Current Property Listings
Click "Learn More *" on any listing to receive our comprehensive offering memorandum.
Field Club Commons
- $6,600,000
- 8.79% CAP / 125,620 RSF
- 3300-3500 Wilmington Road
New Castle, PA 16105
Investment Highlights
- Underwritten on Current Numbers
- Upside Through Leasing of Vacancy
- Nearly 11 Percent Going In Cash-On-Cash
- New Roof and HVAC Systems on Large Portion of Center
- Meticulous Maintenance
- Seven Acres of Construction - Ready Land for Additional $875,000
- Adjacent to Giant Eagle - Dominant Grocer in Area
- Recent New Leases - Peebles and Tuesday Morning
View Confidentiality Agreement
CVS/pharmacy - Mechanicsburg
- *** PRICE REDUCED $190,000 ***
- $4,335,000
- 7.00% CAP / 11,970 RSF
- 105 South Sporting Hill Road
Mechanicsburg, PA
Investment Highlights
- 20 Years Left On NN Lease
- S&P "BBB+" Credit Tenant (Investment Grade)
- Delivered Free And Clear Of Debt
- Strong Average Household Incomes - $80,000 In Three Mile Ring
- Excellent Infill Location In Growing State Capital Area
- 32,000 Cars Per Day Through Intersection In Front Of Site
- "Billboard" Site - Highly Visible From Capital Beltway
- Well Established Retail Trade Area
View Confidentiality Agreement
Rite Aid - Penn Hills
- *** PRICE REDUCED $353,000 ***
- $6,012,000
- 8.10% CAP / 11,157 RSF
- Saltsburg Road & Universal Road
Penn Hills, PA
Investment Highlights
- 20 Year NNN Lease
- 10 Percent Rent Increase In Year 11
- Corporate Guarantee
- New 2008 Construction
- New "Customer World" Prototype With Drive Thru
View Confidentiality Agreement
Rite Aid - Havelock
- *** PRICE REDUCED $129,430 ***
- $2,736,516
- 7.75% CAP / 13,813 RSF
- 101 West Main Street
Havelock, NC
Investment Highlights
- New 20 Year NNN Lease
- 10 Percent Rent Increase Every 10 Years
- Excellent Store Sales - Available Upon Request
- Part of Larger Available Portfolio of Rite Aids
- Over 25,000 VPD Pass Site
- Close Proximity To Marine Corps Air Station Cherry Point
View Confidentiality Agreement
Rite Aid - Springfield
- *** PRICE REDUCED $214,175 ***
- $3,801,600
- 7.50% CAP / 11,190 RSF
- 381 Cooley Street
Springfield, MA
Investment Highlights
- New 20 Year NNN Lease
- 10 Percent Increase Every 10 Years
- Excellent Store Sales - Available Upon Request
- Part of Larger Available Portfolio of Rite Aids
- Large Parcel Of Land [3.49 Acres]
- New Stop & Shop Under Construction Next To Site
- Located Across From Shopping Center Anchored By Big Y Foods And Big Lots
View Confidentiality Agreement
Rite Aid - Woonsocket
- *** PRICE REDUCED $103,156 ***
- $2,475,733
- 7.50% CAP / 10,550 RSF
- 200 Social Street
Woonsocket, RI
Investment Highlights
- New 20 Year NNN Lease
- 10 Percent Rent Increase Every 10 Years
- Excellent Store Sales - Available Upon Request
- Part of Larger Available Portfolio of Rite Aids
View Confidentiality Agreement
Goodnoe's Corner - Newtown, PA
- $17,000,000
- 7.01% CAP
- 5,153 RSF - 4 Luxury Apartments
- 30,500 RSF - Retail Space
- 290 North Sycamore Street
Newtown, PA 18940
Investment Highlights
- Class "A" New Construction
- Premium Signaled Corner Location
- National, Regional & Local Tenant Mix
- Net Leases with Increases
- Exceptional Design & Construction
- Offered Free and Clear of Debt
- Excellent Household incomes - $102,807
- 100% Leased
View Confidentiality Agreement
Rite Aid - Boothwyn
- $2,937,379
- 7.25% CAP / 14,479 RSF
- 3120 Chichester Avenue
Boothwyn, PA
Investment Highlights
- New 20 Year NNN Lease
- 10 Percent Rent Increase Every 10 Years
- Excellent Store Sales - Available Upon Request
- Part of Larger Available Portfolio of Rite Aids
- New Building; Strong Residual Value
- Infill, Dense Market; Barriers To Entry
View Confidentiality Agreement
Scozio Festival Foods
- $4,900,000
- 11.27% CAP / 50,198 RSF / 6.24 Acres
- 10688 Perry Highway
Wexford, PA 15090
Investment Highlights
- STNL Grocery Store in Upscale Pittsburgh Neighborhood
- Long-term upside: Demise space and rent at $15+ SF
- 5 Years Remaining on Initial NN Lease; 2/5 Yr Options
- 9.78% Cap Starting Sept 2008; Re-Positioning Potential
- Adjacent to Wexford Plaza (Starbucks, GNC, Arby's)
- Busy Retail Corridor (29,000+ Vehicles Per Day)
- Average Household Incomes exceed $100,000
- 2006 sales were just under $280 / SF
View Confidentiality Agreement
Sheetz
- $740,000
- 6.76% CAP / 4,056 RSF
- 4025 West Crawford Avenue
Northern Cambria, PA 15714
Investment Highlights
- 20 year absolute-net ground lease
- Zero landlord responsibilities
- 10% rent bumps every 5 years beginning in year 10
- Signaled corner on "Main" thoroughfare of town
- Town center corner retail location - 1.6 Acre
- Sheetz - More than $3.9 billion in revenue in 2007
- Sheetz - Ranked #98 on Forbes list of largest private companies
View Confidentiality Agreement
Wachovia
- Closed on 11/7/2008
- $4,400,000
- 6.16% CAP
- 2227 South Broad Street
Philadelphia, PA
Investment Highlights
- Out of State 1031 Buyer
- New 20-year ground lease
- 10% rent increases every five years
- Zero management responsibility
- Replaces two existing branches
- 30,000+ cars per day
- Signaled intersection
- Nearly 90,000 population in one-mile ring
View Confidentiality Agreement
Rite Aid - Phoenixville, PA
- Closed on 10/23/2008
- $5,550,000
- 7.92% CAP / 11,180 RSF
- SW Nutt Road & Kimberton Ave
Phoenixville, PA 19460
Investment Highlights
- Replaces two existing stores
- 20 Year NN Lease
- Dominant Drug Store Chain in Northeastern US
- Corporate Guarantee
- New construction
- Environmentally clean site
View Confidentiality Agreement
The representations contained on this internet page are provided based on information deemed reliable. However, the same has not been independently verified. Principals are advised to conduct a thorough due diligence for any potential transaction. Marcus & Millichap Real Estate Investment Services name and logo are used herein for information purposes only.
Marcus & MillichapAttn: Thomas Gorman
1628 JFK Boulevard, Suite 1200
Philadelphia, PA 19103