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3611 Easton Rd Doylestown, PA 18902

Sponsored
For Sale
$4,121,000

High-return NNN lease investment. Prime Doylestown location.

Property size:
3,032 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional investment opportunity presents the fee simple interest in a thriving Global Gas station and convenience store located at a signalized intersection in Doylestown, Pennsylvania, within the Philadelphia MSA. The property, built in 1997, encompasses 3,032 square feet on a 1.26-acre lot and boasts a 100% occupancy rate under a triple-net (NNN) lease with Global Gas, a subsidiary of Global Partners LP (NYSE: GLP), a leading Northeast energy company. The current lease, with a remaining term of 5.7 years, expires August 17, 2030, and includes three (3) five (5) year renewal options with annual rent bumps of 1.5%. The property generates a substantial net operating income (NOI) of $247,254, resulting in a compelling 6.00% cap rate. The tenant benefits from a strong corporate guarantee and enjoys high visibility due to its location on a major intersection with high daily traffic volume (N Easton Rd: 8,900 VPD

Property Features for 3611 Easton Rd

General Information

Property type
Restaurants
Square Feet
3,032 SF
Lot Size
54,886 SF

Building Details

Year Built
1997
Buildings
1

HighLights

  • Triple‑net (NNN) lease with Global Gas, a subsidiary of Global Partners LP (NYSE: GLP), featuring 6 years remaining and 1.5% annual rent increases.
  • Prime location in Doylestown, PA, within the Philadelphia MSA, a top 8 US MSA.
  • Situated in Bucks County, PA's 3rd wealthiest county, with average household income exceeding $200,000 within a 5‑mile radius.
  • High visibility at a signalized intersection with high daily traffic counts (N Easton Rd: 8,900 VPD; Swamp Rd/PA‑313: 22,800 VPD).
  • Strong corporate guarantee from Global Partners LP (NYSE: GLP), a leading Northeast energy company with robust Q2 2024 financials.
  • Includes a Dunkin' convenience store, a top‑ranked coffee retailer.
Property Profile Location Intelligence

Current Use by Public Records

Grocery and convenience stores

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Doylestown
County
Bucks
State
Pennsylvania
Longitude
-75.1291292
Latitude
40.3285204

FAQs

What type of property is this?
Restaurant - High-return NNN lease investment. Prime Doylestown location.
Where is this restaurant located?
The property is located at 3611 Easton Rd Doylestown, PA.
What is the asking price?
The asking price for this property is $4,121,000.
What are key features of this property?
This property features: Triple-net (NNN) lease with Global Gas, a subsidiary of Global Partners LP (NYSE: GLP), featuring 6 years remaining and 1.5% annual rent increases.; Prime location in Doylestown, PA, within the Philadelphia MSA, a top 8 US MSA.; Situated in Bucks County, PA's 3rd wealthiest county, with average household income exceeding $200,000 within a 5-mile radius.
More about this property
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