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Dollar General Market - Butler, PA | 833 Pittsburgh Rd
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Dollar General Market - Butler, PA 833 Pittsburgh Rd
12,688 SF Retail Building Butler, PA 16002 $3,299,953 CAD ($260 CAD/SF) 6.50% Cap Rate
![833 Pittsburgh Rd, Butler, PA for sale - Primary Photo - Image 1 of 1](https://images.loopnet.ca/i2/jxOFsd6YvYNrFtSmK6apJdstbbPcDhTSHwM_JM2fCUs/110/833-Pittsburgh-Rd-Butler-PA-Primary-Photo-1-Large.png)
Investment Highlights
- Dollar General Market
- 5% Rent Increases Every 5 yrs in Initial Term
Executive Summary
5% Rent Increases Every 5yrs
15-yr Absolute NNN Lease
Zero Landlord Responsibilities
Rent commenced May 8, 2024
3-Five Year Options
Corporate Guaranteed by Dollar General Corporation
Investment grade rated BBB by Standard and Poor’s
24,400+ Population within 5 miles
26,358 Average Daily Traffic count
15-yr Absolute NNN Lease
Zero Landlord Responsibilities
Rent commenced May 8, 2024
3-Five Year Options
Corporate Guaranteed by Dollar General Corporation
Investment grade rated BBB by Standard and Poor’s
24,400+ Population within 5 miles
26,358 Average Daily Traffic count
Property Facts Under Contract
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
12,688 SF
Building Class
B
Year Built
2024
Price
$3,299,953 CAD
Price Per SF
$260 CAD
Cap Rate
6.50%
NOI
$214,497 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
3.17 AC
Zoning
C - Commercial
Frontage
667 ft on SR-8 Pittsburgh Rd
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Dollar General
- Retailer
- 12,688 SF
- -
- Net
- May 2039
Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
Dollar General | Retailer | 12,688 SF | - | Net | May 2039 |
PROPERTY TAXES
Parcel Number | 230-S4-4G-0000 | Improvements Assessment | $0 CAD |
Land Assessment | $6,243 CAD | Total Assessment | $6,243 CAD |
PROPERTY TAXES
Parcel Number
230-S4-4G-0000
Land Assessment
$6,243 CAD
Improvements Assessment
$0 CAD
Total Assessment
$6,243 CAD
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Dollar General Market - Butler, PA | 833 Pittsburgh Rd
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