14 Spring St - Freestanding FOR SALE


Tremont, PA 17981
$825,000 USD
856-745-0744
14 Spring St, Tremont, PA for Sale
$825,000 USD
Freestanding - FOR SALE
1/5
null | 8.5% Cap Rate

14 Spring St
Tremont, PA 17981


OVERVIEW

MSC Retail is pleased to exclusively present the opportunity to acquire a single-tenant, net leased Family Dollar located in Tremont, Pennsylvania. The property consists of an 8,000-square-foot, build-to-suit retail building completed in 2006 and occupied by Family Dollar since its original construction. The tenant currently has approximately five (5) years remaining on its lease, which includes two (2) additional five-year renewal options. Demonstrating a strong long-term commitment to the location, Family Dollar exercised one of its three (3) five-year renewal options approximately 2.5 years before the expiration of its original term. Strategically positioned at the signalized intersection of Main Street and Spring Street in the heart of Tremont, the property serves as a primary retail destination for the surrounding community. With limited competing retail in the immediate trade area, Family Dollar functions as a convenient one-stop shopping destination, offering groceries, household essentials, health and beauty products, and seasonal merchandise. The property's established presence, essential-use tenancy, and strong market position make it a critical retail anchor that continues to meet the everyday needs of the local population.

FOR SALE DETAILS

PRICE

$825,000 USD

PRICE/SF

$103 USD /SF

CAP RATE

8.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.72 AC

LAND SF

31,363 SF

ZONING

C

APN/PARCEL ID

67-04-0203.000

ASK ABOUT THIS PROPERTY

856-745-0744

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856-745-0744

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