1227 Airport RdAllentown, PA 18109

For Sale
$1,900,000

High-Return Convenience Store & Gas Station

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional investment opportunity presents a thriving 1,640 square foot convenience store and gas station located at 1227 Airport Road in Allentown, Pennsylvania (zip code 18109). Boasting a 100% occupancy rate and a strong 7.00% cap rate, this NNN-leased property offers significant potential for passive income. The asking price is $1,900,000, translating to a price per square foot of $1,158.54. The property includes a fully operational grill and deli area, catering to the needs of a busy clientele. Situated on a sizable 0.60-acre lot, ample parking is available for customers. The property's strategic location on a busy road ensures high visibility and consistent traffic flow. This turnkey operation requires minimal management, making it an ideal investment for both seasoned and novice investors seeking a stable and profitable venture in the retail sector. The current lease has expired, offering the new owner complete control and flexibility. This is a rare opportunity to acquire a well-established and profitable business in a prime location. The property's diverse offerings, including fuel, convenience store items, and a food service component, contribute to its robust financial performance and strong market position. Don't miss this chance to own a piece of Allentown's thriving commercial landscape.

Highlights

  • High-traffic corner location with gas station and convenience store.
  • Ample on-site parking available.
  • Includes a fully equipped kitchen.

Location Insight

City
Allentown
County
Lehigh
State
Pennsylvania
Latitude
40.6293434
Longitude
-75.4416876
1227 Airport Rd, Allentown, Pennsylvania

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1227 Airport Rd
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