1035 N Susquehanna Trail, Selinsgrove, PA, 17870
McAlister’s Deli
Key Information
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.
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