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Dollar General Plus - Larger Format Store Concept | 15 Year Absolute Net Lease | 2024 Construction

4291 Delta Road, Airville (Southern PA), PA 17302

Listing Price: $2,012,124

Cap Rate
7.25%
Tenant Name
Dollar General
Years Remaining On Lease
14.7
Gross SF
10,640
Guarantor
Corporate Guarantee
Rentable SF
10,640
Price/Gross SF
$189.11
Lease Type
Absolute Net
Rent Per Square Feet
$13.71

Investment Overview

Airville is an unincorporated community in Lower Chanceford Township, York County, Pennsylvania. Airville is located in the southeastern part of the county where Pennsylvania Route 74 and Pennsylvania Route 425 intersect and is approximately four miles outside Woodbine. Airville has an estimated population of 3100 and includes residents from Lower Chanceford, Peach Bottom, and Fawn townships. The Susquehanna River separates Airville from Lancaster County on its eastern side. Travelers can cross the river via the Norman Wood Bridge along Pennsylvania Route 372, which connects to Quarryville in Lancaster County. Attractions in Airville include Mill Creek Falls Retreat, the Otter Creek Campground and the historical Indian Steps Museum, which are located along Pennsylvania Route 425 and the Susquehanna River. Otter Creek was mentioned in the band Live’s song, “The Dam at Otter Creek.” Remnants of the Maryland and Pennsylvania Railroad are also scattered throughout Airville, along Muddy Creek

Investment Highlights

  • 15-Year Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases at Each Option. Brand New 2024 Construction.
  • Ranked #91 on the Fortune 500 List. Dollar General (NYSE: DG) Features Investment Grade Credit Rating "BBB" by S&P's and Annual Revenue Exceeding $34.22 Billion.
  • Features Easy Access and Excellent Visibility Along one of the City's Main Roads. Limited Competition - The next nearest Dollar General is more than 6 Miles away.
  • Dollar General Plus Locations are Larger than Traditional Dollar General Stores that have additional Coolers/Freezers to keep more Perishable Items in Stock.

Broker of Record

  • Timothy B. Stephenson Jr.

    Regional Manager

    (215) 531-7000

    License(s) PA: RMR006104

    Pennsylvania

Financing By

Discount

Dollar General Plus - Larger Format Store Concept | 15 Year Absolute Net Lease | 2024 Construction

Listing Price: $2,012,124

Cap Rate
7.25%
Tenant Name
Dollar General
Years Remaining On Lease
14.7
Gross SF
10,640
Guarantor
Corporate Guarantee
Rentable SF
10,640
Price/Gross SF
$189.11
Lease Type
Absolute Net
Rent Per Square Feet
$13.71

Investment Highlights

  • 15-Year Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases at Each Option. Brand New 2024 Construction.
  • Ranked #91 on the Fortune 500 List. Dollar General (NYSE: DG) Features Investment Grade Credit Rating "BBB" by S&P's and Annual Revenue Exceeding $34.22 Billion.
  • Features Easy Access and Excellent Visibility Along one of the City's Main Roads. Limited Competition - The next nearest Dollar General is more than 6 Miles away.
  • Dollar General Plus Locations are Larger than Traditional Dollar General Stores that have additional Coolers/Freezers to keep more Perishable Items in Stock.

Investment Overview

Airville is an unincorporated community in Lower Chanceford Township, York County, Pennsylvania. Airville is located in the southeastern part of the county where Pennsylvania Route 74 and Pennsylvania Route 425 intersect and is approximately four miles outside Woodbine. Airville has an estimated population of 3100 and includes residents from Lower Chanceford, Peach Bottom, and Fawn townships. The Susquehanna River separates Airville from Lancaster County on its eastern side. Travelers can cross the river via the Norman Wood Bridge along Pennsylvania Route 372, which connects to Quarryville in Lancaster County. Attractions in Airville include Mill Creek Falls Retreat, the Otter Creek Campground and the historical Indian Steps Museum, which are located along Pennsylvania Route 425 and the Susquehanna River. Otter Creek was mentioned in the band Live’s song, “The Dam at Otter Creek.” Remnants of the Maryland and Pennsylvania Railroad are also scattered throughout Airville, along Muddy Creek

Broker of Record

  • Timothy B. Stephenson Jr.

    Regional Manager

    (215) 531-7000

    License(s): PA: RMR006104

    Pennsylvania

Financing By

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