5 Radcliffe Dr Moosic, PA 18507

Property Details for 5 Radcliffe Dr

Year built

2022

Lot size

1.00 lot acres

Property size

2,562 SF

Property type

Commercial real estate

Description

This exceptional investment opportunity presents a freestanding Chipotle restaurant located at 5 Radcliffe Dr, Moosic, PA 18507. The property boasts 2,562 square feet on a one-acre lot, built in 2022. Currently operating under a 15-year net lease (NN) with a corporate guarantee, the lease commenced August 31, 2022, and has approximately 12.8 years remaining. The annual net operating income (NOI) is $126,562, representing a 5.35% cap rate and a price per square foot of $923.36. The lease includes two 5-year renewal options and one 4-year, 11-month option, with a 10% rent increase every five years throughout the base term and options. This single-tenant, quick-service restaurant investment offers strong tenant credit and a long-term, secure income stream. The property's location in Moosic, Pennsylvania, within Lackawanna County, ensures high visibility and accessibility. This is a rare opportunity to acquire a high-performing, nationally recognized brand in a desirable location. The asking price is $2,365,645. The property is 100% occupied.

Location Insight

City

Moosic

County

Lackawanna

State

Pennsylvania

Longitude

-75.6804183

Latitude

41.3627874

Property Visit Statistics

• Visits by month
  4.6k
• Visitors by month
  3.5k
• Avg Time on site
  19 min