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2417 State Route 118
Sweet Valley, PA 18656
Dollar General · Retail Property For Sale
PROPERTY FACTS
About 2417 State Route 118 , Sweet Valley, PA 18656
Marcus & Millichap is pleased to present the exclusive listing for a Dollar General located at 2417 State Route 118 in Sweet Valley, Pennsylvania. Built in 2015, the property consists of 9,026 square feet of building space and is situated on a 2.00-acre parcel. This investment is subject to an absolute triple net (NNN) lease and has roughly 13 years remaining on an original 15-year lease. This is a corporate location and is guaranteed by Dollar General corporate (NYSE: DG), which has an investment grade credit rating (S&P BBB, Stable). The base rent is $102,000 and is subject to 10 percent (10%) rental escalations in each tenant renewal option. Tenant shall be entitled to extend the term of the Lease for two (2) successive periods of five (5) years each and one (1) successive period of four (4) years and eleven (11) months. This Dollar General property is located at 2417 State Route 118 in Sweet Valley, Pennsylvania. Sweet Valley is an unincorporated community in Luzerne County, Pennsylvania. Luzerne County is included in the Scranton-Wilkes-Barre-Hazleton, Pennsylvania metropolitan Statistical Area. This Dollar General property has approximately 12,130 people residing within a five-mile radius of the property and over 77,260 people residing within a ten-mile radius. The subject property benefits from its position on State Route 118, which has an average daily traffic count of 8,889 vehicles. The subject property is also situated near the entrance/exit ramp for U.S. Interstate 81, which has an average daily traffic count of 56,720 vehicles.
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PROPERTY TAXES
Parcel Number | 37-F5-00A-02P-000 | Improvements Assessment | $0 |
Land Assessment | $3,100 | Total Assessment | $3,100 |
PROPERTY TAXES
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Listing ID: 5730254
Date on Market: 2/2/2017
Last Updated:
Address: 2417 State Route 118, Sweet Valley, PA 18656