Harrisburg, PA 17111,6010 DERRY ST
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Listed by JIMMY H KOURY • RSR, REALTORS, LLC
$ 3,036,000
Est. payment | /mo

4,992 SqFt


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$ 3,036,000
Est. payment | /mo
Save

4,992 SqFt

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 4,992 sqft

Price per Sqft $608

MLS Listing ID PADA2044686

Originating Board BRIGHT

Year Built 2010

Annual Tax Amount $33,509

Tax Year 2024

Lot Size 2.189 Acres

Acres 2.19

Property Sub-Type Retail

Property Description

This 6,276 SF Sheetz located on 2.19 acres in H arrisburg, Pennsylvania. The property operates under an absolute NNN ground lease, with Sheetz responsible for all expenses, ensuring a fully passive investme nt for the landlord. The lease includes a 10% rental increase in each option period, providing consistent income growth throughout the term. This high-performing location features Sheetz's largest prototype, including an automated drive-thru car wash, which enhances its consumer appeal and revenue potential. The property sits on a signalized corner with entrances on both North 61st Street and Derry Street, offering excellent visibility and accessibility. With a high traffic count of 18,899 VPD along Derry Street and 48,922 VPD along Route 322, this site attracts significant commuter and customer traffic. The lease is corporately guaranteed by Sheetz, Inc., one of America's fastest-growing convenience store chains, with over 700 locations and revenues exceeding $14 billion in 2023. Sheetz continues to expand, with plans to grow further into new markets, including Michigan. This location is situated in a prime, high-traffic corridor just 5.5 miles outside of downtown Harrisburg, surrounded by a strong regional retail base. The property is also adjacent to a McDonald's, further boosting its visibility and customer draw. With zero landlord responsibilities, built-in rental escalations, and Sheetz's commitment to the site, this investment offers longterm stability and potential for growth in an established market. Current NOI = $166,980

Location

State PA

County Dauphin

Area Swatara Twp (14063)

Zoning COMMERCIAL GENERAL

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Heat Source Electric, Natural Gas

Exterior

Garage Spaces 44.0

Water Access N

Accessibility 2+ Access Exits

Total Parking Spaces 44

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

Elementary Schools Rutherford

Middle Schools Central Dauphin East

High Schools Central Dauphin East

School District Central Dauphin

Others

Tax ID 63-015-019-000-0000

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Bright MLS (BMLS)
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6010 DERRY ST