Available
4650 Jonestown Road
4650 Jonestown Road, Harrisburg, PA 17109
Investment Opportunity
The Offering
This offering represents a rare opportunity to acquire a single-tenant retail property occupied by Verizon Wireless, one of the largest wireless telecommunications providers in the United States with over 6,300 retail locations.​ The property is ideally positioned along Jonestown Road (Route 22) amongst all of the retail traffic drivers in a densely populated and affluent trade area of Harrisburg, Pennsylvania.​ The tenant has demonstrated a long-term commitment to the location, having operated since 2007, providing stability and predictability to the investment.​ The lease structure features limited landlord responsibility of only roof and structure, minimizing operating expenses and maximizing net income to the owner.​
The Details
Square Footage:
3,500 SF
Property Type:
Freestanding
Price:
$2,216,667
Investment Type:
Single Tenant
Tenancy:
Single
Cap Rate:
6%
NOI:
$133,000
Occupancy:
100%
The Location
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