Description

Goodwill Industries is a single-tenant retail investment on Allegheny Boulevard in Franklin, Pennsylvania, offered for $480,000. The 6,720 SF building occupies a 3.05-acre site and is leased to Goodwill Industries of North Central Pennsylvania, an established regional operator of thrift stores, donation centers and e-commerce fulfillment facilities.

Goodwill has occupied the property since 2002 and began its second ten-year renewal on April 1, 2022, leaving more than five years of term. The landlord is responsible for the structure, real estate taxes, insurance and periodic parking-lot resurfacing. The tenant covers utilities, day-to-day maintenance and repairs, landscaping, snow removal and routine parking-lot maintenance.

The offering is priced at $71.43 per square foot and is presented with 2025 net operating income of $41,797, an 8.71% capitalization rate and gross scheduled income of $50,000. Franklin is the Venango County seat, approximately 80 miles north of Downtown Pittsburgh, with regional access through U.S. Route 322 and Pennsylvania Route 8. Prospective buyers should independently review the lease, financial statements, physical condition and all offering assumptions.