984 N Sherman Ct Hazleton, PA 18201
Turn-key restaurant business with strong NOI in Hazleton area.
- Added:
- Jul 12, 2017
- Days on Market:
- 3287
- Last Refresh:
- May 12 at 9:27 pm
Property Features for 984 N Sherman Ct
General Information
- Standard status
- Active
- Size
- 1,800 SF
- Property subtype
- General Commercial
Listing office KW Commercial (570) 203-2988
Listing date Jul 12, 2017
Source Xome
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 KW Commercial
Investment Insights
Based on property information with market context.
Key Highlights
- Turn‑key restaurant business for sale with a long‑standing successful history (18 years).
- Strong Net Operating Income (NOI).
- Owner financing available for qualified buyers.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.0k | $15.00 |
| − Vacancy | −$1.1k | −$0.63 |
| EGI | $25.9k | $14.37 |
| − OpEx | −$6.5k | −$3.59 |
| NOI | $19.4k | $10.78 |
