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Dollar General - McKeesport, PA 1555 Washington Blvd

10,566 SF Retail Building Mckeesport, PA 15133 $1,981,355 ($188/SF) 6.50% Cap Rate

Retail Buildings Pennsylvania Mckeesport 1555 Washington Blvd, Mckeesport, PA 15133

Investment Highlights

  • 132,000 population within 5 miles
  • 5% Rent Increases Every 5 yrs in Initial Term

Executive Summary

5% Rent Increases Every 5 yrs in Initial Term
132,000+ Population within 5 miles
15-yr Absolute NNN Lease
Zero Landlord Responsibilities
Rent commenced May 9, 2023
3-Five Year Options
Corporate Guaranteed by Dollar General Corporation
Investment grade rated BBB by Standard and Poor’s
3,657 Average Daily Traffic count

Attachments

McKeesport PA DG OM

Property Facts

Sale Type
Investment NNN
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,566 SF
Building Class
B
Year Built
2023
Price
$1,981,355
Price Per SF
$188
Cap Rate
6.50%
NOI
$128,788
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Land Acres
0.93 AC
Zoning
Commercial
Frontage
145 FT on Washington Blvd

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Dollar General
  • Retailer
  • 10,566 SF
  • -
  • Triple Net
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Dollar General Retailer 10,566 SF - Triple Net -
1 of 1

PROPERTY TAXES

Parcel Number 0466-E-00093-0000-00 Improvements Assessment $0
Land Assessment $78,800 Total Assessment $78,800

PROPERTY TAXES

Parcel Number
0466-E-00093-0000-00
Land Assessment
$78,800
Improvements Assessment
$0
Total Assessment
$78,800
(412) 225-7518

  • Listing ID: 28204031

  • Date on Market: 4/11/2023

  • Last Updated:

  • Address: 1555 Washington Blvd, Mckeesport, PA 15133

More public record information on 1555 Washington Blvd, Mckeesport, PA 15133

The Retail Property at 1555 Washington Blvd, Mckeesport, PA 15133 is currently available For Sale. Contact PennTex Ventures for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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Dollar General - McKeesport, PA | 1555 Washington Blvd
(412) 225-7518 x

Dollar General - McKeesport, PA | 1555 Washington Blvd

Brendan Eisenbrandt

(412) 225-7518

(412) 225-7518

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