Special offer

Triple Net Leased Investment in Philipsburg, PA

By
Real Estate Agent with RE/MAX Centre Realty AB067113

This Triple Net Leased Investment in Philipsburg, PA in ready for a new owner. 911 Walton StreetLooking for an investment property that you don’t have to manage? Just sit back and collect a check with this property as the tenant is responsible for EVERYTHING in this Triple Net leased property.  Currently 7 years left on this lease term with two 5 year options thereafter potentially taking this lease into 2030!  Rent increases built every single year of the lease.  PennDOT traffic counts are over 5900 cars per day past this property in a high visibility location.  Leased for over $2000 per month with 2% increases every year of the lease.  This property has over a 7.3% cap rate for a NNN lease.  For more information or location information visit www.PhilipsburgNNN.com

Connie Harvey
Pilkerton Realtors - Brentwood, TN
Realtor - Nashville TN Real Estate

Marc, I can't imagine why someone wouldn't snatch this up! Who doesn't like income producing properties!

May 19, 2013 08:33 AM