Heart + Paw - Richeyville, PA

Heart + Paw - Richeyville, PA

3132 National Pike, Richeyville, PA 15358

Investment Highlights

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Highlights

New Location For the tenant | Annual Rental Increases | Reputable Operator

  • New 10 year lease will commence at the close of escrow
  • The lease features flat annual rental increases of 3%
  • This is a relocation of an established very profitable practice that is less than 1 mile away and the business is partially owned by the local veterinarian which provides stability and minimizes risk of the investment

 

Excellent Visibility | Located Off National Pike | Located Along Major Thoroughfare

  • Superior street visibility via significant street frontage and a large monument sign situated along National Pike
  • Strategically located off of National Pike, which averages 4,767 vehicles passing by daily

 

Strong Demographics In 5-mile Trade Area | High Barriers To Entry Submarket

  • More than 16,159 residents and over 3,133 employees support the 5-mile trade area
  • Those within 1-mile of the subject property boast an average household income of $95,176
  • Populated business thoroughfare shared with CVS Pharmacy, Dollar General and Dairy Queen

 

Zero Landlord Responsibilities | Corporate Guarantee

  • Absolute NNN lease with zero landlord responsibilities
  • Corporate Guarantee with ±29 locations
  • Ideal, low-management for a passive investor

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