Chain supermarket in Pennsylvania State.
Description
The detached one-storey building with a leasable area of 839 m².
Financial performance
The annual income is 102,000 $.
The yield is 6.65%.
Tenants
The building is fully let. The tenant is a large chain of discount stores with more than 15,000 branches.
The lease agreement was concluded until 2035 with options for an extension of 3x5 years and an increase in the rental rate by 10%.
NNN lease.
Transaction costs
The brokerage fee is 3%.
Location and nearby infrastructure
The building is located in the State of Pennsylvania, less than a 2-hour drive from Philadelphia.
