American Furniture Investment

134 Baltimore Pike, Springfield PA Investment Package

NN Lease

American Furniture

Property Details

  • 20,610 SF – Main Level
  • 2,347 SF – Mezzanine
  • Situated on .94 acres, with 36 +/- parking spaces
  • Easily accessible for motorists traveling in either direction on Baltimore Pike
  • Additional 70+/- parking spaces in the rear
  • 110 feet of frontage on Baltimore Pike

Investment Highlights

  • Price: $2,450,000
  • Projected NOI 2017: $194,384
  • Cap Rate: 8.05%
  • NN Lease
  • Rent increase of every 2 years (4%)
  • Reimbursements cover approximately 93% of expenses over the remaining lease term
  • Six (6) years remaining on the current lease
Contact
Property Location

American Furniture NN Lease

480 Lancaster Avenue
Malvern, PA 19355