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DOLLAR GENERAL | NEW BRIGHTON, PENNSYLVANIA

Purchase Price
$1,460,229
Location
546 Route 68
Cap Rate
7.00%
Annual Rent
$102,216.00
Building Size
9,100 SF
Land Area
2.065 Acres
Ownership
Fee Simple
Lease Type
Absolute NNN
Term Remainning
9 Years
LEASE EXPIRATION
7/31/2035
Renewal Options
Three (3) - Five (5) Year
RENT INCREASES
10% at Options
Parking
30 Spaces
Year Built
2020
APN
59-012-0298.000
Traffic Counts
3,481 VPD

INVESTMENT HIGHLIGHTS

 

DOLLAR GENERAL CORPORATE GUARANTEED LEASE:

  • Approximately 9 Years of Guaranteed Lease Term Remaining (Lease Exp: July 2035)
  • 2020 Construction - Build-to-Suit Dollar General
  • 9,100 SF Building | 2.065 Acre Parcel
  • Three (3) - Five (5) Year Option Periods at 10% Rent Increases
 

ABSOLUTE NNN LEASE:

  • Absolute NNN Lease with ZERO Management Responsibilities
  • Tenant Pays for ALL Operating Expenses, Insurance & Reimburses Property Taxes
 

PROXIMITY FROM NEW BRIGHTON, PA:

  • Pittsburgh, PA | 30 Miles
  • Latrobe, PA | 66 Miles
  • Canton, OH | 68 Miles
  • Wheeling, WV | 69 Miles
  • Akron, OH | 84 Miles
  • Morgantown, WV | 98 Miles
  • Erie, PA | 110 Miles
 

TRADE AREA DEMOGRAPHICS:

  • 1-Mile: 794 Residents | $106,145 Average Household Income
  • 3-Mile: 20,461 Residents | $81,031 Average Household Income
  • 5-Mile: 59,989 Residents | $91,800 Average Household Income
  • 7-Mile: 93,493 Residents | $104,190 Average Household Income
  • 10-Mile: 191,545 Residents | $114,078 Average Household Income
  • 15-Mile: 325,623 Residents | $136,843 Average Household Income
 

TENANT:

  • Strong Investment Grade Credit Rating of "BBB" by Standard & Poor's
  • Ranked #112 on the Fortune 500 List
  • 21,055 Stores in 48 States

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