Dollar General 134 Path Valley Rd

Scope Commercial Real Estate Investment Services is pleased to exclusively present for sale the Dollar General at 154 Path
Valley Road, Fort Loudan, PA. This local Dollar General serves as a staple store for locals to shop for every day. According to
Placer.ai, the subject property has had 181,900 visits over the last 12 months, a 39.5% increase from 126,900 visits in 2021.
Of the 181,900 visits, 87,300 visitors visited over 30 times in the last year. Additionally, Placer.ai ranks the subject property in
the Top 5 Dollar Generals within 15 miles, placing it in the 60th percentile.
The property features a Gross Leasable Area (GLA) of 9,226 square feet and was built to suit in 2010 in the downtown area of
Fort Loudan, PA. It offers 27 surface parking spaces, providing a parking ratio of 2.93 spaces per 1,000 square feet. The property
has 273 feet of frontage on Path Valley Road and sits on a 1.14-acre lot. The lease is a NNN with the landlord responsible for
the roof, structure, and capital expenditures, and reimbursed for common area maintenance. The lease was extended early
by 5 years in February of 2023, with a new expiration date of November 30th, 2030, leaving 7 years and 1 months of term
remaining. There will be a built-in rent increase of 4.7% on December 1st, 2025.
Traffic counts in the area are as follows: Path Valley Rd/Mullen St at 2,800 vehicles per day, Main St/Mill St at 700 vehicles per
day, Lincoln Way W/Rosenberry Dr at 5,800 vehicles per day, and Rosenberry Drive/Rosenberry Dr at 5,400 vehicles per day.
Fort Loudon, PA, is approximately 14 miles from Chambersburg, PA, where most large retailers are located such as, Giant,
Target, Staples, Five Below, Kohls, Walmart, Lowe’s, Chick-Fil-A, and Chipotle. The subject property is conveniently situated
near major highways, making travel easy and accessible. Just 1 mile from US-30 with a combined VDP of 6,051, providing a
direct route to Chambersburg and other nearby towns. Additionally, I-76 and I-81 are about 20 miles south and 15 miles east
respectively, connecting Fort Loudan to Harrisburg, Pittsburgh, and Hagerstown Maryland. This strategic location ensures that
residents and visitors can enjoy the charm of a small town while having quick access to major roadways.
Fort Loudon, PA, is a small community in Franklin County known for its historical significance and proximity to major highways.
The town has a population of 6,681 within 5 miles, and 23,375 within 10 miles. The average household income is $73,935
within 5 miles and $81,227 within 10 miles.
The Chambersburg-Waynesboro retail market is showing resilience, with a current vacancy rate of 8.0%, slightly down from
last year. General retail buildings have a notably low vacancy rate of 1.6%, indicating strong demand for these properties.
Rents have increased by 2.4% over the past year, now averaging $13.70 per square foot, reflecting a healthy market trend.
Sales activity remains steady, with 9 transactions totaling $5.2 million in the past year. The lack of new construction reduces
competition, enhancing the value of existing properties. The total market inventory stands at 7.3 million square feet.