339 N Pike Rd - Freestanding FOR SALE


Sarver, PA 16055
$1,464,607 USD
215-603-6914
339 N Pike Rd, Sarver, PA for Sale
$1,464,607 USD
Freestanding - FOR SALE
1/7
null | 7.25% Cap Rate

339 N Pike Rd
Sarver, PA 16055


HIGHLIGHTS

  • Absolute NNN lease - passive ownership structure. DG is responsible for taxes, insurance, and maintenance - zero Landlord responsibilities.
  • Corporately guaranteed by Dollar General (NYSE: DG), an investment grade credit tenant rated BBB by Standard & Poor’s.
  • 15-year lease with Dollar General, which commenced December 16, 2020, and runs through December 31, 2035, providing over 10 years of remaining term.
  • Strong Pittsburgh MSA Demos - within a 5-mile radius, the property serves a population of 17,889 residents with an AHI of $112,274.
  • Situated on a sizable 2.44-acre parcel, providing ample space for customer parking, efficient store operations, and long-term site flexibility.

OVERVIEW

Part of a portfolio, available together or individually. Click here to view all properties: https://cbreemail.com/s/6cb7163cfd370b83e075e7db3b2e36445a241730 This Dollar General is strategically located at 339 N Pike Road in Sarver, Pennsylvania, just north of the highly trafficked town of Sarver. The property benefits from excellent visibility along N Pike Road, which transitions into S Pike Road closer to Sarver, resulting in traffic counts increasing from 12,409 VPD near the site to 23,535 VPD further south, providing strong daily exposure. The surrounding trade area includes 17,889 residents within 5 miles and 30,300 within 7 miles, with an average household income of $112,274 in the 5-mile ring, reflecting a strong, affluent core customer base. The area has experienced steady population growth over the past five years, supporting ongoing demand for retail convenience.

FOR SALE DETAILS

PRICE

$1,464,607 USD

PRICE/SF

$172 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General | Sarver, 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

-

LAND DETAILS

LAND ACRES

2.74 AC

LAND SF

119,354 SF

ZONING

C

APN/PARCEL ID

040-1F75-A1B-0000

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.