Investment Property for Sale - Two Parcel Offering

[Beth Anne Grib]

PRICED TO SELL - INVESTOR ALERT:

This property offering includes two parcels, PA #04J-0041.0800 and 04J-0041.0700 totaling a little over an acre of prime commercial property just one turn off of Business 30 in Caln Township. 3,000sf office building with 15 parking spaces (including accessible parking). Office building features 6 private offices, kitchen, restrooms outfitted with showers, 4 larger rooms that could be utilized as offices or procedure rooms/drafting rooms, conference rooms, even classrooms for training. This property is within 30 minutes of Malvern, 20 minutes from Exton and West Chester. Conveniently located off of highly trafficked business 30, the property use by right includes Day-care center, Financial institution, Group quarters, Health/recreation spa, Life-care facility, Nursing home, Medical clinic, Office center. See City of Coatesville Zoning Department for details.

Listing Agent: Andy Crawford [phone]

[Lynne Spencer]

Is this in NY?  What is the price and cap?

Thanks,

Lynne

[Beth Anne Grib]

Property is located in Chester County, PA. At present price of $499,900, the CAP rate is 13.9. It's a NNN lease. The current lease is expiring March 2015 and tenant is moving out at that time.