549 Doylestown Rd - Service Station FOR SALE
Lansdale, PA 19446 |
$3,348,000 USD
215-603-6914
549 Doylestown Rd
Lansdale, PA 19446
HIGHLIGHTS
- Fee simple build-to-suit ownership of petroleum dispensing properties typically qualify for 15-Year accelerated depreciation
- Corporately guaranteed by Global Partners LP, a publicly traded company (NYSE: GLP) with an S&P credit rating of B+ (Guarantor) and over 1,600 sites
- Tenant signed a 10 year NNN lease in 2020 with zero Landlord responsibilities or expenses
- The Lease features 1.5% annual rental increases that continue through the base term and all options periods
- Signalized hard corner location with access points on both County Line Road and Doylestown Road/Route 202 which sees combined 43,538 VPD
- The subject property sits on the county line of Montgomery County and Bucks County, the 2nd and 3rd wealthiest counties in the state
OVERVIEW
CBRE IS PLEASED TO EXCLUSIVELY PRESENT FOR SALE this Global gas station and Dunkin’ Donuts conveniently located at 549 Doylestown Rd, Lansdale, PA 19446, in a vibrant section of Lansdale. This investment opportunity offers a property master leased to Global who guarantees all of the rent and subleases a portion of the gas station to Dunkin’ Donuts. The area is surrounded by a variety of national and local businesses, including Wawa, CVS Pharmacy, and various retail stores and restaurants.
FOR SALE DETAILS
PRICE
$3,348,000 USD
PRICE/SF
$1,078 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Global & Dunkin' | Lansdale PA
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Service Station
ADD'L SUBTYPES
Convenience Store, Freestanding, Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1998
SPRINKLERS
-
PARKING SPACES
13
LAND DETAILS
LAND ACRES
1.96 AC
LAND SF
85,569 SF
ZONING
C
APN/PARCEL ID
46-00600002
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215-603-6914
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215-603-6914
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