786 Main St - Department Store FOR SALE
Duke Center, PA 16729 |
$1,462,284 USD
732-832-5414
786 Main St
Duke Center, PA 16729
HIGHLIGHTS
- List price of $1,563,131 yielding an attractive 7.25% cap rate.
- ±15 year lease with over ±14.25 years remaining on the primary term. The lease contains two, 5-year and one, 4-Year + 11-month options to extend with
- The subject property is newly constructed as of 2024.
- Absolute NNN lease with zero landlord responsibilities, ideal for investors seeking a passive stream of cash flow.
- Limited competition in the nearby trade area as the closest Dollar Tree and Walmart are both located over ±7.50 miles away.
- Strong corporate guaranty from Dollar General Corporation, a Fortune 500 company, boasting a BBB credit rating (S&P) and a $17 billion market cap.
FOR SALE DETAILS
PRICE
$1,462,284 USD
PRICE/SF
$137 USD /SF
CAP RATE
7.75%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
DOLLAR GENERAL
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Department Store
ADD'L SUBTYPES
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.42 AC
LAND SF
61,855 SF
ZONING
-
APN/PARCEL ID
020-029003
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732-832-5414
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732-832-5414
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