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1807 S Easton Rd

1,080 SF Retail Building Doylestown, PA 18901 £1,522,314 (£1,410/SF) 5.75% Net Initial Yield

Executive Summary

Equity Retail Brokers is pleased to present a Global Partners LP Guaranteed Shell Gas Station in Doylestown for sale to qualified investors. This offering represents a unique opportunity to acquire a proven, high-performing retail asset in a strategic location with a strong commitment from its tenant. Global Partners LP has occupied this site since 2020, and has six years left on the lease, with three (five-year) options to renew.
The lease benefits from a corporate guaranty by Global Partners LP’s corporate entity, which boasts a rating of B+, adding an extra layer of security and confidence for investors. Positioned on South Easton Road near the PA-202 and PA-611 interchange, the property enjoys high visibility and accessibility, making it a key retail destination. Located on South Easton Road in Doylestown, about 27 miles north of Philadelphia, the site capitalizes on its strategic positioning by drawing in significant customer traffic, due to the 39,000 vehicles that pass the site each day.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
1,080 SF
Building Class
B
Year Built
1988
Price
£1,522,314
Price Per SF
£1,410
Net Initial Yield
5.75%
NOI
£87,534
Tenancy
Single
Number of Floors
1
Building FAR
0.01
Land Acres
2.00 AC
Zoning
O9R2
Parking
6 Spaces (5.55 Spaces per 1,000 SF Leased)
Frontage
250 ft on S Easton Road

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09-014-016-001
Land Assessment
£75,715
Improvements Assessment
£57,007
Total Assessment
£132,722
  • Listing ID: 32479025

  • Date on Market: 16/07/2024

  • Last Updated:

  • Address: 1807 S Easton Rd, Doylestown, PA 18901

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