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Dollar General 13 Years I Near 1,500 Students

11640 Edinboro Rd, Edinboro, PA 16412

Listing Price: $1,550,000

Cap Rate
7.09%
Tenant Name
Dollar General
Years Remaining On Lease
13.0
Gross SF
10,640
Guarantor
Corporate Guarantee
Rentable SF
10,640
Price/Gross SF
$145.68
Lease Type
Absolute Net
Rent Per Square Feet
$10.33

Investment Overview

Features a 13 Year Absolute NNN Lease, Offering Investors a True Hands-Off, Management-Free Investment, Ideal for 1031 Exchange Buyers Seeking Stable, Predictable Income

Investment Highlights

  • Recently Constructed, w/ Visibility --- Constructed in 2023 and Ideally Positioned Along High-Traffic Edinboro Road, Benefiting from Excellent Visibility and Exposure to 6,150+ Vehicles Per Day
  • Prime Location Near 1,500 Students --- Situated Across From General McLane High School and James W. Parker Middle School, Serving a Combined Enrollment of Approximately 1,500 Students
  • Passive Investment w/ 13 Years --- Features a 13 Year Absolute NNN Lease, Offering Investors a True Hands-Off, Management-Free Investment, Ideal for 1031 Exchange Buyers Seeking Stable, Predictable In
  • Strong Market Minutes from Erie, PA --- Conveniently Located Just 9 Miles from Erie Pennsylvania's 5th Largest City with a Population Exceeding 92,000, and Part of the 270,000 Person Erie MSA
  • Affluent Surrounding Demographics --- Located within a High-Income Trade Area, with Average Household Incomes exceeding $120,000 within 1-Mile and a Population of More Than 16,000 within a 10-Mile Radius

Broker of Record

  • Timothy B. Stephenson Jr.

    Regional Manager

    (215) 531-7000

    License(s) PA: RMR006104

    Pennsylvania

Financing By

Discount

Dollar General 13 Years I Near 1,500 Students

Listing Price: $1,550,000

Cap Rate
7.09%
Tenant Name
Dollar General
Years Remaining On Lease
13.0
Gross SF
10,640
Guarantor
Corporate Guarantee
Rentable SF
10,640
Price/Gross SF
$145.68
Lease Type
Absolute Net
Rent Per Square Feet
$10.33

Investment Highlights

  • Recently Constructed, w/ Visibility --- Constructed in 2023 and Ideally Positioned Along High-Traffic Edinboro Road, Benefiting from Excellent Visibility and Exposure to 6,150+ Vehicles Per Day
  • Prime Location Near 1,500 Students --- Situated Across From General McLane High School and James W. Parker Middle School, Serving a Combined Enrollment of Approximately 1,500 Students
  • Passive Investment w/ 13 Years --- Features a 13 Year Absolute NNN Lease, Offering Investors a True Hands-Off, Management-Free Investment, Ideal for 1031 Exchange Buyers Seeking Stable, Predictable In
  • Strong Market Minutes from Erie, PA --- Conveniently Located Just 9 Miles from Erie Pennsylvania's 5th Largest City with a Population Exceeding 92,000, and Part of the 270,000 Person Erie MSA
  • Affluent Surrounding Demographics --- Located within a High-Income Trade Area, with Average Household Incomes exceeding $120,000 within 1-Mile and a Population of More Than 16,000 within a 10-Mile Radius

Investment Overview

Features a 13 Year Absolute NNN Lease, Offering Investors a True Hands-Off, Management-Free Investment, Ideal for 1031 Exchange Buyers Seeking Stable, Predictable Income

Broker of Record

  • Timothy B. Stephenson Jr.

    Regional Manager

    (215) 531-7000

    License(s): PA: RMR006104

    Pennsylvania

Financing By

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