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PennTex Ventures

Real Estate Development

About Company

PennTex Ventures LLC, (“PTV”) is a vertically integrated commercial real estate development and construction firm that was founded in 2009. A family owned company, PTV focuses on developing single- and multi-tenant commercial retail properties. PTV has developed a unique approach to commercial real estate by vertically integrating site development, construction, and sales into a single organization. This system enables PTV to optimize costs, operational efficiency, and project quality simultaneously. PTV has successfully completed hundreds of projects across the Mid-Atlantic for a growing list of national retailers including Dollar General, 7-Eleven, Dunkin' Donuts, ALDI, Buffalo Wild Wings, Pet Smart, Aspen Dental, and many more.

400 Penn Center Boulevard Bldg. 4, Suite 1000 Pittsburgh, PA 15235

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1165 Walnut Hill Road, Smithfield, PA , 15478
  • Size SF10,640
  • Built/Renov2023
  • Price/SF$176
  • Lease Start12-01-2023
  • Rent/SF$11.20
  • Lease Type Abs NNN
  • Lot/AC1.20
  • Pop 5MI25,749

1,875,870

  • Cap Rate 6.35%
  • NOI $119,118
  • R. Term/Yrs 14.6
  • Guarantor Corp R + T
  • # Units 19,294
  • New construction

  • Build to suit

  • Strategically located

  • Highway close

  • Top 100 MSA

  • Brand new lease

  • Absolute NNN

  • Long 10+ yr lease

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Tenant Dollar General
  • Guarantor Corp T and Rated
  • #Units 19,294
  • Moody's/S&P Baa2/ BBB
  • Stock NYSE: DG
1010 North Sharpsville Avenue, Sharon, PA , 16146
  • Size SF10,566
  • Built/Renov2023
  • Price/SF$166
  • Lease Start10-31-2023
  • Rent/SF$10.31
  • Lease Type Abs NNN
  • Lot/AC1.23
  • Pop 5MI48,114

1,756,330

  • Cap Rate 6.20%
  • NOI $108,892
  • R. Term/Yrs 14.5
  • Guarantor Corp R + T
  • # Units 19,294
  • New construction

  • Build to suit

  • Strategically located

  • Highway close

  • Top 100 MSA

  • Brand new lease

  • Absolute NNN

  • Long 10+ yr lease

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Tenant Dollar General
  • Guarantor Corp T and Rated
  • #Units 19,294
  • Moody's/S&P Baa2/ BBB
  • Stock NYSE: DG
201 Starr Road, Russellton, PA , 15076
  • Size SF10,640
  • Built/Renov2022
  • Price/SF$162
  • Lease Start09-01-2022
  • Rent/SF$10.36
  • Lease Type Abs NNN
  • Lot/AC1.48
  • Pop 5MI41,543

1,722,235

  • Cap Rate 6.40%
  • NOI $110,223
  • R. Term/Yrs 13.3
  • Guarantor Corp R + T
  • # Units 19,294
  • New construction

  • Build to suit

  • Strategically located

  • Top 100 MSA

  • Absolute NNN

  • Long 10+ yr lease

  • Limited competition

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Dollar General
  • Guarantor Corp T and Rated
  • #Units 19,294
  • Moody's/S&P Baa2/ BBB
  • Stock NYSE: DG
1712 Lincoln Highway, North Versailles, PA , 15137
  • Size SF10,000
  • Built/Renov2023
  • Price/SF$199
  • Lease Start03-01-2023
  • Rent/SF$12.95
  • Lease Type NN+
  • Lot/AC1.10
  • Pop 5MI130,422

1,992,308

  • Cap Rate 6.50%
  • NOI $129,500
  • R. Term/Yrs 8.9
  • Guarantor Corp R + T
  • # Units 19,294
  • New construction

  • Near major nationals

  • Strategically located

  • Highway location

  • Dense 100M+ pop 5 mi

  • Top 100 MSA

  • Favorable NN+ lease

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Dollar General
  • Guarantor Corp T and Rated
  • #Units 19,294
  • Moody's/S&P Baa2/ BBB
  • Stock NYSE: DG
3582 Saxonburg Road, Natrona Heights, PA , 15065
  • Size SF9,100
  • Built/Renov2023
  • Price/SF$219
  • Lease Start11-01-2023
  • Rent/SF$13.81
  • Lease Type Abs NNN
  • Lot/AC1.00
  • Pop 5MI34,086

1,994,415

  • Cap Rate 6.30%
  • NOI $125,648
  • R. Term/Yrs 14.5
  • Guarantor Corp R + T
  • # Units 19,294
  • New construction

  • Hard corner intersection

  • Strategically located

  • Highway close

  • Top 100 MSA

  • Brand new lease

  • Absolute NNN

  • Long 10+ yr lease

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Tenant Dollar General
  • Guarantor Corp T and Rated
  • #Units 19,294
  • Moody's/S&P Baa2/ BBB
  • Stock NYSE: DG
1555 Washington Blvd, McKeesport, PA , 15133
  • Size SF10,566
  • Built/Renov2023
  • Price/SF$197
  • Lease Start05-09-2023
  • Rent/SF$12.19
  • Lease Type Abs NNN
  • Lot/AC0.93
  • Pop 5MI132,231

2,077,230

  • Cap Rate 6.20%
  • NOI $128,788
  • R. Term/Yrs 14.0
  • Guarantor Corp R + T
  • # Units 19,294
  • New construction

  • Hard corner intersection

  • Strategically located

  • Dense 100M+ pop 5 mi

  • Top 100 MSA

  • Absolute NNN

  • Long 10+ yr lease

  • Limited competition

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Tenant Dollar General
  • Guarantor Corp T and Rated
  • #Units 19,294
  • Moody's/S&P Baa2/ BBB
  • Stock NYSE: DG
340 Front Street, Fredericktown, PA , 15333
  • Size SF10,566
  • Built/Renov2022
  • Price/SF$154
  • Lease Start09-01-2022
  • Rent/SF$9.87
  • Lease Type Abs NNN
  • Lot/AC1.22
  • Pop 5MI14,443

1,629,940

  • Cap Rate 6.40%
  • NOI $104,316
  • R. Term/Yrs 13.3
  • Guarantor Corp R + T
  • # Units 19,294
  • New construction

  • Strategically located

  • Highway location

  • Absolute NNN

  • Long 10+ yr lease

  • Limited competition

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Dollar General
  • Guarantor Corp T and Rated
  • #Units 19,294
  • Moody's/S&P Baa2/ BBB
  • Stock NYSE: DG
2593 Benjamin Franklin Highway, Edinburg, PA , 16116
  • Size SF10,566
  • Built/Renov2023
  • Price/SF$179
  • Lease Start11-21-2023
  • Rent/SF$11.35
  • Lease Type Abs NNN
  • Lot/AC3.00
  • Pop 5MI21,890

1,888,820

  • Cap Rate 6.35%
  • NOI $119,940
  • R. Term/Yrs 14.6
  • Guarantor Corp R + T
  • # Units 19,294
  • New construction

  • Strategically located

  • Highway location

  • Brand new lease

  • Absolute NNN

  • Long 10+ yr lease

  • Limited competition

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Dollar General
  • Guarantor Corp T and Rated
  • #Units 19,294
  • Moody's/S&P Baa2/ BBB
  • Stock NYSE: DG
1251 Theatre Road, Carrolltown, PA , 16646
  • Size SF10,566
  • Built/Renov2023
  • Price/SF$154
  • Lease Start10-03-2023
  • Rent/SF$9.81
  • Lease Type Abs NNN
  • Lot/AC2.95
  • Pop 5MI12,025

1,631,780

  • Cap Rate 6.35%
  • NOI $103,618
  • R. Term/Yrs 14.5
  • Guarantor Corp R + T
  • # Units 19,294
  • New construction

  • Build to suit

  • Major thoroughfare

  • Strategically located

  • Brand new lease

  • Absolute NNN

  • Long 10+ yr lease

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Dollar General
  • Guarantor Corp T and Rated
  • #Units 19,294
  • Moody's/S&P Baa2/ BBB
  • Stock NYSE: DG
5709 6th Avenue, Altoona, PA , 16602
  • Size SF9,100
  • Built/Renov2023
  • Price/SF$243
  • Lease Start10-01-2023
  • Rent/SF$15.05
  • Lease Type Abs NNN
  • Lot/AC0.69
  • Pop 5MI70,816

2,209,190

  • Cap Rate 6.20%
  • NOI $136,970
  • R. Term/Yrs 14.4
  • Guarantor Corp R + T
  • # Units 19,294
  • New construction

  • Signalized intersection

  • Hard corner intersection

  • Near major nationals

  • Strategically located

  • Absolute NNN

  • Long 10+ yr lease

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Dollar General
  • Guarantor Corp T and Rated
  • #Units 19,294
  • Moody's/S&P Baa2/ BBB
  • Stock NYSE: DG
435 South 7th Street, Indiana, PA , 15701
  • Size SF14,285
  • Built/Renov2006/2022
  • Price/SF$168
  • Lease Start10-01-2022
  • Rent/SF$11.47
  • Lease Type NN+
  • Lot/AC1.84
  • Pop 5MI32,317

2,392,700

  • Cap Rate 6.85%
  • NOI $163,900
  • R. Term/Yrs 8.4
  • Guarantor Corp Rated
  • # Units 19,294
  • Recent renovation

  • Hard corner intersection

  • Strategically located

  • University college close

  • Strong tenant synergy

  • Favorable NN+ lease

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Dollar General Market
  • Guarantor Corp Rated
  • #Units 19,294
  • Moody's/S&P Baa2/ BBB
  • Stock NYSE: DG
212 Lake Street, Salisbury, MD , 21801
  • Size SF5,000
  • Built/Renov2023
  • Price/SF$1,296
  • Lease Start12-01-2023
  • Rent/SF$64.81
  • Lease Type Abs NNN
  • Lot/AC1.88
  • Pop 5MI76,092

6,480,940

  • Cap Rate 5.00%
  • NOI $324,047
  • R. Term/Yrs 14.6
  • Guarantor Corp R + T
  • # Units 83,282
  • New construction

  • Build to suit

  • Dense retail corridor

  • Near major nationals

  • Major MSA

  • Long 10+ yr lease

  • Accelerated depreciation

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Tenant 7-Eleven
  • Guarantor Corp T and Rated
  • #Units 83,282
  • Moody's/S&P Baa2/ A
  • Stock OTCMKTS: SVNDY
22606 Three Notch Road, Lexington Park, MD , 20653
  • Size SF5,000
  • Built/Renov2023
  • Price/SF$1,514
  • Lease Start02-11-2023
  • Rent/SF$77.96
  • Lease Type Abs NNN
  • Lot/AC3.24
  • Pop 5MI56,274

7,568,545

  • Cap Rate 5.15%
  • NOI $389,780
  • R. Term/Yrs 13.9
  • Guarantor Corp R + T
  • # Units 83,282
  • New construction

  • Build to suit

  • Dense retail corridor

  • Near major nationals

  • Top 100 MSA

  • Affluent suburb location

  • Long 10+ yr lease

  • Accelerated depreciation

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Tenant 7-Eleven
  • Guarantor Corp T and Rated
  • #Units 83,282
  • Moody's/S&P Baa2/ A
  • Stock OTCMKTS: SVNDY
20494 Sussex Hwy, Bridgeville, DE , 19933
  • Size SF4,063
  • Built/Renov2023
  • Price/SF$2,109
  • Lease Start05-01-2023
  • Rent/SF$105.46
  • Lease Type Abs NNN
  • Lot/AC3.09
  • Pop 5MI26,678

8,569,720

  • Cap Rate 5.00%
  • NOI $428,486
  • R. Term/Yrs 13.11
  • Guarantor Corp R + T
  • # Units 83,282
  • New construction

  • Build to suit

  • Strategically located

  • Major MSA

  • Absolute NNN

  • Long 10+ yr lease

  • Accelerated depreciation

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant 7-Eleven
  • Guarantor Corp T and Rated
  • #Units 83,282
  • Moody's/S&P Baa2/ A
  • Stock OTCMKTS: SVNDY

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