Discount
DG | Absolute NNN | 7+ Year Remaining | 2 Hours From Philadelphia & Baltimore
65 Baltimore St, Spring Grove, PA 17362
Listing Price: $1,372,000
Cap Rate
7.50%
Tenant Name
Dollar General
Years Remaining On Lease
7.4
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Absolute Net
Rent Per Square Feet
$11.31
Investment Overview
Marcus & Millichap is pleased to bring to market Dollar general located in Spring Grove, Pennsylvania.
DG | Absolute NNN | 7+ Year Remaining | 2 Hours From Philadelphia & Baltimore
Investment Highlights
- Absolute Net Dollar General with Over Seven Years Remaining | No Landlord Responsibilities
- Three, Five Year Renewal Options with 10 Percent Rental Increases in Each Option
- Corporate Guarantee | Dollar General is an Investment Grade Tenant (S&P Credit Rating: 'BBB')
- Dollar General Expected to Remodel the Interior Starting 9/24/2023 | 100 Percent Funded by the Tenant, Designed to Enhance and Streamline the Shopping Experience with the Addition of Coolers and Self-Checkout Systems
- Situated Along a Main Traffic Artery Seeing Over 2,000 Vehicles per Day
- Limited Competition: Only Dollar Store Within 10 Minute Radius
- Population Exceeds 125,900 Within 10-Miles | Projected to Increase by 2027
- Spring Grove is Centrally Located within 2 Hours of Philadelphia, Baltimore and Harrisburg | 30 Minutes from Gettysburg, Pennsylvania, a Popular Historical Tourism Destination
Broker of Record
Financing By
Discount
DG | Absolute NNN | 7+ Year Remaining | 2 Hours From Philadelphia & Baltimore
Listing Price: $1,372,000
Cap Rate
7.50%
Tenant Name
Dollar General
Years Remaining On Lease
7.4
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Absolute Net
Rent Per Square Feet
$11.31
Investment Highlights
- Absolute Net Dollar General with Over Seven Years Remaining | No Landlord Responsibilities
- Three, Five Year Renewal Options with 10 Percent Rental Increases in Each Option
- Corporate Guarantee | Dollar General is an Investment Grade Tenant (S&P Credit Rating: 'BBB')
- Dollar General Expected to Remodel the Interior Starting 9/24/2023 | 100 Percent Funded by the Tenant, Designed to Enhance and Streamline the Shopping Experience with the Addition of Coolers and Self-Checkout Systems
- Situated Along a Main Traffic Artery Seeing Over 2,000 Vehicles per Day
- Limited Competition: Only Dollar Store Within 10 Minute Radius
- Population Exceeds 125,900 Within 10-Miles | Projected to Increase by 2027
- Spring Grove is Centrally Located within 2 Hours of Philadelphia, Baltimore and Harrisburg | 30 Minutes from Gettysburg, Pennsylvania, a Popular Historical Tourism Destination
Investment Overview
Marcus & Millichap is pleased to bring to market Dollar general located in Spring Grove, Pennsylvania.
Broker of Record
Financing By
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