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Dollar General - Sharon, PA 1010 Sharpsville

10,566 SF Retail Building Sharon, PA 16146 $1,675,265 ($159/SF) 6.50% Cap Rate

Retail Buildings Pennsylvania Sharon 1010 Sharpsville, Sharon, PA 16146

Investment Highlights

  • 15-yr absolute NNN lease
  • Investment grade tenant
  • 23,000+ population within 2 miles
  • 5% Rent Increases Every 5 yrs in Initial Term

Executive Summary

5% Rent Increases Every 5 yrs in Initial Term
15-yr Absolute NNN Lease
Zero Landlord Responsibilities
Rent to commence September 2023
3-Five Year Options
Corporate Guaranteed by Dollar General Corporation
Investment grade rated BBB by Standard and Poor’s
23,000+ Population within 2 miles
3,669 Average Daily Traffic count

Attachments

Sharon PA DG OM

Property Facts

Sale Type
Investment
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,566 SF
Building Class
B
Year Built
2023
Price
$1,675,265
Price Per SF
$159
Cap Rate
6.50%
NOI
$108,892
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.23 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
Commercial
Frontage
300 FT on N Sharpsville Ave

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Dollar General
  • -
  • -
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
Dollar General - - - -
1 of 1

PROPERTY TAXES

Parcel Number 69-20110 Improvements Assessment $0
Land Assessment $2,700 Total Assessment $2,700

PROPERTY TAXES

Parcel Number
69-20110
Land Assessment
$2,700
Improvements Assessment
$0
Total Assessment
$2,700
(412) 225-7518

Contact

  • Listing ID: 29626183

  • Date on Market: 9/26/2023

  • Last Updated:

  • Address: 1010 Sharpsville, Sharon, PA 16146

More public record information on 1010 Sharpsville, Sharon, PA 16146

The Retail Property at 1010 Sharpsville, Sharon, PA 16146 is currently available for sale. Contact PennTex Ventures for more information.

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Dollar General - Sharon, PA | 1010 Sharpsville
(412) 225-7518 x

Dollar General - Sharon, PA | 1010 Sharpsville

Brendan Eisenbrandt

(412) 225-7518

(412) 225-7518

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