loader
Join Free
Views: 75 DOM: 83 Updated: 10.08.24 Posted: 10.08.24 Status: Active

Summary

Price $1,763,430
Built/Renov 2023
Tenant Dollar General
Cap Rate 6.50%
Lease Type Abs NNN
Guarantor Corp T and Rated
Size/SF 10,566
Lease Start 12-01-2023
#Units 19,986
Price/SF $166.90
Expiration 12-31-2038
Tenant Type Dollar/Discount
NOI $114,623
R. Term 14.0
Ownership Fee Simple
Rent/SF $10.85
Increases 5.0%/5/yrs
Pop 5Mi 5,309
Lot/AC 2.50
Options 3/5yrs/5%
AHHI 5Mi $56,757

Lease Highlights

  • New 2023 construction
  • Dollar General has 14 years remaining on the current lease term with 3 (5-year) options to extend
  • The lease features 5% rental increases every 5 years throughout the initial term and option periods
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guarantee | Investment grade tenant

Location Description

Dollar General is strategically located on Route 219/Pittsburgh-Buffalo Highway, with access to 8,119 vehicles passing by daily. The property benefits from limited competition, as residents must travel 2.5 miles west to Brockway for major shopping options. The site features over 296 feet of frontage and more than 300 feet of visibility, allowing for a full-turn ingress and egress onto Route...

...

Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

About Tenant

Dollar General Corporation (NYSE: DG) is an American chain of  variety stores . The stores deliver everyday low prices on items including food, snacks, health, and beauty aids, cleaning...


...

Traffic

Collection Street Cross Street Year Traffic Vol Distance
T403 2021 8,119 0.05 mi
Keystone Ln 2022 5,762 0.05 mi
Howards Rd 2019 5,648 0.05 mi
US Hwy 219 Boggy Run Rd 2016 5,717 0.28 mi
Boggy Run Rd 2022 234 0.79 mi
T331 2022 21 1.13 mi
Keystone Road Orchard Dr 2021 869 1.14 mi
Toby Rd 2022 4,935 1.31 mi
US Hwy 219 Marchiori Rd 2019 4,752 1.44 mi
Bennett Dr 2022 112 1.73 mi

Listing Broker

Loading...
Disclaimer & Confidentiality
All information, content, data, and other materials on this Platform (“Content”) is made available to you on an “AS IS” basis without warranties of any kind, express or implied. All such Content is made available for informational purposes only and should not be relied on by you for any purpose. Content may contain errors, may be inaccurate or incomplete and/or, due to changing circumstances or other causes, may change or ultimately prove to be inaccurate or incomplete. Other than as set forth in our Terms of Service we do not have any control over your use of our Services or any Content. You should not use any such Services or any Content without validating the results through independent research, obtaining up-to-date information, and considering all relevant facts and circumstances, including your specific situation (financial or otherwise). We do not recommend, guarantee, or represent that the Services or any Content will predict the future performance of real estate assets or other assets of any kind. Moreover, we do not warrant the performance or results that may be obtained by using any of the foregoing. WE ARE NOT ENGAGED IN RENDERING TAX, LEGAL, INVESTMENT, FINANCIAL OR RISK MANAGEMENT ADVICE, AND THE RESULTS OF USE OF OUR SERVICES AND ANY CONTENT MUST NOT BE REGARDED OR REPRESENTED AS CONSTITUTING SUCH ADVICE. WE DO NOT MAKE ANY REPRESENTATIONS OR WARRANTIES REGARDING THE ACCURACY OF ANY CONTENT AND/OR PROJECTIONS GENERATED BY THE SERVICES OR ANY CONTENT

GET IN TOUCH

my activity