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Investment Highlights

  • 9+ Years Remaining | Annual Rental Increases | Established Brand
  • Dense Retail Corridor | Strong National/Credit Tenant Presence | Lock Haven University of Pennsylvania
  • Strong Demographics in 5-mile Trade Area
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Signalized, Hard Corner Intersection | Excellent Visibility & Access

Executive Summary

• The tenant currently has 9+ years remaining on their initial lease with
5 (5-year) options to extend, demonstrating their commitment to the site
• The lease features 1.00% annual rental increases throughout the initial term and options thereafter, growing NOI and hedging against inflation
• 7-Eleven, Inc. is the premier name in the U.S. convenience-retailing industry. Based in Irving, Texas, 7-Eleven operates, franchises and/or licenses more than 14,000 stores in the U.S. and Canada

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
1,748 SF
Building Class
C
Year Built
1970
Price
$3,582,508 CAD
Price Per SF
$2,049.49 CAD
Cap Rate
5%
NOI
$179,125 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.04 AC
Opportunity Zone
Yes
Zoning
General Commercial
Parking
15 Spaces (8.58 Spaces per 1,000 SF Leased)
Frontage
19’ on 2nd Ave

Amenities

  • Pylon Sign
  • Signage
  • Signalized Intersection

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Retailer
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

7-Eleven began in 1927 and grew from an early convenience concept into a global convenience retailer. The company operates, franchises, and licenses a broad store network in the United States and Canada, and its brand family includes Speedway, Stripes, Laredo Taco Company, and Raise the Roost Chicken and Biscuits. 7-Eleven also offers proprietary services and products such as 7NOW, 7Rewards, Speedy Rewards, and 7-Eleven Fleet, reflecting a business that spans retail, foodservice, fuel, and digital convenience. The company presents itself as the world’s first convenience retailer and continues to focus on serving customer needs across its store and brand portfolio.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Retailer 99,999 SF - Lorem Ipsum Jan 0000
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Nearby Major Retailers

Weis Markets
First Commonwealth Bank
Santander
Starbucks
Rent-A-Center
Northwest Bank

Property Taxes

Property Taxes

Parcel Number
023-11836
Land Assessment
$181,842 CAD
Improvements Assessment
$290,084 CAD
Total Assessment
$471,926 CAD
  • Listing ID: 37564973

  • Date on Market: 2025-09-05

  • Last Updated:

  • Address: 840 Bellefonte Ave, Lock Haven, PA 17745

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