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DOLLAR GENERAL 786 Main St

10,640 SF 100% Leased Retail Building Duke Center, PA 16729 $1,563,131 ($147/SF) 7.25% Cap Rate

Investment Highlights

  • List price of $1,563,131 yielding an attractive 7.25% cap rate.
  • The subject property is newly constructed as of 2024.
  • Limited competition in the nearby trade area as the closest Dollar Tree and Walmart are both located over ±7.50 miles away.
  • ±15 year lease with over ±14.25 years remaining on the primary term. The lease contains two, 5-year and one, 4-Year + 11-month options to extend with
  • Absolute NNN lease with zero landlord responsibilities, ideal for investors seeking a passive stream of cash flow.
  • Strong corporate guaranty from Dollar General Corporation, a Fortune 500 company, boasting a BBB credit rating (S&P) and a $17 billion market cap.

Executive Summary

Broker of Record
Kyle Matthews
License No. RB068831 (PA)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
10,640 SF
Year Built
2024
Price
$1,563,131
Price Per SF
$147
Cap Rate
7.25%
NOI
$113,327
Percent Leased
100%
Building Height
1 Story
Building FAR
0.17
Lot Size
1.42 AC

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • DOLLAR GENERAL
  • Retailer
  • -
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
DOLLAR GENERAL Retailer - - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
020-029003
Land Assessment
$23,540
Improvements Assessment
$0
Total Assessment
$23,540
  • Listing ID: 33464724

  • Date on Market: 10/9/2024

  • Last Updated:

  • Address: 786 Main St, Duke Center, PA 16729

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