4685 Birney AveMoosic, PA 18507
- Retail properties
- 2,500 SF
Property Details for 4685 Birney Ave
- Lot size
- 0.52 AC
- Property size (Sq ft)
- 2,500 SF
- Property type
- Retail properties
- Property subtype
- Other retail properties
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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