Description
Commercial property with prime location at the intersection of Rte 611 (Easton Rd) and Horsham Rd in Horsham Township. Great investment opportunity for someone looking for hands off, NNN (triple net) cash flow, as the convenience store operates the gas station and has over 8 years left on the lease with annual increases, plus the opportunity to rent out the garage space (20x39) for additional income. Or, if you are looking to start or expand your current business, you can set up shop in the garage space and use the rent from the store/gas station to offset your mortgage. Property currently generates over $100,000 in annual income with room to grow with additional space. Current zoning allows for multiple by right uses, but it is buyer's responsibility to confirm with the township if the desired usage is permitted. Seller Financing is potentially available for qualified buyer(s).
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Description
Commercial property with prime location at the intersection of Rte 611 (Easton Rd) and Horsham Rd in Horsham Township. Great investment opportunity for someone looking for hands off, NNN (triple net) cash flow, as the convenience store operates the gas station and has over 8 years left on the lease with annual increases, plus the opportunity to rent out the garage space (20x39) for additional income. Or, if you are looking to start or expand your current business, you can set up shop in the garage space and use the rent from the store/gas station to offset your mortgage. Property currently generates over $100,000 in annual income with room to grow with additional space. Current zoning allows for multiple by right uses, but it is buyer's responsibility to confirm with the township if the desired usage is permitted. Seller Financing is potentially available for qualified buyer(s).
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