Log In/Sign Up
Your email has been sent.
Zen Leaf - Altoona PA 590 W Plank Rd 10,606 SF Retail Building Altoona, PA 16602 $3,578,711 CAD ($337.42 CAD/SF) 8% Cap Rate
Investment Highlights
- Corporate Guaranteed Lease | Options To Extend | 2% Annual Increases | 7 Years Remaining
- Outparcel to Logan Valley Mall | Heart of Altoona’s Retail Corridor | Strong Tenant Presence | Park Hills Plaza | Placer.ai Data
Executive Summary
Zen Leaf has 7 years remaining on their lease with 4 (5-year) options to extend, demonstrating their commitment to the site
U.S. Cannabis retail sales is one of the fastest growing industries in the country and are expected to surpass $50B annually within the next five years
U.S. Cannabis retail sales is one of the fastest growing industries in the country and are expected to surpass $50B annually within the next five years
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,606 SF
Building Class
C
Year Built
2020
Price
$3,578,711 CAD
Price Per SF
$337.42 CAD
Cap Rate
8%
NOI
$286,300 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
42.31 AC
Frontage
110’ on West Plank Road
Amenities
- Air Conditioning
Nearby Major Retailers
Property Taxes
| Parcel Number | 14-00019969 | Improvements Assessment | $10,818,967 CAD |
| Land Assessment | $10,258,663 CAD | Total Assessment | $21,077,630 CAD |
Property Taxes
Parcel Number
14-00019969
Land Assessment
$10,258,663 CAD
Improvements Assessment
$10,818,967 CAD
Total Assessment
$21,077,630 CAD
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Zen Leaf - Altoona PA | 590 W Plank Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.