Dollar General | 3414 W Roy Furman Hwy
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Dollar General 3414 W Roy Furman Hwy
9,100 SF Retail Building Waynesburg, PA 15370 $1,308,077 ($144/SF) 7.75% Cap Rate
Investment Highlights
- Corporately guaranteed by Dollar General, an investment grade credit tenant rated BBB by Standard & Poor’s
- Build-to-Suit construction for Dollar General in 2018
- 5 miles from some of the county's primary economic drivers, including Waynesburg University and Washington Health System
- 9+ years remaining and three, 5-year renewal options remaining on an Absolute NNN lease with zero landlord responsibilities,
- 10% rent increases in each of three options to renew
- The large 2.6-acre parcel offers numerous redevelopment options should it ever become necessary
Executive Summary
CBRE IS PLEASED TO EXCLUSIVELY PRESENT FOR SALE this 9,100 square foot Dollar General property located in Waynesburg, Greene County, Pennsylvania. This Dollar General was a built-to-suit construction for Dollar General in 2018 and has 9+ years remaining on a NNN lease with no landlord responsibilities, making this an ideal investment for a passive investor.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
C
Year Built
2018
Price
$1,308,077
Price Per SF
$144
Cap Rate
7.75%
NOI
$101,376
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Land Acres
2.06 AC
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Dollar General | 3414 W Roy Furman Hwy
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