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30107832
30107833

23 Wert Dr, Thompsontown, PA 17094

AF
PA PA RSR006585, MD MD 5002882 (+2)
SRS Real Estate Partners McLean
Listed by SRS Real Estate Partners McLean
$1,228,543
90 days on market
Updated 90 days ago

Dollar General - Thompsontown PA

Details
APN 02.02 .102.000
Property Type Retail
Sub Type Convenience Store, Grocery Store (+1)
Square Footage 9,100
Cap Rate 7%
NOI $85,998
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type Absolute NNN
Lease Term 15.1
Lease Expiration 10/31/2030
Remaining Term 4.4
Rent Bumps Yes
Lease Options 3 (5-Year)
Price per SqFt $135
Broker Co-Op Yes
Year Built 2015
Buildings 1
Stories 1
Acreage 1.540
Zoning Commercial
Parking Spaces 27 spaces
Parking Per SqFt 2.97
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 10/14/2015
Ground Lease No
Ownership Fee Simple

Retail | 7.00% CAP | 9,100 SqFt

Investment highlights

  • 10-Year Operating History | 4+ Years Remaining | Corporate Guaranteed | Options to Extend

  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities

  • Fronting Main Street (3,900 VPD) | US-22/322 (17,100 VPD) | Limited Competition | Excellent Visibility & Access

  • Local Demographics In 5-mile Trade Area

Listing Contacts

AF
PA PA RSR006585, MD MD 5002882 (+2)
SRS Real Estate Partners McLean
Listed by SRS Real Estate Partners McLean

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$85,998.00
$7,166.50/mo

Valuation Metrics

0
DSCR
7%
Cap Rate
7%
ROI

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Additional Information

Name
David Wirth
License
PA License No. RM421531
Brokerage
SRS Real Estate Partners-Northeast, LLC
Title
Broker of Record
Name
Andrew Fallon
License
PA RSR006585
Brokerage
SRS National Net Lease Group LP
Title
Real Estate Salesperson
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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