Allegheny Blvd, Franklin, PA for sale

Investment Overview

SVN Three Rivers Commercial Advisors is pleased to present for sale the Franklin, PA Goodwill location on Allegheny Blvd. The tenant is Goodwill Industries of North Central Pennsylvania. They have been a tenant since 2002, with 5+ years remaining on their current ten-year lease renewal. The tenant operates dozens of retail thrift stores, donation collection centers, and e-commerce fulfillment hubs in Pennsylvania.

Investment Highlights

• Original ten year lease term -- April 1, 2002
• First ten year renewal -- April 1, 2012
• Second ten year renewal -- April 1, 2022
• Landlord responsibilities: Structure, property taxes, insurance, parking lot resurfacing
• Tenant responsibilities: Utilities, maintenance / repairs, landscaping / snow removal, parking lot maintenance