100 North Progress Avenue

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100 North Progress Avenue

Harrisburg, PA 17109
Asking Price
$2.04M
Cap Rate
7%
Asset Type
Restaurant Retail
Class
Class B

What's Special

Retail | 7.00% CAP | 2,629 SqFt <ul><li>​Strong Franchisee Guarantee — Yellow Cab Holdings, LLC (90+ Units): The lease is guaranteed by Yellow Cab Holdings, LLC, a highly experienced multi-unit Wendy's franchisee operating 90+ locations.</li></ul><p></p><ul><li>​Strong Surrounding Demographics: The subject property is surrounded by more than 203,000 residents within a 5-mile radius, supported by average household incomes exceeding $93,100 within a 1-mile radius.</li></ul><p></p><ul><li>​Dominant Retail Corridor: The subject pr

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NOI
$80,000
Cap Rate
3.93%
DSCR
0.66
Underwater
Cash-on-Cash
-6.70%
Monthly Payment
$10,079.38
Annual Cash Flow
$-40,952.555

Location & Travel Times