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New Construction DG Plus | 15-Year Absolute NNN | 5% Increases | Beavertown, PA

406 W Market St, Beavertown, PA 17813

Listing Price: $1,996,000

Cap Rate
6.75%
Tenant Name
Dollar General
Years Remaining On Lease
15.5
Guarantor
Corporate Guarantee
Rentable SF
10,566
Lease Type
Absolute Net
Rent Per Square Feet
$12.75

Investment Overview

Marcus & Millichap is pleased to bring to market Dollar General Plus located in Beavertown, PA.

Investment Highlights

  • New Construction Dollar General Plus Store | Build-to-Suit in 2024 | 12,687-SF on a 1.25-AC Parcel
  • 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
  • Located Along the Main Retail Corridor of Downtown Beavertown, Directly Across From Conestoga Wood Specialities Manufacturing Facility With 100 Employees
  • West Market Street/US-522 is the Main Thoroughfare of Beavertown, Seeing 6,200 Vehicles Per Day
  • Located 3 Hours Between Both Downtown Philadelphia and Downtown Pittsburgh, 1 Hour From Downtown Harrisburg, the State Capital
  • Beavertown is a Popular Outdoor Recreation Destination Located Next to Bald Eagle State Forest and State Game Lands
  • Strong Demographics: Population Expected to Exceed 22,500 Within 10-Miles by 2027 | Average Household Incomes Exceed $68,000 Within 5-Miles

Broker of Record

  • Timothy B. Stephenson Jr.

    Regional Manager

    (215) 531-7000

    License(s) PA: RMR006104

    Pennsylvania

Financing By

Discount

New Construction DG Plus | 15-Year Absolute NNN | 5% Increases | Beavertown, PA

Listing Price: $1,996,000

Cap Rate
6.75%
Tenant Name
Dollar General
Years Remaining On Lease
15.5
Guarantor
Corporate Guarantee
Rentable SF
10,566
Lease Type
Absolute Net
Rent Per Square Feet
$12.75

Investment Highlights

  • New Construction Dollar General Plus Store | Build-to-Suit in 2024 | 12,687-SF on a 1.25-AC Parcel
  • 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
  • Located Along the Main Retail Corridor of Downtown Beavertown, Directly Across From Conestoga Wood Specialities Manufacturing Facility With 100 Employees
  • West Market Street/US-522 is the Main Thoroughfare of Beavertown, Seeing 6,200 Vehicles Per Day
  • Located 3 Hours Between Both Downtown Philadelphia and Downtown Pittsburgh, 1 Hour From Downtown Harrisburg, the State Capital
  • Beavertown is a Popular Outdoor Recreation Destination Located Next to Bald Eagle State Forest and State Game Lands
  • Strong Demographics: Population Expected to Exceed 22,500 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 Plus located in Beavertown, PA.

Broker of Record

  • Timothy B. Stephenson Jr.

    Regional Manager

    (215) 531-7000

    License(s): PA: RMR006104

    Pennsylvania

Financing By

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