115 5Th StEllwood City, PA 16117

  • Retail properties
  • 14,888 SF
For Sale
$5,000,000 View listing

Property Details for 115 5Th St

Lot size
1.25 AC
Property size (Sq ft)
14,888 SF
Property type
Retail properties
Property subtype
Retail space
APN
13-039200
APU
13039200

Description

This exceptional investment opportunity presents a fee-simple ownership of a Rite Aid pharmacy located at 115 5th St, Ellwood City, PA 16117. The property boasts 13,824 square feet on a 1.25-acre lot, built in 2005. Currently operating under a triple-net (NNN) lease with a corporate guarantee, the property offers a secure, passive income stream. The lease, originally commencing March 9, 2005, has a remaining term of approximately 12.3 years, expiring February 28, 2037. The current annual net operating income (NOI) is $400,000, representing an attractive 8.00% cap rate on the $5,000,000 asking price. The property benefits from a prime location on a signalized hard corner lot within Ellwood City's main retail corridor, featuring high visibility with a large pylon sign, ample parking, multiple access points, and a drive-thru. The site enjoys significant traffic volume, with 11,220 vehicles passing daily on 5th Street, and is conveniently located near major national retailers and the Ellwood City Health Center. This is a rare opportunity to acquire a well-established, high-performing retail property with a long-term lease and strong tenant in a desirable location. The property's size, location, and tenant history make it an ideal addition to any diversified investment portfolio.

115 5Th St, Ellwood City, Pennsylvania

Location Insight

City
Ellwood City
County
Lawrence
State
Pennsylvania
Latitude
40.861
Longitude
-80.2869
CBSA code
35260
CBSA name
NEW CASTLE, PA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$39,940
$272,300
$818,700
$1,091,000
-
$272,300
$818,700
$1,091,000

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