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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
$3,658,085 CAD
Price Per SF
$2,092.73 CAD
Cap Rate
5%
NOI
$182,904 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 as the Southland Ice Company in Dallas and later grew into the 7-Eleven convenience brand. The company operates convenience retail stores and a franchise system, with banners and brands that include Speedway, Stripes, Laredo Taco Company, and Raise the Roost Chicken & Biscuits, while also offering signature food and drink items such as Slurpee and Big Gulp beverages. 7-Eleven continues as a global convenience retailer and remains focused on fast, everyday shopping across a wide network of stores.

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
$179,383 CAD
Improvements Assessment
$286,162 CAD
Total Assessment
$465,545 CAD
  • Listing ID: 37564973

  • Date on Market: 2025-09-05

  • Last Updated:

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

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