Dollar General

31149 U.S. 6, Wysox, PA 18854

$1,978,430

Cap Rate 6.50%

Views: 58 DOM: 44 Updated: 10.08.24 Posted: 10.08.24 Status: Active

Summary

Price $1,978,430	Built/Renov 2024	Tenant Dollar General
Cap Rate 6.50%	Lease Type Abs NNN	Guarantor Corp T and Rated
Size/SF 10,640	Lease Start 05-01-2024	#Units 19,986
Price/SF $185.94	Expiration 05-31-2039	Tenant Type Dollar/Discount
NOI $128,598	R. Term 14.6	Ownership Fee Simple
Rent/SF $12.09	Increases 5.0%/5/yrs	Pop 5Mi 11,157
Lot/AC 2.02	Options 3/5yrs/5%	AHHI 5Mi $76,295

Brendan Eisenbrandt

PennTex Ventures

Contact

Lease Highlights

Brand new 2024 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 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 6, with access to 7,141 vehicles passing by daily. Route 6 is a key highway running east-west through Pennsylvania, connecting the Ohio and New York state borders. Key employers and traffic drivers within a 10-minute drive of the property include Reeves Business Park, Panda Liberty Power Station, JELD-WEN Windows & Doors, Sheetz Corporate...

...

Key Features

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

...

Links

Dollar General Wikipedia Dollar General Wikipedia Wysox, Pennsylvania Zip Code 18854 Broker Site Page

Maps

Local Information

1 Mile
3 Miles
5 Miles

Tenant

Tenant: Dollar General
Guarantor:Corp T and Rated
Company:Dollar General Corporation
# Units:19,986
Tenant S&P: BBB
Moody’s: Baa2
Stock: NYSE: DG

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...

...

Listing Broker

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