The Papa John’s property at 1843 Easton Road in Willow Grove is on the market for $595,000.

According to the listing, the 1,379 sf retail building is leased to Papa John’s for the next 4.5 years.

From the description:

Passive Income — Absolute Net Leased Papa John’s with Zero Responsibilities Located at the Heavily Trafficked Signalized Intersection of Easton Road with More Than 14,900 Vehicles Passing Daily
Lease Term — Papa John’s has 4.5 Years Remaining on the Base Term of the Lease with 2% Annual Rent Increases, as a Hedge Against Inflation
Future Upside — Tenant has No Options Remaining Providing Future Upside by Renegotiating the Lease or Repositioning the Site
Shopping Center — Strategically Located Across from Willow Grove Park a 1.2 Million Square Foot Shopping Center with Over 120 Stores Including Macy’s, Bloomingdale, Nordstrom, Cheesecake Factory, Chick-fil-A, Old Navy, Dick’s, and Many More
Philadelphia MSA — Subject Property is Strategically Located In the Philadelphia MSA – the 8th Most Populous Area in the U.S. with More Than 6.2 Million Residents
Strong Guarantee — Lease Guaranteed by a Premiere Papa John’s Operator with Over 70 Units Throughout the Area and Plans to Reach 250 Units

More details in the brochure below:

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