Listing Contacts
CJ Wallowitch
License: PA RS331565
Ken McEvoy
License: PA RS284266
Asking Price
$1,320,000
Address
1371 Plank Road
Duncansville, PA
Property Details
Asking Price
$1,320,000
Property Type
Retail
Sub Type
Convenience Store
Investment Type
Net Lease
Investment Sub Type
Ground Lease
Lease Type
NNN
Tenancy
Single
Lease Term
15 years
Remaining Term
15 years
Square Footage
5,380
Price/Sq Ft
$245.35
Cap Rate
5.00%
Occupancy
100%
Year Built
2004
Permitted Zoning
C - Commercial
Lot Size (acres)
1.08
Parking (spaces)
38
Ground Lease
Yes
Ownership
Fee Simple
Property Description
Equity Retail Brokers is pleased to offer for sale to qualified investors an opportunity to acquire an absolute NNN ground lease to Sheetz, located at 1371 Plank Road, Duncansville, PA 16635. The property sits just off the iconic “Meadows” intersection in the Duncansville/Altoona market.
Property Highlights
  • Located just off the iconic “Meadows” intersection in the Duncansville/Altoona Market
  • Re-built in 2004 and Recently executed a brand new 15 year lease
  • Strong Corporate Tenant with over 30 years operating history at this location