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4650 Jonestown Rd
Harrisburg, PA 17109
Verizon Wireless · Retail Property For Sale
Executive Summary
This offering represents a rare opportunity to acquire a single-tenant retail property occupied by Verizon Wireless, one of the largest wireless telecommunications providers in the United States with over 6,300 retail locations.? The property is ideally positioned along Jonestown Road (Route 22) amongst all of the retail traffic drivers in a densely populated and affluent trade area of Harrisburg, Pennsylvania.? The tenant has demonstrated a long-term commitment to the location, having operated since 2007, providing stability and predictability to the investment.? The lease structure features limited landlord responsibility of only roof and structure, minimizing operating expenses and maximizing net income to the owner.?
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,500 SF
Building Class
C
Year Built
1997
Price
$3,069,108 CAD
Price Per SF
$876.89 CAD
Cap Rate
6%
NOI
$184,146 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.96 AC
Property Taxes
| Parcel Number | 35-042-194 | Improvements Assessment | $185,393 CAD |
| Land Assessment | $671,650 CAD | Total Assessment | $857,043 CAD |
Property Taxes
Parcel Number
35-042-194
Land Assessment
$671,650 CAD
Improvements Assessment
$185,393 CAD
Total Assessment
$857,043 CAD
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