Absolute NNN Lease: The subject property benefits from an absolute NNN lease with zero landlord responsibilities and 2% annual increases.
Below Replacement Cost: The property offers an attractive entry basis of $154/per foot at list price, giving buyers the opportunity to acquire this absolute NNN lease property well below replacement cost.
Strong Demographics: Under 25-miles from downtown Philadelphia and part of the Philadelphia MSA, the subject property benefits from dense and affluent demographics with 1-to-5 mile incomes levels exceeding $100,000.
Owner User / Value-Add Opportunity: Current tenant has lease in-place until 12/31/2028 allowing a future investor ample time to find a new tenant, tenants or can choose to occupy the space themselves once the current lease expires.
High Cap Rate Opportunity: A future investor will benefit from the remaining lease term and Net Income, acquiring the subject property above a 30% Cap Rate at list price.
Highly Visible: The subject property is located along Atco Ave., the major thoroughfare serving the town of Atco and benefits from excellent visibility with significant street frontage, providing convenience and ease for future customers or patients