3101 Pittston Ave Scranton, PA 18505
This Scranton, PA, Fuel On gas station presents a compelling sale-leaseback opportunity. The property features a 20-year absolute NNN lease with a reputable, growing 36-unit operator, providing a passive investment with minimal landlord responsibilities. The lease includes annual 2.5% rent bumps, safeguarding against inflation. The 2,800 square foot station sits on a 1.12-acre lot in a high-traffic area (29,245+ vehicles daily), boasting a strong history of profitability (three years of financials available). The tenant is responsible for all property maintenance, insurance, and taxes. The asking price is $2,760,575, representing an 8.00% cap rate and a price per square foot of $985.92. The lease offers four 5-year renewal options. The property also qualifies for bonus depreciation (60% in Year 1). This is a fee-simple ownership opportunity with a strong tenant guarantee and excellent historical financial performance. Detailed financial records are available for review. The investment is further enhanced by the experienced management team's extensive background in retail gas and convenience store operations.
-
Citgo/Paul's Hoagie Shop Gas Station
-
Freedom Gateway Bitcoin ATM Crypto Atm
-
Halal Restaurant
-
Unbank Bitcoin ATM Atm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.