4685 Birney AveMoosic, PA 18507

Property Details for 4685 Birney Ave

Lot size

0.52 AC

Property size (Sq ft)

2,500 SF

Property type

Retail properties

Property subtype

Gas stations

Description

This exceptional investment opportunity presents a fee-simple, 2,500 square foot gas station in Moosic, Pennsylvania, boasting a 20-year absolute NNN lease with a reputable, growing operator. The property features a strong 8% cap rate and a substantial NOI of $200,089, supported by a 2.5% annual rent increase. Located on a 0.52-acre lot at 4685 Birney Ave, Moosic, PA 18507, this single-tenant property offers a passive investment with minimal landlord responsibilities. The lease includes four 5-year renewal options, ensuring long-term stability and predictable cash flow. Financial performance data for the past three years is available for review, showcasing consistent profitability and growth. The tenant is a well-established operator with a proven track record in the convenience store and gas station industry, providing a strong guaranty. This property is an ideal addition to any diversified portfolio, offering significant tax advantages through bonus depreciation. The asking price is $2,501,113, representing a price per square foot of $1,000.45. The business itself is not for sale

Location Insight

City

Moosic

County

Lackawanna

State

Pennsylvania

Latitude

41.3552

Longitude

-75.7241

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