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Map
$1,248,146*
●
Commercial -
Off Market
613 WAYS LANE
KENNETT SQUARE, PA 19348
Studio
0 Bath
$855,000 - $1,045,000
Reference Base Price*
31.38%
Since Jan 1, 2021
National-US
Primary Model
About This Property
Excellent investment opportunity with zero Landlord
responsibilities or expenses. Absolute Triple Net investment with a
credit worthy tenant who has been in business for over 90 years.
This single tenant sale leaseback includes a brand new 12
year absolute NNN lease, plus two 5 year options. Initial NOI of
$76,000, with 10% rent increases every 5 years. Ideal industrial
location in Kennett Square Borough. HOP Energy is one of the nation
s fastest growing residential and commercial energy providers. HOP
has 19+ locations between Delaware and Vermont. They are dedicated
to taking care of almost 100,000 customers through HVAC
installations, heating oil, liquid fuels and propane. HOP energy
has been at the Kennett location for over 22 years and is committed
for the long term. HOP to provide Buyer a clean environmental
report before settlement. Call for more info.
Unit Size
-
Days on Market
-
Land Size
1.80 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$20,740
HOA Dues
-
Year Built
1970
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Dec 16, 2020 | No longer available | - | |
No longer available | |||
May 14, 2020 | Listed | $950,000 | |
Listed |
Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
05/14/2020
|
|
Loft
|
-
|
-
|
$950,000
Loft
-
|
-
-
|
-
|
-
|