700 Clay Ave - Freestanding FOR SALE
Jeannette, PA 15644 |
$1,340,000 USD
513-505-1677
700 Clay Ave
Jeannette, PA 15644
HIGHLIGHTS
- Established Operating History. Dollar General has been operating at The Property since 2010.
- Investment Grade Credit Tenant. Dollar General has a BBB Credit Rating (S&P).
- Limited Landlord Responsibility. Stable passive investment. Landlord's responsibility limited to roof and structure maintenance.
- Commitment to the Site. Tenant has exercised its option extension early and has extended their term until 2031 (three Options remaining) and recently.
- Rental Increases. Tenant has 10% Rental Increases for each remaining option extension.
FOR SALE DETAILS
PRICE
$1,340,000 USD
PRICE/SF
$149 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2010
SPRINKLERS
-
PARKING SPACES
26
LAND DETAILS
LAND ACRES
0.5 AC
LAND SF
21,780 SF
ZONING
-
APN/PARCEL ID
14-01-12-0-536
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513-505-1677
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513-505-1677
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