520 Wyandotte StBethlehem, PA 18015

Property Details for 520 Wyandotte St

Property type

Retail properties

Property subtype

Drug stores

Description

This exceptional investment opportunity presents a portfolio of two high-performing retail properties located in desirable Pennsylvania and Virginia markets. The portfolio comprises two strategically positioned assets, each boasting a strong tenant profile and attractive financial metrics. The first property, a Walgreens located at 2400 George Washington Memorial Highway in Yorktown, Virginia, 23693, is offered at $6,850,000. This location generates a base rent of $480,000 annually, resulting in a compelling 7% capitalization rate. The second property, a TD Bank situated at 520 Wyandotte Street in Bethlehem, Pennsylvania, 18015, is priced at $1,925,000. This asset provides a stable base rent of $100,000 per year, translating to a 5.2% capitalization rate. Both properties are triple net (NNN) leased, meaning the tenant is responsible for all operating expenses, minimizing landlord responsibilities and maximizing passive income potential. This portfolio offers a diversified investment strategy with established tenants in high-traffic areas, promising a secure and profitable return for the discerning investor. The combined asking price for this exceptional portfolio is $8,775,000. Detailed financial statements and lease agreements are available upon request.

Location Insight

City

Bethlehem

County

Northampton

State

Pennsylvania

Latitude

40.608

Longitude

-75.3858

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].