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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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31997 Beaver Run Drive, Salisbury, MD , 21804
  • Size SF4,505
  • Built/Renov2024
  • Price/SF$1,778
  • Lease Start05-01-2024
  • Rent/SF$95.10
  • Lease Type Abs NNN
  • Lot/AC2.67
  • Pop 5MI42,009

8,008,000

  • Cap Rate 5.35%
  • NOI $428,426
  • R. Term/Yrs 14.4
  • Guarantor Corp R + T
  • # Units 83,282
  • New construction

  • Strategically located

  • Highway close

  • Top 100 MSA

  • Brand new lease

  • Absolute NNN

  • 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
138 Polecat Hollow Road, Claysburg, PA , 16625
  • Size SF10,566
  • Built/Renov2023
  • Price/SF$172
  • Lease Start12-01-2023
  • Rent/SF$11.15
  • Lease Type Abs NNN
  • Lot/AC1.46
  • Pop 5MI11,043

1,812,060

  • Cap Rate 6.50%
  • NOI $117,784
  • R. Term/Yrs 14.0
  • Guarantor Corp R + T
  • # Units 19,986
  • New construction

  • Hard corner intersection

  • 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 19,986
  • Moody's/S&P Baa2/ BBB
  • Stock NYSE: DG
4871 U.S. 219, Brockport, PA , 15823
  • Size SF10,566
  • Built/Renov2023
  • Price/SF$167
  • Lease Start12-01-2023
  • Rent/SF$10.85
  • Lease Type Abs NNN
  • Lot/AC2.50
  • Pop 5MI5,309

1,763,430

  • Cap Rate 6.50%
  • NOI $114,623
  • R. Term/Yrs 14.0
  • Guarantor Corp R + T
  • # Units 19,986
  • 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 19,986
  • Moody's/S&P Baa2/ BBB
  • Stock NYSE: DG
965 Main Street, Ford City, PA , 16226
  • Size SF10,566
  • Built/Renov2024
  • Price/SF$177
  • Lease Start01-01-2024
  • Rent/SF$11.48
  • Lease Type Abs NNN
  • Lot/AC2.00
  • Pop 5MI14,077

1,866,130

  • Cap Rate 6.50%
  • NOI $121,298
  • R. Term/Yrs 14.1
  • Guarantor Corp R + T
  • # Units 19,986
  • New construction

  • Strategically located

  • Top 100 MSA

  • 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 19,986
  • Moody's/S&P Baa2/ BBB
  • Stock NYSE: DG
569 South Erie Street, Mercer, PA , 16137
  • Size SF10,566
  • Built/Renov2024
  • Price/SF$177
  • Lease Start01-01-2024
  • Rent/SF$11.50
  • Lease Type Abs NNN
  • Lot/AC1.67
  • Pop 5MI9,363

1,869,390

  • Cap Rate 6.50%
  • NOI $121,510
  • R. Term/Yrs 14.1
  • Guarantor Corp R + T
  • # Units 19,986
  • New construction

  • Strategically located

  • Top 100 MSA

  • 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 19,986
  • Moody's/S&P Baa2/ BBB
  • Stock NYSE: DG
4831 Dupont Parkway, Townsend, DE , 19734
  • Size SF10,640
  • Built/Renov2024
  • Price/SF$205
  • Lease Start03-01-2024
  • Rent/SF$13.14
  • Lease Type Abs NNN
  • Lot/AC3.17
  • Pop 5MI26,300

2,183,950

  • Cap Rate 6.40%
  • NOI $139,773
  • R. Term/Yrs 14.3
  • Guarantor Corp R + T
  • # Units 19,986
  • Strategically located

  • Affluent suburb 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 19,986
  • Moody's/S&P Baa2/ BBB
  • Stock NYSE: DG
31149 U.S. 6, Wysox, PA , 18854
  • Size SF10,640
  • Built/Renov2024
  • Price/SF$186
  • Lease Start05-01-2024
  • Rent/SF$12.09
  • Lease Type Abs NNN
  • Lot/AC2.02
  • Pop 5MI11,157

1,978,430

  • Cap Rate 6.50%
  • NOI $128,598
  • R. Term/Yrs 14.5
  • Guarantor Corp R + T
  • # Units 19,986
  • New construction

  • Near major nationals

  • Strategically located

  • Highway location

  • 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 19,986
  • Moody's/S&P Baa2/ BBB
  • Stock NYSE: DG
833 Pittsburgh Road, Butler, PA , 16002
  • Size SF12,668
  • Built/Renov2024
  • Price/SF$183
  • Lease Start05-08-2024
  • Rent/SF$11.91
  • Lease Type Abs NNN
  • Lot/AC3.17
  • Pop 5MI19,044

2,320,430

  • Cap Rate 6.50%
  • NOI $150,828
  • R. Term/Yrs 14.5
  • Guarantor Corp R + T
  • # Units 19,986
  • New construction

  • Strategically located

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Brand new lease

  • Absolute NNN

  • Long 10+ yr lease

  • Limited competition

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Tenant Dollar General Market
  • Guarantor Corp T and Rated
  • #Units 19,986
  • Moody's/S&P Baa2/ BBB
  • Stock NYSE: DG
1165 Walnut Hill Road, Smithfield, PA , 15478
  • Size SF10,640
  • Built/Renov2023
  • Price/SF$172
  • Lease Start12-01-2023
  • Rent/SF$11.20
  • Lease Type Abs NNN
  • Lot/AC1.20
  • Pop 5MI25,749

1,832,580

  • Cap Rate 6.50%
  • NOI $119,118
  • R. Term/Yrs 14.0
  • Guarantor Corp R + T
  • # Units 19,986
  • New construction

  • Build to suit

  • Strategically located

  • Highway close

  • Top 100 MSA

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Tenant Dollar General
  • Guarantor Corp T and Rated
  • #Units 19,986
  • Moody's/S&P Baa2/ BBB
  • Stock NYSE: DG
1010 North Sharpsville Avenue, Sharon, PA , 16146
  • Size SF10,566
  • Built/Renov2023
  • Price/SF$159
  • Lease Start10-31-2023
  • Rent/SF$10.31
  • Lease Type Abs NNN
  • Lot/AC1.23
  • Pop 5MI48,114

1,675,265

  • Cap Rate 6.50%
  • NOI $108,892
  • R. Term/Yrs 13.10
  • Guarantor Corp R + T
  • # Units 19,986
  • New construction

  • Build to suit

  • Strategically located

  • Highway close

  • Top 100 MSA

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Tenant Dollar General
  • Guarantor Corp T and Rated
  • #Units 19,986
  • Moody's/S&P Baa2/ BBB
  • Stock NYSE: DG
1712 Lincoln Highway, North Versailles, PA , 15137
  • Size SF10,000
  • Built/Renov2023
  • Price/SF$185
  • Lease Start03-01-2023
  • Rent/SF$12.95
  • Lease Type NN+
  • Lot/AC1.10
  • Pop 5MI130,422

1,850,000

  • Cap Rate 7.00%
  • NOI $129,500
  • R. Term/Yrs 8.2
  • Guarantor Corp R + T
  • # Units 19,986
  • 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 19,986
  • Moody's/S&P Baa2/ BBB
  • Stock NYSE: DG
3582 Saxonburg Road, Natrona Heights, PA , 15065
  • Size SF9,100
  • Built/Renov2023
  • Price/SF$212
  • Lease Start11-07-2023
  • Rent/SF$13.81
  • Lease Type Abs NNN
  • Lot/AC1.00
  • Pop 5MI34,086

1,933,050

  • Cap Rate 6.50%
  • NOI $125,648
  • R. Term/Yrs 13.11
  • Guarantor Corp R + T
  • # Units 19,986
  • New construction

  • Hard corner intersection

  • Strategically located

  • Highway close

  • Top 100 MSA

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Tenant Dollar General
  • Guarantor Corp T and Rated
  • #Units 19,986
  • Moody's/S&P Baa2/ BBB
  • Stock NYSE: DG
1555 Washington Blvd, McKeesport, PA , 15133
  • Size SF10,566
  • Built/Renov2023
  • Price/SF$188
  • Lease Start05-09-2023
  • Rent/SF$12.19
  • Lease Type Abs NNN
  • Lot/AC0.93
  • Pop 5MI132,231

1,981,335

  • Cap Rate 6.50%
  • NOI $128,788
  • R. Term/Yrs 13.5
  • Guarantor Corp R + T
  • # Units 19,986
  • New construction

  • Hard corner intersection

  • Strategically located

  • Dense 100M+ pop 5 mi

  • Top 100 MSA

  • Long 15+ yr lease

  • Absolute NNN

  • Limited competition

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Tenant Dollar General
  • Guarantor Corp T and Rated
  • #Units 19,986
  • Moody's/S&P Baa2/ BBB
  • Stock NYSE: DG
2593 Benjamin Franklin Highway, Edinburg, PA , 16116
  • Size SF10,566
  • Built/Renov2023
  • Price/SF$175
  • Lease Start11-21-2023
  • Rent/SF$11.35
  • Lease Type Abs NNN
  • Lot/AC3.00
  • Pop 5MI21,890

1,845,230

  • Cap Rate 6.50%
  • NOI $119,940
  • R. Term/Yrs 13.11
  • Guarantor Corp R + T
  • # Units 19,986
  • New construction

  • Strategically located

  • Highway location

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Limited competition

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Dollar General
  • Guarantor Corp T and Rated
  • #Units 19,986
  • Moody's/S&P Baa2/ BBB
  • Stock NYSE: DG
1251 Theatre Road, Hastings, PA , 16646
  • Size SF10,566
  • Built/Renov2023
  • Price/SF$151
  • Lease Start10-03-2023
  • Rent/SF$9.81
  • Lease Type Abs NNN
  • Lot/AC2.95
  • Pop 5MI12,025

1,594,120

  • Cap Rate 6.50%
  • NOI $103,618
  • R. Term/Yrs 13.10
  • Guarantor Corp R + T
  • # Units 19,986
  • New construction

  • Build to suit

  • Major thoroughfare

  • Strategically located

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Dollar General
  • Guarantor Corp T and Rated
  • #Units 19,986
  • Moody's/S&P Baa2/ BBB
  • Stock NYSE: DG
5709 6th Avenue, Altoona, PA , 16602
  • Size SF9,100
  • Built/Renov2023
  • Price/SF$232
  • Lease Start10-01-2023
  • Rent/SF$15.05
  • Lease Type Abs NNN
  • Lot/AC0.69
  • Pop 5MI70,816

2,107,230

  • Cap Rate 6.50%
  • NOI $136,970
  • R. Term/Yrs 13.10
  • Guarantor Corp R + T
  • # Units 19,986
  • 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 19,986
  • Moody's/S&P Baa2/ BBB
  • Stock NYSE: DG
435 South 7th Street, Indiana, PA , 15701
  • Size SF14,285
  • Built/Renov2006/2022
  • Price/SF$159
  • Lease Start10-27-2022
  • Rent/SF$11.47
  • Lease Type NN+
  • Lot/AC1.84
  • Pop 5MI32,317

2,276,390

  • Cap Rate 7.20%
  • NOI $163,900
  • R. Term/Yrs 14.8
  • Guarantor Corp R + T
  • # Units 19,986
  • Recent renovation

  • Hard corner intersection

  • Strategically located

  • University college close

  • Strong tenant synergy

  • Long 15+ yr lease

  • Favorable NN+ lease

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Dollar General Market
  • Guarantor Corp T and Rated
  • #Units 19,986
  • Moody's/S&P Baa2/ BBB
  • Stock NYSE: DG
226 Lake Street, Salisbury, MD , 21801
  • Size SF5,000
  • Built/Renov2023
  • Price/SF$1,296
  • Lease Start02-01-2024
  • 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 17.2
  • Guarantor Corp R + T
  • # Units 83,282
  • New construction

  • Build to suit

  • Dense retail corridor

  • Near major nationals

  • Major MSA

  • Brand new lease

  • Long 15+ 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 Start02-01-2024
  • 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 17.2
  • 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 16.5
  • Guarantor Corp R + T
  • # Units 83,282
  • New construction

  • Strategically located

  • Highway location

  • Major MSA

  • Long 15+ yr lease

  • Absolute NNN

  • 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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