Fortis Net Lease is pleased to present this Dollar General store located in Corry, PA. Encumbered with NNN lease that is currently on its 2nd option. There are zero landlord responsibilities and one, five-year option to renew. The lease has a corporate guarantee from Dollar General which has a “BBB” S&P rating and is considered an investment grade tenant.
The subject property is strategically located on the corner of E Main Street (4,700 VPD) and East Street. This Dollar General is situated in a high populous area with the 5 mile population exceeding 9,553. The five mile median home value exceeds $94,540 and the five-mile average household income exceeds $58,942. The Subject offering represents
an ideal opportunity for a 1031 exchange buyer or a “passive” investor to attain the fee simple ownership of a Dollar General. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, the nation’s top dollar store.