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Long John Silver's 6198 Cressona Mall 2,640 SF Retail Building Pottsville, PA 17901 $1,479,675 CAD ($560.48 CAD/SF) 5% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 12+ years left on absolute triple-net (NNN) lease
  • Long John Silver’s is the largest quick-service seafood chain in the U.S., with over 600 locations and more than 10,000 employees.
  • Adjacent to Cressona Mall and less than one mile from Penn State Schuylkill (800+ students)
  • 10% Increases Every 5 Years (Next Increase in 2 years)
  • Cressona Mall Road and Route 61, with combined traffic counts of over 33,000 vehicles per day
  • Surrounded by national and regional tenants including Staples, CVS, Planet Fitness, Giant Food Store, AutoZone, Burger King, McDonald’s

EXECUTIVE SUMMARY

Kidder Mathews and Bang Realty are pleased to present the exclusive offering of a Long John Silver’s located at 6198 Cressona Mall Road in Pottsville, Pennsylvania. The property comprises approximately 2,640 square feet on a 0.70-acre parcel at the signalized intersection of Route 61 and Cressona Mall Road, which sees combined daily traffic counts exceeding 33,000 vehicles. The asset is subject to an absolute triple-net (NNN) lease that commenced on July 8, 2022, and expires on July 31, 2037, providing over 12 years of remaining lease term. The lease features 10% rent increases every five years and multiple renewal options, with the tenant responsible for all expenses, offering truly passive income to the investor.
Strategically positioned along Pottsville’s primary retail corridor, the property is surrounded by a strong mix of national and regional tenants including Staples, CVS, Planet Fitness, Giant, AutoZone, McDonald’s, and more. The site benefits from proximity to major demand drivers such as Lehigh Valley Hospital – Schuylkill Campus (129 beds), Schuylkill Haven School District, and Penn State Schuylkill. Over 39,000 people reside within five miles, and more than 65,000 within ten miles of the property. This high-visibility, service-oriented location provides a stable, long-term investment opportunity in a core Pennsylvania market.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,640 SF
Building Class
C
Year Built
1974
Price
$1,479,675 CAD
Price Per SF
$560.48 CAD
Cap Rate
5%
NOI
$73,984 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.70 AC
Zoning
commercial

NEARBY MAJOR RETAILERS

Planet Fitness
Giant Food
Hoss's Steak & Sea House
Santander
Boyer's Food Markets

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
18-05-0143.001
Land Assessment
$92,933 CAD
Improvements Assessment
$180,396 CAD
Total Assessment
$273,329 CAD
  • Listing ID: 35538183

  • Date on Market: 2025-04-17

  • Last Updated:

  • Address: 6198 Cressona Mall, Pottsville, PA 17901

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