149 Mountain View Ln
Jersey Shore, PA 17740
Retail Property For Sale
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PROPERTY FACTS
ABOUT 149 MOUNTAIN VIEW LN , JERSEY SHORE, PA 17740
• Absolute Net (NNN) Investment | Dollar General operates on an Absolute Net (NNN) Lease with tenant fully responsible for maintenance, insurance and taxes providing the landlord with a low maintenance asset. • Corporate Guarantee | Dollar General Corporation (NYSE:DG) is a fortune 500 company with over 80 years in business and $25.6 billion in revenue FY’18. • Future Rent Growth-10% Increases In Each Option Period | There are 10% rental increases built into the lease in each option period, providing the landlord with positive rent growth and a hedge against inflation • Strong Tenant Commitment | The lease features an initial term of 15 Years with an additional three (3) 5 year options to extend the lease until 2049, indicating strong commitment to the site. • A One-Stop Shop | Dollar General delivers everyday low prices on items including food, health, beauty aids, cleaning supplies, family apparel and houseware. • Brand New 2020 Build-to-Suit Development | This asset is a brand new build-to-suit delivered in May, 2020. • Advantageous Demographics | This is an isolated community in the heart of the river valley outside of Williamsport, PA, which serves as the ideal target market for this tenant and further support sales. • Recession Resistant Guarantor | Dollar General is a leader amongst low price-point retailers and thrives in markets where income may be modest.
PROPERTY TAXES
Parcel Number | 25-427.0-0144.Z-000 | Improvements Assessment | $346,500 |
Land Assessment | $46,610 | Total Assessment | $393,110 |
Listing ID: 19209756
Date on Market: 4/13/2020
Last Updated:
Address: 149 Mountain View Ln, Jersey Shore, PA 17740
The Retail Property at 149 Mountain View Ln, Jersey Shore, PA 17740 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.