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1035 N Susquehanna Trail, Selinsgrove, PA, 17870

McAlister’s Deli

$1,885,714

Key Information

Cap Rate
7%
$ per SF
$577
Tot. SF
3,265
Lot Size
1.22 Acres
Term Remaining
± 15 Years
Type
Retail
Occupancy
100%
NOI
$132,000

Highlights

• Passive Lease Structure – This is an Absolute NNN lease, offering a hands-off investment opportunity that minimizes landlord responsibilities. This passive NNN lease structure is designed for an optimal investment experience.
• Long Term Lease – This is a sale-leaseback opportunity offering a 15-year lease term with two 5-year renewal options. This offers the landlord increased passivity of income and demonstrates the operator’s commitment to the site.
• Strategic Location – Strategically positioned along North Susquehanna Trail/U.S. Route 11/15, the asset sees ±39,450 vehicles per day allowing easy access to the site from surrounding communities. US Route 15 is the primary commercial artery serving Selinsgrove and the surrounding Central Pennsylvania market.
• Dense Retail Corridor – This site is outparceled to the Susquehanna Valley Mall which boasts over 50 tenants and is the only regional mall within a 50 mile radius. The asset is also positioned directly across from a Walmart Supercenter and surrounded by a number of national credit tenants including Lowe’s Home Improvement, Target, GIANT, Dick’s Sporting Goods, Kohl’s, Best Buy, and T.J. Maxx.
• Attractive Rental Increases – The lease includes 10% rental increases every five years throughout the primary lease term and renewal options. This offers the landlord the unique ability to hedge inflation across the lease term.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # RM423998, RB068831 (PA)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203