15100 Kutztown Rd - Storefront FOR SALE


Kutztown, PA 19530
$2,975,207 USD
332-345-4222
15100 Kutztown Rd, Kutztown, PA for Sale
$2,975,207 USD
Storefront - FOR SALE
1/2
null | 6% Cap Rate

15100 Kutztown Rd
Kutztown, PA 19530


HIGHLIGHTS

  • Long-Term 20-Year NNN Sale-Leaseback
  • Strong Corporate Guarantee
  • Recession Resistent Due to Non Discretionary Nature of Services
  • Attractive Rent Increases and Renewal Options

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a Mavis Discount Tire located at 15100 Kutztown Rd, Kutztown, PA, 19530. The site consists of roughly 6,797 rentable square feet of building space on an estimated 1.34-acre parcel of land. This Mavis Discount Tire is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $178,512 and has scheduled increases of 5.00% Every 5 Years.

FOR SALE DETAILS

PRICE

$2,975,207 USD

PRICE/SF

$21 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mavis Discount Tire

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.34 AC

LAND SF

58,370 SF

ZONING

commercial

APN/PARCEL ID

63-5443-19-52-2153

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.