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Dollar General | | Pittsburgh MSA | New 10-Year Lease

474 N Gallatin Ave, Uniontown, PA 15401

Listing Price: $771,000

Cap Rate
6.50%
Tenant Name
Dollar General
Years Remaining On Lease
9.3
Gross SF
8,880
Guarantor
Corporate Guarantee
Rentable SF
8,880
Price/Gross SF
$86.82
Lease Type
Double Net
Rent Per Square Feet
$5.64

Investment Overview

Dollar General with Over Nine Years Remaining on Recently Extended Lease

Investment Highlights

  • Dollar General with Over Nine Years Remaining on Recently Extended Lease
  • Low Rent in Place at $5.64/SF | Low Sale Price of $86.82/SF
  • Operating Successfully at this Location for Over Twenty Years | Tenant Has Renewed Their Lease Multiple Times
  • Two, 5-Year Renewal Options | 21.5% Increase in First Option | 10% Increase in Second Option
  • Uniontown is 40 Miles Southeast from Pittsburgh, PA
  • Includes .25 Acres of Additional Land with Potential for Future Development
  • Dollar General Currently Planning an Exterior LED Lighting Retrofit at Their Own Expense
  • Parking Lot Completely Resurfaced in 2018

Broker of Record

  • Sean Beuche

    Regional Manager

    (215) 531-7000

    License(s) PA: RM424190

    Pennsylvania

Financing By

Discount

Dollar General | | Pittsburgh MSA | New 10-Year Lease

Listing Price: $771,000

Cap Rate
6.50%
Tenant Name
Dollar General
Years Remaining On Lease
9.3
Gross SF
8,880
Guarantor
Corporate Guarantee
Rentable SF
8,880
Price/Gross SF
$86.82
Lease Type
Double Net
Rent Per Square Feet
$5.64

Investment Highlights

  • Dollar General with Over Nine Years Remaining on Recently Extended Lease
  • Low Rent in Place at $5.64/SF | Low Sale Price of $86.82/SF
  • Operating Successfully at this Location for Over Twenty Years | Tenant Has Renewed Their Lease Multiple Times
  • Two, 5-Year Renewal Options | 21.5% Increase in First Option | 10% Increase in Second Option
  • Uniontown is 40 Miles Southeast from Pittsburgh, PA
  • Includes .25 Acres of Additional Land with Potential for Future Development
  • Dollar General Currently Planning an Exterior LED Lighting Retrofit at Their Own Expense
  • Parking Lot Completely Resurfaced in 2018

Investment Overview

Dollar General with Over Nine Years Remaining on Recently Extended Lease

Broker of Record

  • Sean Beuche

    Regional Manager

    (215) 531-7000

    License(s): PA: RM424190

    Pennsylvania

Financing By

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