Turkey Hill - Absolute NNN Ground Lease

132 W Lancaster Avenue, Downingtown, PA 19335

 

Offering Memorandum

Turkey Hill NNN Ground Lease | Maclane’s Automotive NN Lease

Convenience Store with Gas & Automotive Service Shop

Property Details

  • Convenience Store with Gas & Automotive Service Shop
  • Turkey Hill: 4,533 SF
  • Maclane’s : 2,200 SF
  • The property sits on .78 acres off Lancaster Avenue, which is the main thoroughfare in the city of Downingtown.
  • Enjoys traffic from a densely populated residential market.
  • Located within .5 miles of Planet Fitness, Rite Aid, Key Bank, McDonald’s, Wawa, and a number of other national retailers.
  • Strong traffic counts with over 16,000 vehicles per day on Lancaster Ave.
  • Rare 21% increase in first option for Turkey Hill.

Investment Highlights

  • Asking Price: $1,320,000
  • CAP Rate: 6.50%
  • Turkey Hill: Absolute NNN Ground Lease
  • Maclane’s: NN Lease

Contact

CJ Wallowitch

484.482.2543
cjwallowitch@equityretailbrokers.com

Ed Ginn

484.417.2201
eginn@equityretailbrokers.com

Property Location

Turkey Hill Absolute NNN Ground Lease

480 Lancaster Avenue
Malvern, PA 19355