Skip to main content

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
11.8
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.

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

  • Timothy B. Stephenson Jr.

    Regional Manager

    (215) 531-7000

    License(s) PA: RMR006104

    Pennsylvania

Financing By

Discount

Dollar General - Assumable Financing Available

Listing Price: $1,476,000

Cap Rate
7.00%
Tenant Name
Dollar General
Years Remaining On Lease
11.8
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

  • Timothy B. Stephenson Jr.

    Regional Manager

    (215) 531-7000

    License(s): PA: RMR006104

    Pennsylvania

Financing By

MM Texture Background
MM Textured Background Lower