NNN Discount Grocery
For Sale
$2,338,644
273 S Stevens St, Shinglehouse, PA 16748
Absolute net DG market with zero landlord responsibilities and 1,900+ daily vehicle count along S Stevens St.
Property Size12,668 SF
Price / SF$184.61
Days on Market65
Property Features for 273 S Stevens St
General Information
Standard status
Active
Size
12,668 SF
Property subtype
Discount
Lease Type
Absolute Net
Additional Details
Cap Rate
6.2%
Traffic Count
1,900 vehicles/day
Amenities
Absolute Net (NNN) DG Market with Zero Landlord Responsibilities And A Strategic Location Along South Stevens Street, Where More Than 1,900 Vehicles Pass Daily
12.5 Years Remaining On The Base Lease Term, The Property Benefits From 10% Rent Increases In Each Option Period, Delivering Long Term Income Security And A Strong Hedge Against Inflation
?Benefiting From A Highly Desirable Competitive Position, The Subject Property Is The Only DG Market Or Dollar General Within A 10-Mile Radius, Creating A Captive Customer Base
?Positioned Less Than One Mile From Two Prominent Schools, Oswayo Valley School District And Oswayo Elementary School, With More Than 400 Students Enrolled Helping Support Recurring Traffic
Building Details
Building Size
12,668 SF
Listed By:
Timothy B. Stephenson Jr. · License #License(s) PA: RMR006104
(215) 531-7000
Source:
Marcusmillichap
Added: Jul 3
Changed: Aug 26
Last Checked: Sep 5 at 3:44AM
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 Timothy B. Stephenson Jr.
Investment Insights
Based on property information with market context.
This Absolute Net (NNN) DG market is offered with zero landlord responsibilities, shifting operating obligations away from the property owner under an NNN structure. The property is sized at 12,668 square feet and is presented as a specialty, retail-focused asset within the NNN category.
Located at 273 S Stevens St in Shinglehouse, PA 16748, the site is marketed with a noted traffic driver of more than 1,900 vehicles passing daily along South Stevens Street.
The offering is listed with a 6.20% figure provided in the remarks. Please refer to the final offering materials for full terms and confirmation of all NNN responsibilities and financial details.
Located at 273 S Stevens St in Shinglehouse, PA 16748, the site is marketed with a noted traffic driver of more than 1,900 vehicles passing daily along South Stevens Street.
The offering is listed with a 6.20% figure provided in the remarks. Please refer to the final offering materials for full terms and confirmation of all NNN responsibilities and financial details.
Key Highlights
- Absolute net (NNN) DG market with zero landlord responsibilities
- Strategic placement along S Stevens St with 1,900+ vehicles passing daily
- Stated 6.20%
Property Analytics
Property Profile
Current Use
Lease Details
1,900 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
74
Businesses Nearby
Explore this area
Business Placement
Demographics for 16748, PA
2,831
Population
1,565
Households
1.8
Avg Household Size
45
Median Age
15%
College-Educated
94%
High-School Grad
108.9 sq mi
ZIP Area
26
Density / Sq Mi
$56,838
Median Household Income
$35,887
Median Earnings
$744
Median Rent
$102,700
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
NNN property - Absolute net DG market with zero landlord responsibilities and 1,900+ daily vehicle count along S Stevens St.
Where is this nnn property located?
The property is located at 273 S Stevens St Shinglehouse, PA.
What is the asking price?
The asking price for this property is $2,338,644.
What are key features of this property?
This property features: Absolute net (NNN) DG market with zero landlord responsibilities; Strategic placement along S Stevens St with 1,900+ vehicles passing daily; Stated 6.20%
