1900-1912 River Rd - Retail FOR SALE
North Apollo, PA 15673 |
$2,150,930 USD
312-269-0220
1900-1912 River Rd
North Apollo, PA 15673
HIGHLIGHTS
- Stabilized Investment Opportunity: 92% leased shopping center, with 2 vacant contiguous suites totaling +/- 2,500 square feet
- Mark to Market Rents: The next owner has the opportunity to increase rents by converting leases from Gross to NNN leases and increasing rents
- Easily Accessible Site: Multiple points of Ingress/Egress from River Road & 19th Street providing easy access to the site with an abundance of parking
- Strong Historical Occupancy: Three of the five tenants have been operating at the center since 2011 or earlier, showing the tenants’ commitment
- Neighboring Retail Tenants: Surrounded by tenants such as; Domino’s Pizza, SHOP n’ SAVE, Dollar General, Dairy Queen, Family Dollar, and more
- Established Anchor Tenant: The Salvation Army ranks in the top 75% in Pennsylvania and has nearly 6,000 visits a month
FOR SALE DETAILS
PRICE
$2,150,930 USD
PRICE/SF
$58 USD /SF
CAP RATE
9.5%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Midtown Plaza
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1965
SPRINKLERS
-
PARKING SPACES
125
LAND DETAILS
CROSS STREETS
Rte. 66
LAND ACRES
2.89 AC
LAND SF
125,932 SF
ZONING
B1
APN/PARCEL ID
31-0-021832
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
312-269-0220
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
312-269-0220
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
