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Dollar General Market

273 S Stevens St, Shinglehouse, PA 16748

Listing Price: $2,283,464

Cap Rate
6.35%
Tenant Name
Dollar General
Years Remaining On Lease
15.0
Guarantor
Corporate Guarantee
Rentable SF
12,480
Lease Type
Absolute Net
Rent Per Square Feet
$11.62

Investment Overview

The subject property is a 12,480 square foot relocation Dollar General Market currently under construction and set for rent commencement in December 2023. The store will be encumbered by a 15 year Absolute NNN lease agreement. Additionally, there are three, five-year options, each containing 10% rental increases every five years. There are no landlord responsibilites and the tenant fully reimburses for real estate taxes. The store is part of Dollar General’s National Insurance Program.

Investment Highlights

  • Upgraded 12,480 Sq Ft Dollar General Market Prototype Construction
  • Expected Decemeber 2023 Rent Commencement
  • Absolute NNN Lease with 15 Years Remaining
  • Concrete Parking Lot

Broker of Record

  • Timothy B. Stephenson Jr.

    Associate Regional Manager

    (215) 531-7000

    License(s) PA: RMR006104

    Pennsylvania

Financing By

Discount

Dollar General Market

Listing Price: $2,283,464

Cap Rate
6.35%
Tenant Name
Dollar General
Years Remaining On Lease
15.0
Guarantor
Corporate Guarantee
Rentable SF
12,480
Lease Type
Absolute Net
Rent Per Square Feet
$11.62

Investment Highlights

  • Upgraded 12,480 Sq Ft Dollar General Market Prototype Construction
  • Expected Decemeber 2023 Rent Commencement
  • Absolute NNN Lease with 15 Years Remaining
  • Concrete Parking Lot

Investment Overview

The subject property is a 12,480 square foot relocation Dollar General Market currently under construction and set for rent commencement in December 2023. The store will be encumbered by a 15 year Absolute NNN lease agreement. Additionally, there are three, five-year options, each containing 10% rental increases every five years. There are no landlord responsibilites and the tenant fully reimburses for real estate taxes. The store is part of Dollar General’s National Insurance Program.

Broker of Record

  • Timothy B. Stephenson Jr.

    Associate Regional Manager

    (215) 531-7000

    License(s): PA: RMR006104

    Pennsylvania

Financing By

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