Listed by Colliers - Allentown, Pennsylvania
$1,450,000
1229 SCHADT AVE WHITEHALL PA 18052-3847
Details
APN 549865112731
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 3,117
Units 1
NOI $102,000
Tenancy Single
Lease Type NNN
Lease Term 10
Lease Expiration 01/01/2033
Remaining Term 7
Rent Bumps Yes
Lease Options 4 (5) year options
Year Built 2005
Stories 1
Acreage 1.700
Investment Type Stabilized
Tenant Credit Franchisee
Lease Commencement 01/01/2023
Ground Lease No
Sale Condition 1031 exchange
1229 Schadt Ave, Whitehall, Pa
Marketing description
100% leased to a multi-unit Arby's franchisee with +/- 7 years left on the initial term. (4) 5 year options. $102,000 NNN -no landlord responsibilities.
Investment highlights
Colliers is pleased to present, on behalf of ownership, the opportunity to acquire the fee simple interest in 1229 Schadt Avenue in Whitehall, Lehigh County, Pennsylvania. The Property is a well-positioned commercial asset situated within a densely populated and established retail corridor, benefiting from strong surrounding demographics and convenient access to major thoroughfares in the Lehigh Valley. This offering presents investors with the opportunity to acquire a strategically located asset in one of the region's most active retail submarkets.
Listing Contacts
Listed by Colliers - Allentown, Pennsylvania
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$102,000.00
$8,500.00/mo
Valuation Metrics
0
DSCR
7.03%
Cap Rate
7.03%
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Title
Is there information that looks off?
