Dollar General - McKeesport, PA 1555 Washington Blvd 10,566 SF Retail Building Mckeesport, PA 15133 $2,643,428 CAD ($250.18 CAD/SF) 6.75% Cap Rate
INVESTMENT HIGHLIGHTS
- 132,000 population within 5 miles
- 5% Rent Increases Every 5 yrs in Initial Term
EXECUTIVE SUMMARY
5% Rent Increases Every 5 yrs in Initial Term
132,000+ Population within 5 miles
15-yr Absolute NNN Lease
Zero Landlord Responsibilities
Rent commenced May 9, 2023
3-Five Year Options
Corporate Guaranteed by Dollar General Corporation
Investment grade rated BBB by Standard and Poor’s
3,657 Average Daily Traffic count
132,000+ Population within 5 miles
15-yr Absolute NNN Lease
Zero Landlord Responsibilities
Rent commenced May 9, 2023
3-Five Year Options
Corporate Guaranteed by Dollar General Corporation
Investment grade rated BBB by Standard and Poor’s
3,657 Average Daily Traffic count
PROPERTY FACTS
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
10,566 SF
Building Class
B
Year Built
2023
Price
$2,643,428 CAD
Price Per SF
$250.18 CAD
Cap Rate
6.75%
NOI
$178,432 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
0.93 AC
Zoning
Commercial
Frontage
145’ on Washington Blvd
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Dollar General
- Retailer
- 10,566 SF
- -
- Net
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Dollar General | Retailer | 10,566 SF | - | Net | - |
PROPERTY TAXES
| Parcel Number | 0466-E-00093-0000-00 | Improvements Assessment | $0 CAD |
| Land Assessment | $109,005 CAD | Total Assessment | $109,005 CAD |
