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1712 Lincoln Hwy

10,000 SF Retail Building North Versailles, PA 15137 $2,617,435 CAD ($262 CAD/SF) 7% Cap Rate

Executive Summary

132,000+ Population within 5 miles
23,732 Average Daily Traffic count
10-yr NNN Lease
Minimal Landlord Responsibilities
Rent commenced March 2023
3-Five Year Options
Corporate Guaranteed by Dollar General Corporation
Investment grade rated BBB by Standard and Poor’s

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,000 SF
Building Class
C
Year Built/Renovated
1911/2023
Price
$2,617,435 CAD
Price Per SF
$262 CAD
Cap Rate
7%
NOI
$183,220 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.43 AC
Opportunity Zone
Yes
Zoning
C - MU
Parking
50 Spaces (5 Spaces per 1,000 SF Leased)
Frontage
143 ft on Lincoln Highway

Amenities

  • Bus Line

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Dollar General
  • -
  • -
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
Dollar General - - - -

Nearby Major Retailers

Giant Eagle
Citizens Bank
Denny's
ALDI

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0645-M-00244-0000-00
Land Assessment
$224,865 CAD
Improvements Assessment
$997,804 CAD
Total Assessment
$1,222,669 CAD
  • Listing ID: 28029119

  • Date on Market: 2023-03-21

  • Last Updated:

  • Address: 1712 Lincoln Hwy, North Versailles, PA 15137

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