Listed by SRS Real Estate Partners McLean
$1,650,000
Dollar General - Farrell PA
Details
APN 52 426 124
Property Type Retail
Sub Type Storefront
Square Footage 10,640
Cap Rate 6.84%
NOI $112,824
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type Absolute NNN
Lease Term 15.1
Lease Expiration 09/29/2035
Remaining Term 9.2
Rent Bumps Yes
Lease Options 2 (5-Year)
Year Built 2020
Acreage 1.710
Zoning C-2: Community Commercial
Parking Spaces 40 spaces
Parking per 1,000 SqFt 3.76
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 09/08/2020
Ground Lease No
Ownership Fee Simple
Retail | 6.84% CAP | 10,640 SqFt
Investment highlights
- 9+ Years Remaining | Scheduled Rental Increases | Corporate Guaranteed
- Absolute NNN | Fee Simple Ownership | No Landlord Responsibilities
- Dense Retail Corridor | Strong National/Credit Tenant Presence | Next to Farrell Area High School & Elementary School
- Along Sharon-New Castle Rd | Excellent Visibility
- Strong Demographics in 5-mile Trade Area
Listing Contacts
Listed by SRS Real Estate Partners McLean
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$112,824.00
$9,402.00/mo
Valuation Metrics
0
DSCR
6.84%
Cap Rate
6.84%
ROI
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