1650 Main St - Drug Store FOR SALE


Olyphant, PA 18447
$2,148,133 USD
332-345-7296
1650 Main St, Olyphant, PA for Sale
$2,148,133 USD
Drug Store - FOR SALE
1/3
null | 6.75% Cap Rate

1650 Main St
Olyphant, PA 18447


HIGHLIGHTS

  • Dollar General Relocation Store
  • Brand New 12-Year Lease
  • Sustainable Rental Rate
  • Recent Comprehensive Redevelopment
  • Strong Retail Fundamentals
  • Dense and Stable Consumer Base

OVERVIEW

Surmount is pleased to present the exclusive listing of a Dollar General located at 1650 Main Street in Olyphant, Pennsylvania. The property consists of approximately 10,669 square feet situated on an estimated 1.07-acre parcel. Dollar General has executed a new 12-year NNN lease with a projected commencement date of September 13, 2026. Initial annual rent is $144,999 and increases by 5% after Year 6 and at the beginning of each renewal option.

FOR SALE DETAILS

PRICE

$2,148,133 USD

PRICE/SF

$193 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.07 AC

LAND SF

46,609 SF

ZONING

-

APN/PARCEL ID

11410070044

ASK ABOUT THIS PROPERTY

Steven HansenSurmountMore Info
332-345-7296

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Steven HansenSurmountMore Info
332-345-7296

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