3611 Easton RdDoylestown, PA 18902

  • Retail properties
  • 3,032 SF
For Sale
$4,121,000 View listing

Property Details for 3611 Easton Rd

Year built
1997
Lot size
1.26 AC
Property size (Sq ft)
3,032 SF
Property type
Retail properties
Property subtype
Other retail properties

Description

This exceptional investment opportunity presents the fee simple interest in a thriving Global Gas station and convenience store located at a signalized intersection in Doylestown, Pennsylvania, within the Philadelphia MSA. The property, built in 1997, encompasses 3,032 square feet on a 1.26-acre lot and boasts a 100% occupancy rate under a triple-net (NNN) lease with Global Gas, a subsidiary of Global Partners LP (NYSE: GLP), a leading Northeast energy company. The current lease, with a remaining term of 5.7 years, expires August 17, 2030, and includes three (3) five (5) year renewal options with annual rent bumps of 1.5%. The property generates a substantial net operating income (NOI) of $247,254, resulting in a compelling 6.00% cap rate. The tenant benefits from a strong corporate guarantee and enjoys high visibility due to its location on a major intersection with high daily traffic volume (N Easton Rd: 8,900 VPD

3611 Easton Rd, Doylestown, Pennsylvania

Location Insight

City
Doylestown
County
Bucks
State
Pennsylvania
Latitude
40.3285
Longitude
-75.1291

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].