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Dollar General

3137 PA-18, Wampum, PA 16157

Listing Price: $2,100,000

Cap Rate
4.92%
Tenant Name
Dollar General
Years Remaining On Lease
13.6
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Absolute Net
Rent Per Square Feet
$11.36

Investment Overview

Marcus & Millichap is pleased to present to market the NNN-leased Dollar General located at 3137 State Route 18 in Wampum, Pennsylvania. The property is a 2020 construction, 9,100-square foot building on a 1.84-acre lot. Dollar General's lease commenced in December 2020, and roughly 13.8 years of base term remain on the lease, plus three five-year options and 10 percent rent increases at each option. This Dollar General is located along Wampum, main thoroughfare, SR-18, in Lawrence County, in the Pittsburgh CSA (just outside of the MSA). The Pittsburgh metro is anticipated to grow in coming years as the area’s economy continues to diversify and grow. Currently, the area is home to nine Fortune 500 companies.

Investment Highlights

  • 2020 Construction Dollar General on an Attractive NNN Lease With Over 13 Years of Base Term Remaining, Three Five-Year Options, and 10 Percent Rent Increases at Each Option
  • Extremely Limited Retail Competition in the Area
  • Minimal Landlord Responsibilities With NNN Lease
  • Sought-After Tenant | Dollar General is a Fortune 100 Company That Posted $3.2 Billion of Profit in 2021 and Has Seen 31 Consecutive Years of Same-Store Sales Growth

Broker of Record

  • Sean Beuche

    Vice President/Regional Manager

    (215) 531-7000

    License(s) PA: RM424190

    Pennsylvania

Discount

Dollar General

Listing Price: $2,100,000

Cap Rate
4.92%
Tenant Name
Dollar General
Years Remaining On Lease
13.6
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Absolute Net
Rent Per Square Feet
$11.36

Investment Highlights

  • 2020 Construction Dollar General on an Attractive NNN Lease With Over 13 Years of Base Term Remaining, Three Five-Year Options, and 10 Percent Rent Increases at Each Option
  • Extremely Limited Retail Competition in the Area
  • Minimal Landlord Responsibilities With NNN Lease
  • Sought-After Tenant | Dollar General is a Fortune 100 Company That Posted $3.2 Billion of Profit in 2021 and Has Seen 31 Consecutive Years of Same-Store Sales Growth

Investment Overview

Marcus & Millichap is pleased to present to market the NNN-leased Dollar General located at 3137 State Route 18 in Wampum, Pennsylvania. The property is a 2020 construction, 9,100-square foot building on a 1.84-acre lot. Dollar General's lease commenced in December 2020, and roughly 13.8 years of base term remain on the lease, plus three five-year options and 10 percent rent increases at each option. This Dollar General is located along Wampum, main thoroughfare, SR-18, in Lawrence County, in the Pittsburgh CSA (just outside of the MSA). The Pittsburgh metro is anticipated to grow in coming years as the area’s economy continues to diversify and grow. Currently, the area is home to nine Fortune 500 companies.

Broker of Record

  • Sean Beuche

    Vice President/Regional Manager

    (215) 531-7000

    License(s): PA: RM424190

    Pennsylvania

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