1132 3rd Ave | Ford City, PA 16226
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- LoopNet Team
1132 3rd Ave
Ford City, PA 16226
Family Dollar · Retail Property For Sale
Investment Highlights
- Investment Grade Rated Tenant – The lease is corporately backed by Dollar Tree Inc. with over 15,500 stores nationwide
- Significant Upside – The ownership benefits from a 23% vacancy with the ability to immediately increase your return through leasing the space
- Healthy Rental Increases – Family Dollar has 10% rental increases every 5 years, providing a hedge against inflation
- Long-Term Operating History – Family Dollar has operated at the location for over 15 years
- Recent Lease Renewal – Family Dollar renewed its lease for another 5 years in 2021, demonstrating a long-term commitment to the location.
- Located near Multiple Schools – The property is located near multiple schools providing a strong consumer base for the location
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
11,200 SF
Building Class
B
Year Built
2006
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.30
Lot Size
0.87 AC
Zoning
C - Commercial
Parking
29 Spaces (2.59 Spaces per 1,000 SF Leased)
Frontage
272 FT on 3rd Ave
PROPERTY TAXES
| Parcel Number | 15-0-008394 | Improvements Assessment | $171,500 |
| Land Assessment | $206,500 | Total Assessment | $378,000 |
PROPERTY TAXES
Parcel Number
15-0-008394
Land Assessment
$206,500
Improvements Assessment
$171,500
Total Assessment
$378,000
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