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]