623 Millers Hill

623 Millers Hill

623 Millers Hill, Kennett Square, PA


Inquire

    NNN Investment


    • Sale Price:
    • $1,275,000
    • Cap Rate:
    • 5.5%
    • Tenant:
    • Enterprise Rent a Car – Enterprise Holdings
    • Zoning:
    • C- Commercial District

    Description


    • New 10 Year Lease with 12% rate increase Year 6
    • Corporately Guaranteed Lease with Enterprise Leasing Co.
    • Relocation of 20 year Enterprise Operation 1/4 mile North
    • NNN with minimal Landlord Responsibilities
    • New Construction – Built in 2020
    • 1/2 Mile From Rt. 1 with traffic counts exceeding 20,000 VPD
    • Downtown Kennett Square Surrounded by Large Employers – Exelon, Chatham Financial, and Genesis Healthcare


    Contact Listing Brokers

    Eric Kuhn

    (484) 887 – 8202 Ext. 101
    [email protected]

    Andrew Turner

    (484) 887 – 8202 Ext. 102
    [email protected]

    Andrew Carlino

    (484) 887 – 8202 Ext. 103
    [email protected]