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More details for 1451 Old Broadhead Rd, Monaca, PA - Retail for Sale

Ascend Cannabis Dispensary - 1451 Old Broadhead Rd

Monaca, PA 15061

  • NNN Property
  • Retail for Sale
  • $6,707,903 CAD
  • 7,876 SF

Monaca Retail for Sale - Beaver County

Marcus & Millichap is pleased to offer for sale to qualified investors the opportunity to purchase a fee-simple interest in the Ascend Cannabis Dispensary asset located in Monaca, Pennsylvania (the “Property”). The Property is located 25 miles northwest of Pittsburgh and 16 miles from Pittsburgh International Airport and is part of the Pittsburgh metropolitan area. It consists of a 7,876-square-foot freestanding retail building on a 1.26-acre parcel of land. Ascend is operating under an absolute NNN lease with zero landlord responsibilities whatsoever, offering a truly passive investment asset. The lease has over 11 years of term remaining, and features attractive 3 percent annual rent escalations throughout the base term, providing investors with a boost to overall cash flows and a significant hedge against inflation. Broker of Record: Timothy Stephenson, Jr., Broker of Record, Marcus & Millichap Real Estate Investment Services, 2005 Market St., Ste. 1510, Philadelphia, PA 19103, P: (215) 531-7000, Lic #: RMR006104, Firm Lic #: RB062197C

Contact:

Frontline Real Estate Partners

Property Subtype:

Freestanding

Date on Market:

2024-08-30
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