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Discount

Dollar General

996 Barn St, Hooversville, PA 15936

Listing Price: $632,250

Cap Rate
7.75%
Tenant Name
Dollar General
Years Remaining On Lease
5.1
Guarantor
Corporate Guarantee
Rentable SF
8,000
Lease Type
Double Net
Rent Per Square Feet
$6.12

Investment Overview

We're pleased to present the offering for Dollar General in Hooversville, Pennsylvania.

Investment Highlights

  • Dollar General Location Build-to-Suit in 2014 | 8,000-SF on a Large +/-2.37-AC Parcel | New 10-Year Double Net (NN) Lease with 10 Percent Rental Increases in Each of Three, Five-Year Option Terms
  • Minimal Landlord Responsibilities | Landlord is Responsible for Roof, Structure and Parking Lot | 29 Parking Spaces With Landscaped Exterior | Corporately Guaranteed Lease
  • Corner Location with Easy Access from All Traffic Directions and Two Points of Ingress and Egress | Boasts High Visibility Along the Main Road Through Downtown Hooversville
  • 12 Miles From US-219 and 13 Miles From Interstate 76/Pennsylvania Turnpike, a Major Toll Road Through the State Connecting Pittsburgh to Philadelphia
  • 15 Miles From Johnstown, PA The Largest City in Cambria County
  • 30 Miles From Seven Springs Mountain Resort, an All Season Ski, Golf and Outdoor Sports Resort Owned by Vail Resorts, Seeing Over 1 Million Annual Visitors | 75 Miles From Downtown Pittsburgh
  • Dollar General is an Investment Grade Tenant (S&P Rating: BBB) | DG Plus Format Offers Expanded Products, Refrigerated and Frozen Food Offerings, Dairy Products and More
  • Fiscal 2024 Net Sales Increased 5.0% to $40.6 Billion, Primarily Driven by Positive Sales From New Stores and Growth in Same-Store Sales | In 2025, Dollar General Plans to Open Approximately 575 New Stores and to Remodel 2,000 Stores

Broker of Record

  • Timothy B. Stephenson Jr.

    Regional Manager

    (215) 531-7000

    License(s) PA: RMR006104

    Pennsylvania

Financing By

Discount

Dollar General

Listing Price: $632,250

Cap Rate
7.75%
Tenant Name
Dollar General
Years Remaining On Lease
5.1
Guarantor
Corporate Guarantee
Rentable SF
8,000
Lease Type
Double Net
Rent Per Square Feet
$6.12

Investment Highlights

  • Dollar General Location Build-to-Suit in 2014 | 8,000-SF on a Large +/-2.37-AC Parcel | New 10-Year Double Net (NN) Lease with 10 Percent Rental Increases in Each of Three, Five-Year Option Terms
  • Minimal Landlord Responsibilities | Landlord is Responsible for Roof, Structure and Parking Lot | 29 Parking Spaces With Landscaped Exterior | Corporately Guaranteed Lease
  • Corner Location with Easy Access from All Traffic Directions and Two Points of Ingress and Egress | Boasts High Visibility Along the Main Road Through Downtown Hooversville
  • 12 Miles From US-219 and 13 Miles From Interstate 76/Pennsylvania Turnpike, a Major Toll Road Through the State Connecting Pittsburgh to Philadelphia
  • 15 Miles From Johnstown, PA The Largest City in Cambria County
  • 30 Miles From Seven Springs Mountain Resort, an All Season Ski, Golf and Outdoor Sports Resort Owned by Vail Resorts, Seeing Over 1 Million Annual Visitors | 75 Miles From Downtown Pittsburgh
  • Dollar General is an Investment Grade Tenant (S&P Rating: BBB) | DG Plus Format Offers Expanded Products, Refrigerated and Frozen Food Offerings, Dairy Products and More
  • Fiscal 2024 Net Sales Increased 5.0% to $40.6 Billion, Primarily Driven by Positive Sales From New Stores and Growth in Same-Store Sales | In 2025, Dollar General Plans to Open Approximately 575 New Stores and to Remodel 2,000 Stores

Investment Overview

We're pleased to present the offering for Dollar General in Hooversville, Pennsylvania.

Broker of Record

  • Timothy B. Stephenson Jr.

    Regional Manager

    (215) 531-7000

    License(s): PA: RMR006104

    Pennsylvania

Financing By

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