616 Main St - Freestanding FOR SALE


Gallitzin, PA 16641
$825,000 USD
717-524-9852
616 Main St, Gallitzin, PA for Sale
$825,000 USD
Freestanding - FOR SALE
1/19
null | 7.97% Cap Rate

616 Main St
Gallitzin, PA 16641


HIGHLIGHTS

  • Corporate Dollar General lease guarantee
  • Scheduled rent increases during renewal options
  • Passive NNN investment structure
  • Attractive going-in yield
  • Freestanding single-tenant retail building
  • Recent interior store renovations completed by tenant

OVERVIEW

Landmark Commercial Realty is pleased to exclusively offer for sale a corporately guaranteed Dollar General investment opportunity. This freestanding retail property is leased to Dollar General with future renewal options and scheduled rent increases. The tenant has demonstrated a strong commitment to the location through an early lease extension and recent store improvements. Supported by a passive investment structure (minus roof/structure), recent capital upgrades, and the strength of one of the nation's leading discount retailers, this offering provides stable cash flow and long-term investment security.

FOR SALE DETAILS

PRICE

$825,000 USD

PRICE/SF

$92 USD /SF

CAP RATE

7.97%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.56 AC

LAND SF

24,350 SF

ZONING

Commercial

APN/PARCEL ID

030-022755

ASK ABOUT THIS PROPERTY

Trey BrakefieldLandmark Commercial RealtyMore Info
717-524-9852

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Trey BrakefieldLandmark Commercial RealtyMore Info
717-524-9852

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