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2190 East High Street
Pottstown, PA 19464
Asking Price
$4.47M
Cap Rate
7%
Asset Type
Grocery Store Retail
Class
Class B
What's Special
GROCERY ANCHORED CENTER | LONG TERM LEASES <p><strong>GROCERY ANCHORED CENTER</strong> | Landis Supermarket, founded in 1938 with 4 Pennsylvania locations, has operated at this site for 10+ years, demonstrating long-term commitment and proven performance at the location.</p><p></p><p><strong>LONG-TERM LEASE SECURITY</strong> | Boasts a Weighted Average Lease Term (WALT) of over 9.7 years, providing long-term stability.</p><p></p><p><strong>STRONG REAL ESTATE FUNDAMENTALS </strong>| 1.5 acres with approximately 37,000 SF of rentable space
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NOI
$80,000
Cap Rate
1.79%
DSCR
0.30
Underwater
Cash-on-Cash
-13.82%
Monthly Payment
$22,091.339
Annual Cash Flow
$-185,096.064
