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2595 N Reading Road
Denver, PA 17517
Asking Price
$2.63M
Cap Rate
6%
Asset Type
Bank Retail
Class
Class B
What's Special
Retail | 6.00% CAP | 7,200 SqFt <ul><li>Verizon Wireless is one of the largest wireless telecommunications providers in the United States with over 6,300 retail locations</li><li>Truist Bank is one of the largest financial services institutions in the United States with over 1,900 branches and approximately $549 Billion in total assets.</li><li>Tenants both have long term operating history at the location, showing their long-term commitment</li><li>Property is ideally positioned along North Reading Road (Route 272) at a si
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NOI
$80,000
Cap Rate
3.05%
DSCR
0.51
Underwater
Cash-on-Cash
-9.63%
Monthly Payment
$12,989.126
Annual Cash Flow
$-75,869.511
