1543 Pennsylvania Ave - Freestanding FOR SALE


Monaca, PA 15061
$1,280,000 USD
732-832-5414
1543 Pennsylvania Ave, Monaca, PA for Sale
$1,280,000 USD
Freestanding - FOR SALE
1/1
null | 7.5% Cap Rate

1543 Pennsylvania Ave
Monaca, PA 15061


OVERVIEW

This 2020 built-to-suit Dollar General features upgraded construction with a modern facade and windows. The property is strategically positioned on the main retail corridor in Monaca, exposed to over 7,800 vehicles per day (VPD), providing strong visibility and traffic flow. With over 10 years remaining on the primary lease term, including two 5-year options and 10% rental increases in each option period, this is a secure, long-term investment. The lease is backed by a corporate guarantee from Dollar General Corporation, a Fortune 100 company with an investment-grade credit rating of BBB (S&P). The NN+ lease structure ensures limited landlord responsibilities, making this an ideal passive investment opportunity with returns above the market average. The property is situated in a strong demographic area with over 188,919 residents within a 10-mile radius and an average household income of $96,667. Points of interest include Pittsburgh (20 miles), the Shell Pennsylvania Petrochemicals Complex (4 miles), Moraine State Park (25 miles), and Monaca Riverfront Park (1 mile), enhancing the location's appeal and accessibility.

FOR SALE DETAILS

PRICE

$1,280,000 USD

PRICE/SF

$171 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,473 SF

ZONING

-

APN/PARCEL ID

36-002-0827.000

ASK ABOUT THIS PROPERTY

Edward DesimoneMatthews Real Estate Investment ServicesMore Info
732-832-5414

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Edward DesimoneMatthews Real Estate Investment ServicesMore Info
732-832-5414

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.