
- Nearby direct on off/ramp access to Interstate 78 a major thoroughfare averaging over 68,000 vehicles per day
- The lease features 3% rental increases every 5 years starting in August 2026 and continuing throughout the option periods thereafter, growing NOI and
- he 5-mile trade area is supported by over 125,000 residents and 45,000 employees, providing a direct consumer base from which to draw
Executive Summary
Broker of Record
Kyle Matthews
License No. CQ1066435 (FL)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Kyle Matthews
License No. CQ1066435 (FL)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Property Facts
| Price | $9,978,662 CAD | Lot Size | 0.35 AC |
| Price Per SF | $152.72 CAD | Building Size | 65,340 SF |
| Sale Type | Investment | No. Stories | 3 |
| Cap Rate | 8.25% | Year Built | 1923 |
| Property Type | Specialty | Parking Ratio | 2.94/1,000 SF |
| Property Subtype | Schools | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | 10RHD - DD - Downtown | ||
| Price | $9,978,662 CAD |
| Price Per SF | $152.72 CAD |
| Sale Type | Investment |
| Cap Rate | 8.25% |
| Property Type | Specialty |
| Property Subtype | Schools |
| Building Class | C |
| Lot Size | 0.35 AC |
| Building Size | 65,340 SF |
| No. Stories | 3 |
| Year Built | 1923 |
| Parking Ratio | 2.94/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | 10RHD - DD - Downtown |
Amenities
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
1 1
Exceptionally walkable
90/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | L9SE2A 4 1C 0310 | Improvements Assessment | $1,985,469 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,985,469 CAD |
Property Taxes
Parcel Number
L9SE2A 4 1C 0310
Land Assessment
$0 CAD
Improvements Assessment
$1,985,469 CAD
Total Assessment
$1,985,469 CAD
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30 N 4th St - 30 N 4th Street
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