126 E Main St | Big Run, PA 15715
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126 E Main St
Big Run, PA 15715
Retail Property For Sale
Investment Highlights
- 10+ years on original lease term
- Attractive CPI BASE RENT INCREASES every three years, including extension periods: Excellent hedge against inflation
- Roughly 5 miles from the town of Punxsutawney, which is famous for the groundhog (Punxsutawney Phil) who looks for his shadow every February 2nd
- Rare – Absolute NNN Lease with Scheduled Increases in Base Term (All new FD Build to Suit developments have 10 year NN leases with no rent increases)
- Corporate Guarantee –Investment Grade Credit tenant with a Standard & Poor’s credit rating of BBB-
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,320 SF
Building Class
B
Year Built
2015
Tenancy
Single
Building Height
1 Story
Building FAR
0.29
Lot Size
0.66 AC
Zoning
C
Parking
37 Spaces (4.44 Spaces per 1,000 SF Leased)
Frontage
186 FT on E Main Street
Amenities
- Signage
PROPERTY TAXES
| Parcel Number | 04-003-0309 | Improvements Assessment | $550,040 |
| Land Assessment | $8,100 | Total Assessment | $558,140 |
PROPERTY TAXES
Parcel Number
04-003-0309
Land Assessment
$8,100
Improvements Assessment
$550,040
Total Assessment
$558,140
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