Hazle Township Automotive Property For
651 Airport Rd Hazle Township, PA
651 Airport Rd, Hazle Township, PA, 00000
Contact for pricing
For Sale
Contact for pricing
Long-term NNN sale-leaseback with attractive rental increases.
Property Size48,804 SF
Lot Size12.46 Acres
Price / SF$409.80
Days on Market540
Property Features for 651 Airport Rd
General Information
- Standard status
- Active
- Size
- 48,804 SF
- Lot size
- 12.46 Acres
- Property subtype
- RETAIL
Listing agency
NNN Pro Group
(332) 345-4222
Listed by
Glen Kunofsky · License #49KU1129178
Source
Moodyscre
Added: Jan 27, 2025 Updated: Jul 10 at 11:46AM Checked: Jul 21 at 3:54AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NNN Pro Group
Investment Insights
Based on property information with market context.
This automotive property in Hazle Township, PA, is available for sale. The site will be subject to a new 20-year lease commencing at the close of escrow. The lease includes attractive rental increases of 2% annually, increasing 49% over the life of the lease. There are four 5-year renewal options, with the potential for a 121% rental increase over 40 years. The property comprises 48,804 square feet. The lease is corporately guaranteed by Timbrook Management, which operates over 15 brand-name dealerships across Pennsylvania, Maryland, and West Virginia, and is known for its values of integrity, safety, accountability, excellence, and respect.
Key Highlights
- Long Term NNN‑Sale Leaseback: Enjoy a brand new 20‑year lease commencing at close of escrow.
- Attractive Rental Increases: Benefit from 2% annual rent increases, totaling 49% over the lease term.
- 20 Years of Renewal Options: Four 5‑year renewal options are available.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Hazleton Honda
Car Dealership
Hazleton Honda Parts
Auto Parts Store
Hazleton Honda Service
Auto Repair Shop
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FAQs
What type of property is this?
Automotive property - Long-term NNN sale-leaseback with attractive rental increases.
Where is this automotive property located?
The property is located at 651 Airport Rd Hazle Township, PA.
What is the asking price?
The asking price for this property is $20,000,000.
What are key features of this property?
This property features: Long Term NNN‑Sale Leaseback: Enjoy a brand new 20‑year lease commencing at close of escrow.; Attractive Rental Increases: Benefit from 2% annual rent increases, totaling 49% over the lease term.; 20 Years of Renewal Options: Four 5‑year renewal options are available.
