408 N Keystone Ave, Sayre, PA 18840
sale
$225,000
|
Other
Courtesy Of Howard Hanna Realty Pioneers - Sayre
Single tenant commercial building under a true triple net lease providing a hands off investment for a new owner. The sale is for the real estate only and is contingent upon the buyer assuming the existing long term NNN lease. The tenant has never missed a payment and is responsible for all maintenance and repairs with the owner's only expense being property taxes. Located in the heart of Sayre on one of the area's most traveled corridors, the property includes a full unfinished basement with concrete floors suitable for storage or conversion. Offered at approximately $83.71 per finished square foot and $51.51 per total square foot, the property generates $1,895 per month in rent with an estimated NOI of $17,290 and a cash purchase cap rate of approximately 7.68%. Don't miss this rare opportunity to acquire a stabilized triple net leased commercial property in a prime location!
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Cooling System: Central Air
- Exterior Type: Vinyl Siding
- Exterior Type: Stone
- Heating System: Forced Air
- Heating System: Natural Gas
- MLSID: 31725850
- Roof Type: Shingle
- Rooms: Bathroom 2
- Rooms: Bathroom 1
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