FOREST HILLS DR Salix PA 15952

DOLLAR GENERAL CORPORATE LEASE:

• Approximately 11.5 Years Remaining in the Initial 15 Year Lease Term
• 2017 Construction - 9,100 SF
• Three (3) - Five (5) Year Option Periods with 10% Rental Increases
• Wide Profile Building Type for Flexible Future Use & Universal Applications

A TRUE COUPON CLIPPER | ABSOLUTE NNN LEASE:

• Absolute NNN Lease with ZERO Management Responsibilities
• Tenant Pays for ALL Operating Expenses, Insurance & Property Taxes

UNIVERSITY OF PITTSBURGH AT JOHNSTOWN:

• Located 3.6 Miles (5 Minute Drive) from the Subject Property
• Founded in 1927
• Total Student Enrollment = 3,000
• Faculty = 141 (Full-Time); 112 (Part-Time)

PROXIMITY TO OTHER CITIES:

• Altoona, Pennsylvania | 42 Miles
• Latrobe, Pennsylvania | 46 Mile
• Pittsburgh, Pennsylvania | 83 Miles
• Hagerstown, Maryland | 105 Miles
• Morgantown, West Virginia | 106 Miles
• Harrisburg, Pennsylvania | 132 Miles

TRADE AREA DEMOGRAPHICS:

• 1-Mile Population = 869 Residents
• 1-Mile Average Household Income = $63,788
• 3-Mile Population = 4,610 Residents
• 3-Mile Average Household Income = $71,448
• 5-Mile Population = 21,469 Residents
• 5-Mile Average Household Income = $73,796
• 7-Mile Population = 41,753 Residents
• 7-Mile Average Household Income = $69,716

TENANT:

• Dollar General (NYSE: DG) Features Investment Grade Credit "BBB" by Standard & Poor's
• 17,266 Stores in 46 States as of February 26, 2021
• Dollar General Achieved Their 31st Consecutive Year of Positive Same-Store Sales Growth in 2020
• Ranked #112 on the Fortune 500 List -
• Up 7 Spots from Last Year (Dollar General has Moved Up the Fortune 500 Rankings for 11 Consecutive Years)
• In 2021 Dollar General Plans to Execute 2,900 Real Estate Projects, Including 1,050 New Store Openings, 1,750 Store Remodels, and 100 Store Relocations