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441 Alden Ave
Morrisville, PA 19067
7-Eleven · Retail Property For Sale
Investment Highlights
- Recent 10 Yr Lease Extension | 65+ Years of Operating History Showing Strong Commitment To Site
- Prominent Demographics | 1-Mile AVG HHI Exceeds: $130K+ | 5-Mile: Population Exceeds 259,000
- Triple "NNN" Net Lease | Landlord Responsible For Structure Only
- 10% Rent Increases Every Five Years | (4) Five Year Options
- 2,620 SF Single Tenant Net Lease 7-Eleven Situated on .37 Acres
- Less Than 3 Miles From Mercer County College & Thomas Edison State University | 20 Minutes Outside Philadelphia
Executive Summary
Recent 10 Yr Lease Extension | 65+ Years of Operating History Showing Strong Commitment To Site
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,640 SF
Building Class
C
Year Built
1960
Price
$2,588,895 CAD
Price Per SF
$980.64 CAD
Cap Rate
5.25%
NOI
$135,900 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.37 AC
Zoning
13NC
Frontage
126’ on Alden Ave
Property Taxes
| Parcel Number | 13-033-007-004 | Improvements Assessment | $36,204 CAD |
| Land Assessment | $21,418 CAD | Total Assessment | $57,622 CAD |
Property Taxes
Parcel Number
13-033-007-004
Land Assessment
$21,418 CAD
Improvements Assessment
$36,204 CAD
Total Assessment
$57,622 CAD
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