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Dollar General Building 1 Mill Rd

14,855 SF 79% Leased Retail Building Newville, PA 17241 $2,809,640 CAD ($189 CAD/SF) 6.75% Cap Rate

Investment Highlights

  • Prime location with national retailers as neighbors and across the street from the areas main grocery store
  • Conveniently located less than 1 mile from 3 local area schools
  • The Newville market is growing with an increasing population and employment base

Executive Summary

Landmark Commercial Realty proudly represents a retail investment opportunity in West Pennsboro Township. This well-positioned property, sitting on 2.04 acres, spans ±14,855 square feet and is anchored by national brands such as Dollar General, H&R Block, and Subway, making it a prime destination for both shoppers and businesses alike. The property provides steady, reliable income with minimal landlord responsibilities. Additionally, a flexible ±1,763 SF suite in the rear remains available, offering future potential for increased rental revenue once leased. Located in a growing community with high traffic and visibility, this property offers an excellent return on investment for anyone looking to expand their portfolio with a solid, incomegenerating asset.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
14,855 SF
Building Class
C
Year Built
2013
Price
$2,809,640 CAD
Price Per SF
$189 CAD
Cap Rate
6.75%
NOI
$189,651 CAD
Percent Leased
79%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
2.04 AC
Zoning
General Commercial - This zoning allows for a combination of residential, commercial, and sometimes light industrial uses, providing flexibility for development
Parking
21 Spaces (1.41 Spaces per 1,000 SF Leased)
Frontage
265 ft on Mill Road

Amenities

  • Signage
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 101
  • 1,763 SF
  • Flex
  • -
  • Now

Open shell space. Perfect for contractor/landscaper needing to store large equipment

  • 102
  • 1,365 SF
  • Office/Retail
  • -
  • Now

Former Subway. Currently built out as a quick service restaurant

Space Size Space Use Position Available
101 1,763 SF Flex - Now
102 1,365 SF Office/Retail - Now

101

Size
1,763 SF
Space Use
Flex
Position
-
Available
Now

102

Size
1,365 SF
Space Use
Office/Retail
Position
-
Available
Now

101

Size 1,763 SF
Space Use Flex
Position -
Available Now

Open shell space. Perfect for contractor/landscaper needing to store large equipment

102

Size 1,365 SF
Space Use Office/Retail
Position -
Available Now

Former Subway. Currently built out as a quick service restaurant

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
46-07-0481-041
Land Assessment
$114,109 CAD
Improvements Assessment
$859,876 CAD
Total Assessment
$973,986 CAD
  • Listing ID: 33608322

  • Date on Market: 2024-10-23

  • Last Updated:

  • Address: 1 Mill Rd, Newville, PA 17241

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