Prime Commercial Investment Opportunity - Turkey Hill, Scranton, PAERA One Source Realty is pleased to exclusively present an exceptional investment opportunity at 750 Providence Rd., Scranton, PA. This property features a Turkey Hill Mini Market with a strong corporate guarantee from EG Group, a leading international convenience store operator.Key Highlights:Location and Visibility:Strategically located in Scranton, PA, this property benefits from high visibility and accessibility. Positioned in a bustling area, it attracts a steady flow of local and commuter traffic.Tenant Strength and Lease Structure:Turkey Hill, a well-established convenience store brand, is backed by EG Group, which operates over 267 locations across Pennsylvania, Ohio, and Indiana. The tenant brings long-term stability, with a lease structure that includes predictable rent escalations every five years.Property Details:Pricing: $1,700,000.Net Operating Income (NOI): $87,725 (Turkey Hill)Lease Term: Robust 15-year lease with (6) 5 year options with increases every five years ensures long-term value.Developable Potential:In addition to the existing Turkey Hill Mini Market, the property includes developable land, offering investors the opportunity to enhance the site's income potential or create complementary uses.Market and Demographics:Located in Scranton, PA, a city undergoing revitalization with a strong industrial heritage and a thriving arts scene.Population within 5 miles exceeds 123,000, with a median household income of $56,251.Surrounded by a mix of residential, commercial, and educational institutions, ensuring a diverse customer base.
Tahun | Jumlah pajak | |
---|---|---|
2024 | USD $0 | THB ฿0* |
*Harga disesuaikan dengan nilai tukar mata uang yang berlaku. thinkofliving.com maupun afiliasinya tidak bertanggung jawab jika terjadi ketidakakuratan penerapan nilai tukar. thinkofliving.com merekomendasikan Anda untuk melakukan verifikasi semua informasi sebelum memutuskan.
Email enquiry to ERA One Source Realty
Properti ID: 110095834477
Asli Properti ID: 3yd-GSBRPA-SC5977