520 Wyandotte StBethlehem, PA 18015

For Sale
$8,775,000

Two NNN-leased properties; strong ROI.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a portfolio of two high-performing retail properties located in desirable Pennsylvania and Virginia markets. The portfolio comprises two strategically positioned assets, each boasting a strong tenant profile and attractive financial metrics. The first property, a Walgreens located at 2400 George Washington Memorial Highway in Yorktown, Virginia, 23693, is offered at $6,850,000. This location generates a base rent of $480,000 annually, resulting in a compelling 7% capitalization rate. The second property, a TD Bank situated at 520 Wyandotte Street in Bethlehem, Pennsylvania, 18015, is priced at $1,925,000. This asset provides a stable base rent of $100,000 per year, translating to a 5.2% capitalization rate. Both properties are triple net (NNN) leased, meaning the tenant is responsible for all operating expenses, minimizing landlord responsibilities and maximizing passive income potential. This portfolio offers a diversified investment strategy with established tenants in high-traffic areas, promising a secure and profitable return for the discerning investor. The combined asking price for this exceptional portfolio is $8,775,000. Detailed financial statements and lease agreements are available upon request.

Highlights

  • $8,775,000 asking price for a two-property NNN retail investment portfolio.
  • The portfolio includes a Walgreens in Yorktown, VA, with a sale price of $6,850,000, $480,000 in base rent, and a 7% cap rate.
  • Also included is a TD Bank in Bethlehem, PA, with a sale price of $1,925,000, $100,000 in base rent, and a 5.2% cap rate.

Location Insight

City
Bethlehem
County
Northampton
State
Pennsylvania
Latitude
40.6079953
Longitude
-75.3858034
520 Wyandotte St, Bethlehem, Pennsylvania

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520 Wyandotte St
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