9,100 SF Building for Sale
Retail | For Sale | 9,100 SqFt
Marketing description
Lee & Associates National Investment Services Group, ("NISG") is pleased to present the opportunity to acquire the Fee Simple interest in the Dollar General property, located at 2520 SR 29 S, Monroe Township, PA, ("The Property").
This quality investment opportunity consists of an 2.34-acre site with 9,100 SF of improvements. This is a single tenant NNN investment. There are 5+ years remaining with a full corporate guarantee. The tenant also has three (3) renewal options.
The Property benefits from limited nearby competition, with the nearest convenience store located over 7 miles away and the closest supermarket approximately 10 miles away, supporting strong local demand and tenant performance.
Dollar General maintains its market position by targeting core customers in smaller communities. The brand's approach and wide product selection ensure strong brand recognition and steady sales growth. Dollar General's fiscal year 2024, which ended on February 2, 2024, reported net sales of $38.7 billion, a 2.2% increase from fiscal year 2023. The dollar store market reached approximately $124.9 billion in revenue in 2024, with an annual growth rate of 4.7% over the past five years.
Investment highlights
- This is a single tenant NNN investment
- There are 5+ years remaining with a full corporate guarantee
- The tenant also has three (3) renewal options
- The Property benefits from limited nearby competition, with the nearest convenience store located over 7 miles away and the closest supermarket approximately 10 miles away, supporting strong local demand and tenant performance
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