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Dollar General

1 Westside Dr, Carbondale, PA 18407

Listing Price: $755,000

Cap Rate
8.48%
Tenant Name
Dollar General
Years Remaining On Lease
4.2
Gross SF
8,000
Guarantor
Corporate Guarantee
Rentable SF
8,000
Price/Gross SF
$94.38
Lease Type
Double Net
Rent Per Square Feet
$8.55

Investment Overview

Marcus & Millichap is happy to present our new listing of the Dollar General in Carbondale, Pennsylvania. Built in 2002, this Dollar General has operated at this location for the past 21 years. The store performs phenomenally as it produced over $2.7 million in gross sales in each of the past 4 years. This Dollar General is situated on Brooklyn Street, Carbondale's main retail corridor, which has a strong traffic count of 14,000 VPD. The 8000 SF dollar store is an 0.5 acre outparcel to Carbondale Plaza, a 135,884 SF Shopping Center There is also an additional 0.8 acre Development Opportunity next to the Dollar General that is owned by the seller which will provide upside to the purchaser.

Investment Highlights

  • Situated along the Brooklyn Street Retail Corridor, Carbondale's main retail shopping district, which has a strong traffic count of 14,000 VPD.
  • Built in 2002, this Dollar General has continuously operated in Carbondale for the past 21 years
  • Situated on a 0.5 acre parcel with an additional 0.8 acre Development Opportunity that is also owned by the seller which will provide upside to the purchaser.
  • Achieved over $2.7 million in gross sales each of the last 4 years.

Exclusively Listed By

Discount

Dollar General

Listing Price: $755,000

Cap Rate
8.48%
Tenant Name
Dollar General
Years Remaining On Lease
4.2
Gross SF
8,000
Guarantor
Corporate Guarantee
Rentable SF
8,000
Price/Gross SF
$94.38
Lease Type
Double Net
Rent Per Square Feet
$8.55

Investment Highlights

  • Situated along the Brooklyn Street Retail Corridor, Carbondale's main retail shopping district, which has a strong traffic count of 14,000 VPD.
  • Built in 2002, this Dollar General has continuously operated in Carbondale for the past 21 years
  • Situated on a 0.5 acre parcel with an additional 0.8 acre Development Opportunity that is also owned by the seller which will provide upside to the purchaser.
  • Achieved over $2.7 million in gross sales each of the last 4 years.

Investment Overview

Marcus & Millichap is happy to present our new listing of the Dollar General in Carbondale, Pennsylvania. Built in 2002, this Dollar General has operated at this location for the past 21 years. The store performs phenomenally as it produced over $2.7 million in gross sales in each of the past 4 years. This Dollar General is situated on Brooklyn Street, Carbondale's main retail corridor, which has a strong traffic count of 14,000 VPD. The 8000 SF dollar store is an 0.5 acre outparcel to Carbondale Plaza, a 135,884 SF Shopping Center There is also an additional 0.8 acre Development Opportunity next to the Dollar General that is owned by the seller which will provide upside to the purchaser.

Exclusively Listed By

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