3,509 SF Retail/Apartments

• Corner of W. Delaware and Route 31
• 3,509 SF; Bank Leases 1,374 SF
• 19 Parking Spaces
• 3 Apartments; 2 Vacant
• Zoning: BH (Highway Business Zone)
• New Roof – 10 years
• Parking Lot – 3 Years
• Lot Size: 125’ x 173.84’
• Existing NOI: $65,845
• Bank Leases 1,374 SF – Absolute Net Lease
  • 5/1/22 to 4/30/27
  • Security Deposit $3,600
  • Renewal Option: 1 Option for 5 years with 3% increases per year with 9 months notice