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3185 PA-72Jonestown, PA 17038
PA State PSP 3 Building Portfolio
Asset ClassSpecial Purpose

Overview

SVN Three Rivers Commercial Advisors is pleased to present three commercial investment properties for sale, located at 3185 State Route 72 in Jonestown, PA, 3539 Wilmington Road in New Castle, PA, and 12921 State Route 120 West in Emporium, PA. Together, these offerings provide a mix of stabilized assets with strong frontage, surface parking, and excellent regional accessibility. All three properties are leased to the Pennsylvania State Police, whose lease obligations are backed by the Commonwealth of Pennsylvania, rated Aa2 (Moody’s), AA (Fitch), and A+ (S&P) — signifying strong, investment-grade credit. 3185 State Route 72 | Jonestown, PA Positioned along a high-traffic corridor near I-81, this property offers strong visibility and access to Lebanon, Harrisburg, and the greater Central Pennsylvania region. There are approximately 7.5 years remaining on the current lease with two 5-year renewal options. The PSP has operated from this location for 14+ years. 3539 Wilmington Road | New Castle, PA Located on Route 18/Wilmington Road, one of the busiest commercial corridors in Lawrence County, the property benefits from proximity to national retailers, dining, and direct access to I-376 and Route 422. There are approximately 4.5 years left on the current lease with two 5-year renewal options. The PSP has maintained operations here for 26+ years. 12921 State Route 120 West | Emporium, PA Situated along Route 120 in Cameron County, the site provides exposure within the Pennsylvania Wilds region, consistent traffic, and strong local connectivity. There are approximately 7.5 years remaining on the current lease with two 5-year renewal options. The PSP has occupied this location for 23+ years. Investment Highlights Collectively, these assets represent a compelling opportunity to acquire well-positioned commercial real estate across three distinct Pennsylvania markets — each offering frontage on key roadways, proximity to major transportation routes, and long-term leased income backed by investment-grade Commonwealth credit through the Pennsylvania State Police.

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Investment Highlights

  • The properties could be sold together or separately
  • Credit Tenant in place for combined 49 years to date
  • Term Remaining: 7.5 years, 7.5 years and 4.5 years, respectively, with renewal options
  • NOI of $594,000 and priced to sell at 8.5% CAP Rate
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3185 PA-72Jonestown, PA 17038

Sales Team

6 PPG Place, Suite #550, Pittsburgh, PA
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Listing provided by Revere CRE