315 W State Street Kennett Square Chester County Pa 19348

+/- 2,600 sf Retail Building in downtown Kennett Square

Under Contract

Highly Visible,  Free Standing Building located in Downtown Kennett Square. Great Location!!

  • 2,600 +/- SF Free Standing Building
  • Estrella Bakery as the tenant. Lease exp. 12-14-22.
  • Subleased from the former Papa John’s.
  • $32,499.96 NOI. NNN lease. 4% annual increase, (1) 5 yr option starting at $14 psf NNN with $.50 psf annual increases.
  • New Roof, Flooring and HVAC system
  • Public Water and Sewer
  • Front/Side/Rear Parking
  • Two ADA Bathrooms
Property Features
  • Retail, Pad-site, Restaurant, Commercial
  • Land is 0.3 acre
  • Floor Area is 2600 sqft
  • Satelite
  • Street
  • Transit