1969 US Hwy 522 N - Freestanding FOR SALE


Lewistown, PA 17044
$1,319,360 USD
215-603-6914
1969 US Hwy 522 N, Lewistown, PA for Sale
$1,319,360 USD
Freestanding - FOR SALE
1/6
null | 7.5% Cap Rate

1969 US Hwy 522 N
Lewistown, PA 17044


HIGHLIGHTS

  • Absolute NNN Lease - Passive Ownership Structure. DG is responsible for taxes, insurance, and maintenance - zero Landlord obligations.
  • Corporately guaranteed by Dollar General (NYSE: DG), an investment grade credit tenant rated BBB by Standard & Poor’s.
  • 15-year absolute NNN lease commencing November 13, 2020, and expiring November 30, 2035, with over 10 years remaining.
  • Ideal DG Submarket - Dollar General serves as a primary resource for grocery and household necessity items in Lewistown, PA.
  • Located approximately 30 miles from State College, home to Penn State University, the property captures additional demand from students and visitors.
  • The property is along U.S. Highway 522 N (7,197 VPD) and benefits from Lewistown’s Amtrak station, providing regional access.

OVERVIEW

Part of a portfolio, available together or individually. Click here to view all properties: https://cbreemail.com/s/6cb7163cfd370b83e075e7db3b2e36445a241730 The Dollar General is strategically located at 1969 U.S. Highway 522 N in Lewistown, Pennsylvania, along a primary north-south corridor that sees 7,197 vehicles per day, providing the property with solid visibility and consistent traffic exposure. Lewistown serves as the county seat of Mifflin County and is approximately 30 miles from State College, home to Penn State University, offering access to a large student and faculty population as well as regional visitors. The immediate area features a population of 1,077 within 1 mile and 21,385 within 5 miles, with an average household income of $66,191 in the 5-mile ring, reflecting steady demand for value-driven retail.

FOR SALE DETAILS

PRICE

$1,319,360 USD

PRICE/SF

$103 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General | Lewistown, PA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Storefront, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1.11 AC

LAND SF

48,352 SF

ZONING

C-2

APN/PARCEL ID

16-09-0105IC-000

ASK ABOUT THIS PROPERTY

Matthew GormanCBRE, Inc.More Info
215-603-6914

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Matthew GormanCBRE, Inc.More Info
215-603-6914

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