433 Douglass StReading, PA 19601

This exceptional investment opportunity presents a 9,100 square foot Family Dollar storefront in Reading, Pennsylvania, on a fee-simple basis. The property boasts a strong 9% cap rate and a net lease structure with minimal landlord responsibilities, limited to roof, parking lot, and building structure. The current lease, with a corporate guarantee and credit-rated tenant, expires December 31, 2027, offering 3.1 years remaining with a five-year option at a 10% rent increase. Built in 2005 and renovated the same year, this single-tenant property enjoys 100% occupancy since its inception in September 2005. The property features 10 parking spaces on a 0.36-acre lot. The strong-performing store shows a 4.9% rent-to-sales ratio in 2023 (details available upon request). The location benefits from excellent demographics, with over 250,000 residents within a 7-mile radius and average household incomes exceeding $99,000. The property's proximity to major cities like Allentown, Philadelphia, and Wilmington further enhances its investment appeal. The annual net operating income (NOI) is $98,494, making this a compelling addition to any portfolio. The asking price is $1,094,377. APN: 5307-55-34-4649.