Lock Haven, PA - 7-Eleven

$2,623,280

840 Bellefonte Ave, Lock Haven, PA 17745

For Sale

Retail

Active

Last Updated: 09/16/2025

Details:

Cap Rate: 5%

NOI: $131,164

Building Size: 1,748 sqft

Lot Area: 1.04 acres

Occupancy: 100%

Year Built: 1970

Zoning: General Commercial

Offered by

Andrew Fallon

EVP & Managing Principal

SRS Capital Markets

#DC License No. BR40000436

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Description:

• The tenant currently has 9+ years remaining on their initial lease with
5 (5-year) options to extend, demonstrating their commitment to the site
• The lease features 1.00% annual rental increases throughout the initial term and options thereafter, growing NOI and hedging against inflation
• 7-Eleven, Inc. is the premier name in the U.S. convenience-retailing industry. Based in Irving, Texas, 7-Eleven operates, franchises and/or licenses more than 14,000 stores in the U.S. and Canada

• The site is ideally situated in a dense retail corridor, with numerous nearby national/credit tenants including McDonald’s, Dunkin’, KFC, Family Dollar, CVS, Dollar General, and many more
• Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site
• The asset is in close proximity to Lock Haven University of Pennsylvania (3,163 students), further increasing consumer traffic to the site