Midtown Plaza 1900-1912 River Rd Local commercial 3 437 m² 97 % Loué À vendre North Apollo, PA 15673 1 852 897 € (539,04 €/m²) Taux de capitalisation 9,50 %

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INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT

Stabilized Investment Opportunity: 92% leased shopping center, with 2 vacant contiguous suites totaling +/- 2,500 square feet
Easily Accessible Site: Multiple points of Ingress/Egress from River Road & 19th Street providing easy access to the site with an abundance of parking
Neighboring Retail Tenants: Surrounded by tenants such as; Domino’s Pizza, SHOP n’ SAVE, Dollar General, Dairy Queen, Family Dollar, and more

Mark to Market Rents: The next owner has the opportunity to increase rents by converting leases from Gross to NNN leases and increasing rents
Strong Historical Occupancy: Three of the five tenants have been operating at the center since 2011 or earlier, showing the tenants’ commitment
New Roof & HVAC: Current ownership has recently invested $200,000 in a new roof (15-year warranty) and new HVAC systems

INFORMATIONS SUR L’IMMEUBLE

Type de vente

Investissement

Type de bien

Local commercial

Sous-type de bien

Local commercial

Surface de l’immeuble

3 437 m²

Classe d’immeuble

Année de construction

1965

Prix

1 852 897 €

Prix par m²

539,04 €

Taux de capitalisation

9,50 %

RNE

176 025 €

Pourcentage loué

97 %

Occupation

Multi

Hauteur du bâtiment

1 étage

Coefficient d’occupation des sols de l’immeuble

0,29

Surface du lot

1,17 ha

Zonage

B1 - Business District

Stationnement

125 places (36,36 places par 1 000 m² loué)

Façade

85 m sur River Rd

Enseigne sur pylône

Enseigne
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Longtime friends, Bob Busche and Jim Kearney, founded Puff Discount Tobacco in May of 1998. The two friends graduated together from Churchill Area High School now Woodland Hills. They started Puff as a way to earn some additional income while keeping full time jobs and starting to raise their families. Bob was employed by Betson Distributing as a long time salesman in the gaming and amusement industry. Jim was employed fulltime in physical therapy for Nova Care. Today Puff Discount Tobacco has 13 stores serving Western Pennsylvania and over 80 full and part time employees.