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Brand New Construction Dollar General | Outside Pittsburgh | 15 Year Absolute Net Lease

1425 Jefferson Rd, Jefferson (Near Pittsburgh ), PA 15344

Listing Price: $2,270,244

Cap Rate
5.15%
Tenant Name
Dollar General
Years Remaining On Lease
15.1
Gross SF
9,002
Guarantor
Corporate Guarantee
Rentable SF
9,002
Price/Gross SF
$252.19
Lease Type
Absolute Net
Rent Per Square Feet
$12.99

Investment Overview

Jefferson is a borough in Greene County, Pennsylvania, surrounded by Jefferson Township, a separate municipality. Pennsylvania Route 188 (Jefferson Road) passes through the center of the borough, leading east 3 miles to Dry Tavern and west 7 miles to Waynesburg, the county seat. Greene County is part of the Pittsburgh media market. It is in the area of southwestern Pennsylvania that was claimed by Virginia, the District of West Augusta. Two power plant construction projects are underway in Greene County. Hill Top Energy Center, a natural gas-fired power plant with a generating capacity of 625 megawatts, is scheduled to begin operations in the summer of 2021. A new 1,000-megawatt natural gas power plant on the site of the former Hatfield’s Ferry power station is scheduled to begin operations in mid-2022.

Investment Highlights

  • 15-Year Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases at Each Option. Brand New 2022 Construction.
  • Ranked #91 on the Fortune 500 List. Dollar General (NYSE: DG) Features Investment Grade Credit Rating "BBB" by S&P's and Annual Revenue Exceeding $34.22 Billion.
  • Features Easy Access and Excellent Visibility. Positioned Along the City's Main Road with Daily Traffic Counts Exceeding 6k Vehicles.

Broker of Record

  • Sean Beuche

    Vice President/Regional Manager

    (215) 531-7000

    License(s) PA: RM424190

    Pennsylvania

Financing By

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Brand New Construction Dollar General | Outside Pittsburgh | 15 Year Absolute Net Lease

Listing Price: $2,270,244

Cap Rate
5.15%
Tenant Name
Dollar General
Years Remaining On Lease
15.1
Gross SF
9,002
Guarantor
Corporate Guarantee
Rentable SF
9,002
Price/Gross SF
$252.19
Lease Type
Absolute Net
Rent Per Square Feet
$12.99

Investment Highlights

  • 15-Year Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases at Each Option. Brand New 2022 Construction.
  • Ranked #91 on the Fortune 500 List. Dollar General (NYSE: DG) Features Investment Grade Credit Rating "BBB" by S&P's and Annual Revenue Exceeding $34.22 Billion.
  • Features Easy Access and Excellent Visibility. Positioned Along the City's Main Road with Daily Traffic Counts Exceeding 6k Vehicles.

Investment Overview

Jefferson is a borough in Greene County, Pennsylvania, surrounded by Jefferson Township, a separate municipality. Pennsylvania Route 188 (Jefferson Road) passes through the center of the borough, leading east 3 miles to Dry Tavern and west 7 miles to Waynesburg, the county seat. Greene County is part of the Pittsburgh media market. It is in the area of southwestern Pennsylvania that was claimed by Virginia, the District of West Augusta. Two power plant construction projects are underway in Greene County. Hill Top Energy Center, a natural gas-fired power plant with a generating capacity of 625 megawatts, is scheduled to begin operations in the summer of 2021. A new 1,000-megawatt natural gas power plant on the site of the former Hatfield’s Ferry power station is scheduled to begin operations in mid-2022.

Broker of Record

  • Sean Beuche

    Vice President/Regional Manager

    (215) 531-7000

    License(s): PA: RM424190

    Pennsylvania

Financing By

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