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Verizon 1107 Million Dollar Hwy

3,000 SF Retail Building Saint Marys, PA 15857 $1,939,655 ($647/SF) 7.25% Cap Rate

Retail Buildings Pennsylvania Saint Marys 1107 Million Dollar Hwy, Saint Marys, PA 15857

Investment Highlights

  • NN Lease | The site is subject to a double net (NN) lease.
  • Affluent Suburban Community | Households within a 1-mile and 5-mile radius enjoy average annual incomes exceeding $85,900 and $77,700, fueling a robus
  • Corporate Guarantee | The Cellular Connection (TCC) operates over 1,160 stores across all 50 states and is known for their exceptional experience and

Executive Summary

NNN Pro is pleased to present the exclusive listing for a Verizon located at 1107 Million Dollar Highway, Saint Marys, Pennsylvania 15857. The site consists of roughly 3000 rentable square feet of building space on an estimated 0.78-acre parcel of land. This Verizon is subject to a 10-year Double Net (NN) lease, which commenced 1/4/2019. The current annual rent is $140,625 and has scheduled increases of 10.00% Every 5 Years.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,000 SF
Building Class
C
Year Built
2019
Price
$1,939,655
Price Per SF
$647
Cap Rate
7.25%
NOI
$140,625
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.78 AC
Frontage
107 FT on Million Dollar Hwy
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1107 Million Dollar Hwy, Saint Marys, PA - aerial map view

PROPERTY TAXES

Parcel Number 03-13-301-9787 Improvements Assessment $84,000
Land Assessment $3,750 Total Assessment $87,750

PROPERTY TAXES

Parcel Number
03-13-301-9787
Land Assessment
$3,750
Improvements Assessment
$84,000
Total Assessment
$87,750
(917) 697-3215

Contacts

  • Listing ID: 34465470

  • Date on Market: 1/13/2025

  • Last Updated:

  • Address: 1107 Million Dollar Hwy, Saint Marys, PA 15857

More public record information on 1107 Million Dollar Hwy, Saint Marys, PA 15857

The Retail Property at 1107 Million Dollar Hwy, Saint Marys, PA 15857 is currently available for sale. Contact NNN Pro Group for more information.

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Verizon, 1107 Million Dollar Highway, Saint Marys, PA - main
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Verizon | 1107 Million Dollar Hwy
(917) 697-3215 x

Verizon | 1107 Million Dollar Hwy

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Anthony Bird

(917) 697-3215

(917) 697-3215

Glen Kunofsky

(332) 345-4222

(332) 345-4222

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