335 Main StGreenville, PA 16125

  • Retail properties
  • 1.35 AC
For Sale
$1,700,000 View listing

Property Details for 335 Main St

Lot size
1.35 AC
Property type
Retail properties
Property subtype
Other retail properties

Description

This exceptional investment opportunity presents a single-tenant, 11,200 square foot Rite Aid pharmacy located at 335 Main St, Greenville, Pennsylvania, 16125. The property sits on a 1.35-acre lot and boasts a strong 100% occupancy rate with a current gross lease in place. The lease commenced September 1st, 2024, and has a remaining term of approximately 4.1 years, expiring December 31st, 2028. The current lease provides a substantial Net Operating Income (NOI) of $192,804, yielding an attractive 11.34% capitalization rate. The asking price is $1,700,000, translating to a land value of $152 per square foot. Six five-year lease options are included, providing long-term stability and predictable income growth. This well-established pharmacy benefits from its location in Mercer County, Pennsylvania, and offers a secure investment with a proven tenant and a considerable remaining lease term. The property is a single building and represents a compelling opportunity for investors seeking a stable, high-yield retail investment in a desirable location. Detailed financial information is available upon request.

335 Main St, Greenville, Pennsylvania

Location Insight

City
Greenville
County
Mercer
State
Pennsylvania
Latitude
41.4078
Longitude
-80.3791

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