Discount
New Construction DG Market | 15-Year Absolute NNN | 5% Increases | Beaver Springs, PA
19629 US-522, Beaver Springs, PA 17812
Listing Price: $2,206,500
Cap Rate
6.75%
Tenant Name
Dollar General
Years Remaining On Lease
15.3
Guarantor
Corporate Guarantee
Rentable SF
12,687
Lease Type
Absolute Net
Rent Per Square Feet
$11.74
Investment Overview
Marcus & Millichap is pleased to bring to market Dollar General Market located in Beaver Springs, PA.
Investment Highlights
- New Construction DG Market | Build-to-Suit in 2024 | 12,687-SF on a 1.20-AC Parcel
- Proven Location | Due to Success in the Market, DG Expanded its Footprint and Relocated Directly Across From Prior Location
- Brand New 15-Year Absolute Net Lease With Three Renewal Options and 5% Rental Increases Every 5 Years
- No Landlord Responsibilities | Tenant is Responsible for Insurance, Taxes, Interior, Exterior, Including Roof, HVAC and Parking Lot
- Beaver Springs is a Proven Location: Dollar General had a 20 Year Historical Occupancy at the Previous Site
- Located Along the Main Retail Corridor of Downtown Beaver Springs | US-522 is the Main Thoroughfare of Beaver Springs, Seeing 4,900 Vehicles Per Day
- Located 3 Hours Between Both Downtown Philadelphia and Downtown Pittsburgh, 1 Hour From Downtown Harrisburg, the State Capital | Beaver Springs is a Popular Outdoor Recreation Destination Located Next to Bald Eagle State Forest and State Game Lands
- Strong Demographics: Population Expected to Exceed 19,900 Within 10-Miles by 2027 | Average Household Incomes Exceed $68,000 Within 5-Miles
Broker of Record
Financing By
Discount
New Construction DG Market | 15-Year Absolute NNN | 5% Increases | Beaver Springs, PA
Listing Price: $2,206,500
Cap Rate
6.75%
Tenant Name
Dollar General
Years Remaining On Lease
15.3
Guarantor
Corporate Guarantee
Rentable SF
12,687
Lease Type
Absolute Net
Rent Per Square Feet
$11.74
Investment Highlights
- New Construction DG Market | Build-to-Suit in 2024 | 12,687-SF on a 1.20-AC Parcel
- Proven Location | Due to Success in the Market, DG Expanded its Footprint and Relocated Directly Across From Prior Location
- Brand New 15-Year Absolute Net Lease With Three Renewal Options and 5% Rental Increases Every 5 Years
- No Landlord Responsibilities | Tenant is Responsible for Insurance, Taxes, Interior, Exterior, Including Roof, HVAC and Parking Lot
- Beaver Springs is a Proven Location: Dollar General had a 20 Year Historical Occupancy at the Previous Site
- Located Along the Main Retail Corridor of Downtown Beaver Springs | US-522 is the Main Thoroughfare of Beaver Springs, Seeing 4,900 Vehicles Per Day
- Located 3 Hours Between Both Downtown Philadelphia and Downtown Pittsburgh, 1 Hour From Downtown Harrisburg, the State Capital | Beaver Springs is a Popular Outdoor Recreation Destination Located Next to Bald Eagle State Forest and State Game Lands
- Strong Demographics: Population Expected to Exceed 19,900 Within 10-Miles by 2027 | Average Household Incomes Exceed $68,000 Within 5-Miles
Investment Overview
Marcus & Millichap is pleased to bring to market Dollar General Market located in Beaver Springs, PA.