639 Hamlin Hwy - Drug Store FOR SALE
Lake Ariel, PA 18436 |
$5,750,000 USD
248-702-0288
639 Hamlin Hwy
Lake Ariel, PA 18436
HIGHLIGHTS
- Absolute Net Lease Structure: The lease provides zero landlord responsibilities for an incoming investor
- Strong Placer AI Data: The subject property ranks at the 88th percentile in the state of PA and 90th percentile within a 50 mile radius
- Hard Corner Location: Subject property benefits of being located on a hard corner signalized intersection
- Affluent Community: Average household income within a 3 mile radius exceeds $79,697
- Location and Accessibility: Lake Ariel is located in Wayne County in northeastern Pennsylvania
FOR SALE DETAILS
PRICE
$5,750,000 USD
PRICE/SF
$420 USD /SF
CAP RATE
8.38%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Rite Aid
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2009
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.48 AC
LAND SF
64,469 SF
ZONING
RR
APN/PARCEL ID
032120
ASK ABOUT THIS PROPERTY
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248-702-0288
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248-702-0288
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