58 Station Cir - Fast Food FOR SALE


Hazleton, PA 18202
$1,368,902 USD
914-403-7574
58 Station Cir, Hazleton, PA for Sale
$1,368,902 USD
Fast Food - FOR SALE
1/2
null | 6.5% Cap Rate

58 Station Cir
Hazleton, PA 18202


HIGHLIGHTS

  • 20-Year Triple-Net (NNN) Lease
  • Attractive Rental Increases
  • 1, 5-Year Option and 1, 4.11-Year Option

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a Sonic located at 58 Station Circle, Hazleton, PA 18202. The site consists of roughly 1,460 rentable square feet of building space on an estimated 1.23-acre parcel of land. This Sonic is subject to a 20- year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $88,979 and has scheduled increases of 2.00% Annually.

FOR SALE DETAILS

PRICE

$1,368,902 USD

PRICE/SF

$938 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sonic

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

1.23 AC

LAND SF

53,579 SF

ZONING

Commercial

APN/PARCEL ID

26-U7-00A-38E-000

ASK ABOUT THIS PROPERTY

Matthew AnuszkiewiczNNN Pro GroupMore Info
914-403-7574

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Matthew AnuszkiewiczNNN Pro GroupMore Info
914-403-7574

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