Listed by Foundry Real Estate Development
$2,573,186
Dollar General Market - Snow Shoe, PA
Details
Property Type Retail
Sub Type Convenience Store, Grocery Store
Square Footage 12,687
Units 1
Cap Rate 6.5%
NOI $167,257
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 04/30/2040
Remaining Term 13.9
Rent Bumps Yes
Lease Options 3-Five Year
Price per SqFt $203
Broker Co-Op Yes
Year Built 2025
Buildings 1
Stories 1
Acreage 2.930
Zoning Commercial
Investment Type Net Lease
Tenant Credit Credit Rated
Lease Commencement 04/27/2025
Occupancy Date 04/27/2025
Ground Lease No
Ownership PennTex Ventures, LLC
Sale Condition For sale by owner
Absolute NNN Dollar General Market
Marketing description
-DG MARKET
-5% RENT INCREASES EVERY 5 YRS
-15-yr Absolute NNN Lease
-Three 5-yr options
-Zero Landlord Responsibilities
-Rent Commenced April 2025
-Corporate Guaranteed by Dollar General Corporation
-Investment grade rated BBB by Standard and Poor’s
Investment highlights
-DG MARKET
-5% RENT INCREASES EVERY 5 YRS
-15-yr Absolute NNN Lease
-Three 5-yr options
-Zero Landlord Responsibilities
-Rent Commenced April 2025
-Corporate Guaranteed by Dollar General Corporation
-Investment grade rated BBB by Standard and Poor’s
Listing Contacts
Listed by Foundry Real Estate Development
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$167,257.00
$13,938.08/mo
Valuation Metrics
0
DSCR
6.5%
Cap Rate
6.5%
ROI
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