Absolute NNN Ground Lease
For Sale
Contact for pricing
2725 Market Street, Warren, PA 16365
Fee simple outlot sold under an absolute NNN ground lease with no landlord responsibilities.
Property SizeContact for details
Days on Market133
Property Features for 2725 Market Street
General Information
Standard status
Active
Property subtype
Retail
Lease Type
NNN
Additional Details
Cap Rate
5%
Building Details
Tenancy
Single
Listing Agency:
SRS Real Estate Partners Chicago
(312) 279-5345
Listed By:
Dan Elliot · License #IL 475144985
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 22 at 5:38PM
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 SRS Real Estate Partners Chicago
Investment Insights
Based on property information with market context.
This fee simple investment features an absolute NNN ground lease structure with landlord responsibilities listed as none. The lease is described as a franchise/guaranty ground lease with an absolute NNN (Abs. Nnn Ground) setup.
The property is positioned as an outlot to Warren Commons and is identified in the remarks as being located on a dominant thoroughfare with national tenant presence.
The offering highlights net operating income of $60,000 and a stated 5.00% cap rate. The investment is presented for sale under the absolute NNN ground lease terms described above.
The property is positioned as an outlot to Warren Commons and is identified in the remarks as being located on a dominant thoroughfare with national tenant presence.
The offering highlights net operating income of $60,000 and a stated 5.00% cap rate. The investment is presented for sale under the absolute NNN ground lease terms described above.
Key Highlights
- Fee simple outlot sold under an absolute NNN ground lease
- Absolute NNN structure with no landlord responsibilities
- Net operating income (NOI) of $60,000
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
880
Businesses Nearby
Explore this area
Business Placement
Demographics for 16365, PA
17,428
Population
8,861
Households
2
Avg Household Size
46
Median Age
25%
College-Educated
95%
High-School Grad
139.3 sq mi
ZIP Area
125
Density / Sq Mi
$57,694
Median Household Income
$36,810
Median Earnings
$778
Median Rent
$118,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Fee simple outlot sold under an absolute NNN ground lease with no landlord responsibilities.
Where is this nnn property located?
The property is located at 2725 Market Street Warren, PA.
What are key features of this property?
This property features: Fee simple outlot sold under an absolute NNN ground lease; Absolute NNN structure with no landlord responsibilities; Net operating income (NOI) of $60,000
