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433 W Douglass St
Reading, PA 19601

Family Dollar - 3+ Yr. NN - Strong Sales · Retail Property For Sale

Retail Buildings Pennsylvania Reading 433 W Douglass St, Reading, PA 19601

INVESTMENT HIGHLIGHTS

  • 3.20 Years Remaining in Existing Term (Lease Exp: 12/31/2027)
  • Tenant Required to Report Store Sales Annually (Contact Agent for Details) | 2023 Rent to Sales Ratio = 4.9%
  • 5-Mile Demographics: 217,742 Residents; $92,989 Average Household Income
  • Family Dollar Has Operated at This Location Since 2005 - Tenant Has Exercised Every Option with No Landlord Concessions at the 10% Rental Increase
  • Tenant is Responsible for Maintenance and Repair/Replacement of HVAC Units | Tenant is Responsible for Snow Removal & Restriping of Parking Area

EXECUTIVE SUMMARY

Schuchert Retail Group is pleased to exclusively present for sale the 9,100 SF Family Dollar located at 433 W. Douglass Street, Reading, PA 19601.
In Cooperation With: Brian Brockman & Bang Realty-Pennysylvania Inc.
PA License #RM432816

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
C
Year Built/Renovated
1954/2005
Price
$1,564,379 CAD
Price Per SF
$171.91 CAD
Cap Rate
9%
NOI
$140,794 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.58
Lot Size
0.36 AC

LINKS

PROPERTY TAXES

Parcel Number 15-5307-55-34-4649 Improvements Assessment $243,010 CAD
Land Assessment $60,038 CAD Total Assessment $303,048 CAD

PROPERTY TAXES

Parcel Number
15-5307-55-34-4649
Land Assessment
$60,038 CAD
Improvements Assessment
$243,010 CAD
Total Assessment
$303,048 CAD
 

  • Listing ID: 33786188

  • Date on Market: 2024-11-07

  • Last Updated:

  • Address: 433 W Douglass St, Reading, PA 19601

The Northwest Reading Retail Property at 433 W Douglass St, Reading, PA 19601 is currently available. Contact Schuchert Retail Group for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

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