651 Airport RdHazle Township, PA 18202
For Sale
$16,551,724
High-yield auto dealership investment. 20-year lease.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 93
Highlights
- NNN Sale-Leaseback with a new 20-year lease.
- 2% annual rent increases, totaling a 49% increase over the lease term.
- Four 5-year renewal options, potentially increasing rent by 121% over 40 years.
- Corporate guarantee from Timbrook Management, operating multiple dealerships across PA, MD, and WV.
Property Details for 651 Airport Rd
- Property type
- Other retail properties, Automotive properties
- Square Feet
- 48,804 SF
- Year Built
- 2016
- Lot Size (sq. ft)
- 531,868 SF
Location Insight
- City
- Hazle Township
- County
- Luzerne
- State
- Pennsylvania
- Latitude
- 40.9886193
- Longitude
- -76.0077637
651 Airport Rd, Hazle Township, Pennsylvania
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