Address:3429 US Rte 11City, State Zip:Duncannon , PA 17020Latitude, Longitude:40.433019, -76.999579
Billboard Details
Sign Type:PosterTraffic Headed:North and SouthConstruction Type:Wood PostsIlluminated:YesNumber of Displays:10Average Size (Height x Width):28ft x 20ftDaily Effective Circulation:20,000Available:SoldAnnual Advertising Revenue:
N/AAsking Price:
$115,000Land Rights:LeaseAnnual Lease Costs:$7,200Comments:
Motivated Seller!
Value-add opportunity comprised of three (3) fully permitted sign structures with up to 10 faces in Duncannon, PA. Two (2) of the structures are lighted and have four (4) faces but are currently wrapped with one (1) sign each side. The third structure has two (2) faces and is not lighted.
Signs are located along US Route 11 (Susquehanna Trail) heading into Harrisburg, PA with approximately 20,000 passing vehicles per day. Historical advertising revenues are limited but purchase presents an opportunity for a motivated/experienced operator to significantly increase advertising revenues.
Property was recently purchased to be redeveloped to a self-storage facility and the new owner does not have interest in managing the signs. Redevelopment efforts have clear the brush and cleaned up the landscape. Purchase will include sign structures and permits. Landowner will execute new ground lease with buyer at $600/month ($7,200 annually).
Please feel free to contact SignValue broker Jared Pace at 480-657-8400 or [email protected] with any questions you may have.
Video:
