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2746 W 26TH Street
Erie, PA 16506
Asking Price
$659K
Cap Rate
7%
Asset Type
Retail
Class
Class B
What's Special
Retail | 7.00% ROI | 2,256 SqFt <ul><li>Leased to AT&T mobile's real estate division, Prime Comms</li><li>Tenant has demonstrated a long-term committment to this location</li><li>Current lease term commenced on August 1, 2024, and there is also a remaining 5-year renewal option</li><li>High-profile location features ample parking and outstanding visibility along the retail corridor of West 26th and Peninsula Drive</li><li>Nearby tenants include Long John Silver, Arby's, Burger King, Subway, Ferrier's Ace Hardware, Tim Hor
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NOI
$80,000
Cap Rate
12.14%
DSCR
2.04
Strong
Cash-on-Cash
20.68%
Monthly Payment
$3,260.372
Annual Cash Flow
$40,875.531
