Discount
Dollar General - Assumable Financing Available
3137 PA-18, Wampum, PA 16157
Listing Price: $1,476,000
Cap Rate
7.00%
Tenant Name
Dollar General
Years Remaining On Lease
11.0
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$11.36
Investment Overview
Marcus & Millichap is pleased to present for sale the triple net leased Dollar General located in Wampum, Pennsylvania.
Dollar General - Assumable Financing Available
Investment Highlights
- Assumable loan with attractive terms: 3.99% rate until February 2031 with an outstanding balance of $958,420 (as of January 2024). Loan was done by CAPStar Bank.
- 2020 Construction Dollar General on a NNN lease with 12 years of base term remaining, three five-year options, and 10 percent rent increases at each option
- Located along a state route in a rural area with limited retail competition | traffic volume in front of the property exceeds 4,800 vehicles per day
- Wampum is located along the Beaver River in the growing Pittsburgh-New Castle-Weirton CSA
- Great acquisition opportunity for an investor looking for a net lease asset guaranteed by an investment-grade tenant
Broker of Record
Financing By
Listing Price: $1,476,000
Cap Rate
7.00%
Tenant Name
Dollar General
Years Remaining On Lease
11.0
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$11.36
Investment Highlights
- Assumable loan with attractive terms: 3.99% rate until February 2031 with an outstanding balance of $958,420 (as of January 2024). Loan was done by CAPStar Bank.
- 2020 Construction Dollar General on a NNN lease with 12 years of base term remaining, three five-year options, and 10 percent rent increases at each option
- Located along a state route in a rural area with limited retail competition | traffic volume in front of the property exceeds 4,800 vehicles per day
- Wampum is located along the Beaver River in the growing Pittsburgh-New Castle-Weirton CSA
- Great acquisition opportunity for an investor looking for a net lease asset guaranteed by an investment-grade tenant
Investment Overview
Marcus & Millichap is pleased to present for sale the triple net leased Dollar General located in Wampum, Pennsylvania.
Broker of Record
Financing By
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