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64 N Main St
Sellersville, PA 18960

$1,166,200 USD

Freestanding For Sale  •  3,879 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 3,879 SF
  • Lot Size 0.18 AC
  • Building Class C
  • Year Built 1958
  • Cap Rate 10.00 %
  • Tenancy Single
  • Zoning BC, Sellersville
0 Transit Score
59 Walk Score

Highlights

Absolute NNN lease to TerraVida, a wholly owned subsidiary of Verano Holdings, one of the largest cannabis operators in the U.S. with $878M Revenue
Ownership is fully passive with zero landlord responsibilities and a modernized dispensary following more than $600,000 in capital improvements.
The offering features a 10.00% cap rate at a $1.17 million price point, delivering a rare double-digit yield in today’s net lease market.
The manageable deal size is well suited for first-time NNN buyers, all-cash investors, and 1031 exchange capital.
Located in affluent Bucks County, supported by strong household incomes, favorable age demographics, and projected population growth thru 2030.
The walkable Sellersville location offers strong visibility, convenient access to Route 309, and long-term flexibility for alternative uses.
Cap Rate: 10.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Zen Leaf

Public Transportation

Commuter RailDriveWalkDistance
Link Belt (R5 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail)) 12 min - 7.5 mi
Colmar (R5 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail)) 13 min - 7.6 mi
AirportDriveWalkDistance
Lehigh Valley International 43 min - 25.3 mi
Trenton Mercer 59 min - 34.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 20
Type: Surface
Included in Rent: Yes
Matthew Gorman 215-603-6914 CBRE, Inc.
Matthew Gorman 215-603-6914 CBRE, Inc.