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New Construction Dollar General | New 15 Year Abs. Net Lease |

1519 Station Rd, Belsano, PA 15922

Listing Price: $1,641,000

Cap Rate
5.65%
Tenant Name
Dollar General
Years Remaining On Lease
15.0
Guarantor
Corporate Guarantee
Rentable SF
10,640
Lease Type
Absolute Net
Rent Per Square Feet
$8.71

Investment Overview

Marcus & Millichap is pleased to bring to market Dollar General, located in Belsano, PA.

Investment Highlights

  • New Construction Dollar General Location With a New 15-Year Absolute Net Lease, Expected to Open January 2023
  • No Landlord Responsibilities | Corporately Guaranteed Lease by Dollar General (NYSE: DG)
  • Two, Five-Year and One, Four-Year and 11-Month Renewal Options with 10 Percent Rental Increases in Each Option
  • Located Along the Main Thoroughfare of Belsano | 90 Minutes From Downtown Pittsburgh | 30 Minutes From Altoona, PA
  • Strong Demographics: Population of 29,850+ Within 10-Miles | 12,000+ Households within 10-Miles

Broker of Record

  • Sean Beuche

    Vice President/Regional Manager

    (215) 531-7000

    License(s) PA: RM424190

    Pennsylvania

Financing By

Discount

New Construction Dollar General | New 15 Year Abs. Net Lease |

Listing Price: $1,641,000

Cap Rate
5.65%
Tenant Name
Dollar General
Years Remaining On Lease
15.0
Guarantor
Corporate Guarantee
Rentable SF
10,640
Lease Type
Absolute Net
Rent Per Square Feet
$8.71

Investment Highlights

  • New Construction Dollar General Location With a New 15-Year Absolute Net Lease, Expected to Open January 2023
  • No Landlord Responsibilities | Corporately Guaranteed Lease by Dollar General (NYSE: DG)
  • Two, Five-Year and One, Four-Year and 11-Month Renewal Options with 10 Percent Rental Increases in Each Option
  • Located Along the Main Thoroughfare of Belsano | 90 Minutes From Downtown Pittsburgh | 30 Minutes From Altoona, PA
  • Strong Demographics: Population of 29,850+ Within 10-Miles | 12,000+ Households within 10-Miles

Investment Overview

Marcus & Millichap is pleased to bring to market Dollar General, located in Belsano, PA.

Broker of Record

  • Sean Beuche

    Vice President/Regional Manager

    (215) 531-7000

    License(s): PA: RM424190

    Pennsylvania

Financing By

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