NNN Enterprise Rental Car Investment Property

Highlights:

• NNN Lease with some landlord responsibility
• Tenant Options to Renew
• 1+ Arce
• Public Utilities
• 6.25% CAP Rate
• Planned Route 80 Interchange 1/4 mile away.

Description:

Amazing retail/development/investment property site on the busiest commercial corridor in the area. Currently leased to Enterprise Rental Car, this site features a 2500+Sf building fully renovated in 2013 and well maintained. Current lease NOI of $43,755/yr , has renewal options through 2032. 6.35% CAP Rate.

The stand-alone 2,560 SF building was renovated in 2013 and is housed by a single tenant; Enterprise Rental Cars/Trucks. Featuring a spacious office, storage area, and oversized wash bay, this building is well-maintained and very functional. Location is prime and a planned, new, highway interchange just a few parcels away make this a fantastic long-term investment opportunity.

Surrounding development include; Best Buy, Old Navy, Panera, Olive Garden, Pet supply Plus, Five Guys, Five Below, St. Luke's, Lehigh Valley Oral Surgery, and many more businesses.

Monroe County's busiest commercial corridor - State Route 611 in Stroud Township. Central to the Poconos market area and the population centers of Monroe County this location is High traffic and has easy access to major highways.