204 Wausau RdMiddleburg, PA 17842

Property Details for 204 Wausau Rd

Lot size

0.84 AC

Property type

Retail space

APN

10-03-237

APU

1003237

Description

This 12,800-square-foot Family Dollar storefront in Middleburg, Pennsylvania, presents a compelling value-add investment opportunity. Currently operating under a net-net lease with a single tenant, the property boasts a strong 11% cap rate and a substantial $77,000 net operating income (NOI). The existing Family Dollar lease, commencing June 30, 2008, and expiring June 30, 2025, offers a remaining term of approximately six months. The tenant has notified the landlord of their intent not to renew. This provides a unique opportunity for a buyer to secure a year of rent collection while actively seeking a new tenant or pursuing a lease buyout with the existing tenant, who has expressed interest in such an arrangement. The property, built in 2008, is a Class B, single-story building situated on a 0.83-acre lot. An additional 4,000 square feet of basement space, accessible via a separate entrance, offers significant potential for additional income generation through separate leasing. The asking price is $700,000, translating to $54.69 per square foot. The property's location in Middleburg, PA, zip code 17842, at 204 S Wausau Rd, offers excellent visibility and accessibility. This is an ideal opportunity for investors seeking a short-term hold with significant upside potential through lease renegotiation, backfilling, or redevelopment. The property is offered fee simple.

• CAP approach

  CAP return

  Valuation

  6%

  $8,685,748

  6.5%

  $8,017,614

  7%

  $7,444,927

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,423,846

  Geo Method

  $5,800,730

• Alternative Use

  Use

  Valuation

  Residential

  $6,763,157

  Hospitality

  $6,195,016

  Educational

  $5,154,180

  Medical

  $5,331,440

  Retail

  $8,017,614

Location Insight

City

Middleburg

County

Snyder

State

Pennsylvania

Latitude

40.7846

Longitude

-77.0439

CBSA code

42780

CBSA name

SELINSGROVE, PA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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].