755 Kidder St - Fast Food FOR SALE


Wilkes Barre, PA 18702
$1,450,000 USD
332-345-4222
755 Kidder St, Wilkes Barre, PA for Sale
$1,450,000 USD
Fast Food - FOR SALE
1/2
null | 6.75% Cap Rate

755 Kidder St
Wilkes Barre, PA 18702


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 755 Kidder Street, Wilkes-Barre, PA 18702. The site consists of roughly 1,500 rentable square feet of building space on an estimated 3.4-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 $97,875 and has scheduled increases of 2.00% annually.

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/SF

$967 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.4 AC

LAND SF

148,104 SF

ZONING

C-4

APN/PARCEL ID

69-H10-00A-01B-000

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.