Absolute NNN Ground Lease
2725 Market Street Warren, PA 16365
2725 Market Street, Warren, PA, 16365
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For Sale
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Fee simple outlot sold under an absolute NNN ground lease with no landlord responsibilities.
Days on Market104
Property Features for 2725 Market Street
General Information
- Standard status
- Active
- Property subtype
- Retail
Listing agency
SRS Real Estate Partners Chicago
(312) 279-5345
Listed by
Dan Elliot · License #IL 475144985
Source
Crexi
Added: Apr 10 Updated: Jul 22 at 5:38PM 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
Location Intelligence
Current Use by Public Records
NNN properties
FAQs
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