1 Mill Rd - Storefront FOR SALE
Newville, PA 17241 |
$1,691,000 USD
771-208-7475
1 Mill Rd
Newville, PA 17241
HIGHLIGHTS
- Recession-resistant tenant lineup: Dollar General, H&R Block, and Diamond Palace Skill Games
- H&R Block lease extended through January 31, 2035 with 2.5% annual rent increases
- Modern 2013 construction minimizes CapEx exposure for incoming buyer
- 86% occupied with 2,009 SF of vacant upside available for incremental income
- Located on Route 233, key connector between I-81 and I-76 with heavy commuter traffic
- 5-mile population of ~11,919; Dollar General ranked 51st nationally per AlphaMap data
FOR SALE DETAILS
PRICE
$1,691,000 USD
PRICE/SF
$114 USD /SF
CAP RATE
7.98%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dollar General Building
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2013
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
2.04 AC
LAND SF
88,862 SF
ZONING
General Commercial
APN/PARCEL ID
46-07-0481-041
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771-208-7475
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771-208-7475
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