1218 Route 739 | Milford, PA 18337
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- LoopNet Team
1218 Route 739
Milford, PA 18337
DG Market · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Recently completed in late 2023 and is operating on a 15 year Absolute NNN lease with three 5 year options to renew and zero landlord responsibilities
- Milford sits at the border of Pennsylvania, New Jersey and is part of the New York metropolitan area.
- DG Market stores are an expanded store format that provide access to more fresh meat, produce and dairy, an alternative to traditional supermarkets
- Corporately guaranteed by Dollar General, investment grade credit tenant (S&P: BBB) with nearly 20,000 locations and 2023 revenue of $37.88B.
- Dollar General sits just 6 miles from on/off ramps to I-84 (18,312 VPD), an interstate route that leads from Northeast Pennsylvania to Connecticut.
- 10% rent increases in each of three options to renew
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,668 SF
Building Class
B
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
2.22 AC
PROPERTY TAXES
| Parcel Number | 112062 | Improvements Assessment | $94,680 |
| Land Assessment | $10,140 | Total Assessment | $104,820 |
PROPERTY TAXES
Parcel Number
112062
Land Assessment
$10,140
Improvements Assessment
$94,680
Total Assessment
$104,820
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