NNN Property with Existing
For Sale
$375,000
533 Can Do Expy, Hazle Township, PA 18202
Commercial asset leased under a Triple Net structure through May 31, 2030.
Property Size2,400 SF
Price / SF$156.25
Days on Market77
Property Features for 533 Can Do Expy
General Information
Standard status
Active
Size
2,400 SF
Building Details
Year Built
1978
Tenancy
Single
Listing Agency:
Keller Williams Elite
Listed By:
John H Smith · License #RS120032A
(717) 471-9444
Source:
Lgagne
Added: Aug 1
Changed: Oct 3
Last Checked: Oct 7 at 4:31PM
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 Keller Williams Elite
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,400-square-foot commercial property at 533 Can Do Expy in Hazle Township, Pennsylvania, was built in 1978 and currently has a tenant in place. The lease uses a Triple Net structure, assigning responsibility for 100% of property expenses to the tenant.
The current lease term runs through May 31, 2030. Showings are available by appointment, and the property is also being offered alongside two additional properties in Wellsboro and Williamsport for consideration as a portfolio.
The current lease term runs through May 31, 2030. Showings are available by appointment, and the property is also being offered alongside two additional properties in Wellsboro and Williamsport for consideration as a portfolio.
Key Highlights
- 2,400‑square‑foot commercial property
- Triple Net lease structure
- Tenant responsible for 100% of property expenses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,958
Cap Rate
5.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$399,160
$399.2K
Cap Rate 7%
$285,114
$285.1K
Cap Rate 9%
$221,756
$221.8K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$31.7K $13.20/SF
− Vacancy
−$3.2K −$1.32/SF
EGI
$28.5K $11.88/SF
− OpEx
−$8.6K −$3.56/SF
NOI
$20.0K $8.32/SF
Area
Luzerne County, PA
Vacancy
10.00%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$399,160
Cap Rate 7%
$285,114
Cap Rate 9%
$221,756
Alternative Uses
Best Use
Retail
$285.1K
$249.5K – $332.6K
NOI $19,958 @ 7.0% cap · market cap 5.32%
Second Best
Industrial
$189.2K
$165.6K – $220.8K
NOI $13,245 @ 7.0% cap · market cap 3.53%
Theoretical Best
Office A
$760.3K
$665.3K – $887.0K
NOI $53,222 @ 7.0% cap · market cap 14.19%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
59
Businesses Nearby
Explore this area
Business Placement
Demographics for 18202, PA
13,894
Population
6,036
Households
2.3
Avg Household Size
42
Median Age
21%
College-Educated
88%
High-School Grad
35.0 sq mi
ZIP Area
397
Density / Sq Mi
$55,517
Median Household Income
$35,330
Median Earnings
$1,029
Median Rent
$182,200
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
NNN property - Commercial asset leased under a Triple Net structure through May 31, 2030.
Where is this nnn property located?
The property is located at 533 Can Do Expy Hazle Township, PA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 2,400‑square‑foot commercial property; Triple Net lease structure; Tenant responsible for 100% of property expenses
