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Dollar General 3137 State Route 18

9,100 SF Retail Building Wampum, PA 16157 $2,092,186 CAD ($230 CAD/SF) 7% Cap Rate

Investment Highlights

  • Assumable loan with attractive terms: 3.99% rate until February 2031 with an outstanding balance of $958,420 (as of January 2024)
  • Located along a state route in a rural area with limited retail competition | traffic volume in front of the property exceeds 4,800 vehicles per day
  • Great acquisition opportunity for an investor looking for a net lease asset guaranteed by an investment-grade tenant
  • 2020 Construction Dollar General on a NNN lease with 12 years of base term remaining, 3 5-year options, and 10% rent increases at each option
  • Wampum is located along the Beaver River in the growing Pittsburgh-New Castle-Weirton CSA

Executive Summary

Marcus & Millichap is pleased to present for sale the triple net leased Dollar General located in Wampum, Pennsylvania.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
B
Year Built
2020
Price
$2,092,186 CAD
Price Per SF
$230 CAD
Cap Rate
7%
NOI
$146,496 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Land Acres
1.84 AC
Zoning
C - General Commercial
Frontage
295 ft on State Route 18

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Retailer
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000

At Dollar General, their actions are guided by a simple mission: Serving Others. For their customers, this means placing them at the center of all they do, working every day to deliver value and convenience through their neighborhood general stores. For their employees, this means respect and the opportunity to grow and develop their careers, and for their communities, this means helping support the communities they call home. They strive to make shopping hassle-free and affordable with easy-to-shop stores. Their stores deliver everyday low prices on items including food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares, seasonal items, paper products and much more from America’s most-trusted brands and products, along with high-quality private brands.

Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Retailer 99,999 SF $9.99 Lorem Ipsum Jan 0000

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 21-005700
  • 21-005701
Land Assessment
$94,120 CAD
Improvements Assessment
$1,492,738 CAD
Total Assessment
$1,586,858 CAD
  • Listing ID: 30189038

  • Date on Market: 2023-11-29

  • Last Updated:

  • Address: 3137 State Route 18, Wampum, PA 16157

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