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Brand New Construction Dollar General w/ Strong Demos | 15Yr Absolute Net Lease | Greater Pittsburgh

2155 Conway Wallrose Rd, Freedom (Greater Pittsburgh), PA 15042

Listing Price: $2,418,172

Cap Rate
5.15%
Tenant Name
Dollar General
Years Remaining On Lease
15.0
Gross SF
9,100
Guarantor
Corporate Guarantee
Rentable SF
9,100
Price/Gross SF
$265.73
Lease Type
Absolute Net
Rent Per Square Feet
$13.69

Investment Overview

Freedom is a borough in Beaver County, Pennsylvania, located along the Ohio River 25 miles northwest of Pittsburgh. In the early years of the twentieth century, chief industries included the production of oil, caskets, and monuments. Today, Freedom is considered a northern suburb of Greater Pittsburgh. The Greater Pittsburgh Region is a populous region in the United States which is named for its largest city and economic center, Pittsburgh, Pennsylvania. There are several official and unofficial boundary definitions which may be used to describe this region. In the most restrictive definition, the region encompasses Pittsburgh’s urban core county, Allegheny, and six nearby Pennsylvania counties as defined by the U.S. Census Bureau in the Pittsburgh metropolitan area. It is part of the Great Lakes Megalopolis.

Investment Highlights

  • 15-Year Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases at Each Option. Brand New 2021 Construction.
  • Ranked #112 on the Fortune 500 List. Dollar General (NYSE: DG) Features Investment Grade Credit Rating "BBB" by S&P's and Annual Revenue Exceeding $33.74 Billion.
  • Features Easy Access and Excellent Visibility. Positioned Along the City's Main Road with Daily Traffic Counts Exceeding 6k Vehicles.
  • Well Above Average Demographics for any Dollar General: Features an Average Household Income of $96k+ and more than 57k People Residing within a 5-Mile Radius.

Broker of Record

  • Sean Beuche

    Regional Manager

    (215) 531-7000

    License(s) PA: RM424190

    Pennsylvania

Discount

Brand New Construction Dollar General w/ Strong Demos | 15Yr Absolute Net Lease | Greater Pittsburgh

Listing Price: $2,418,172

Cap Rate
5.15%
Tenant Name
Dollar General
Years Remaining On Lease
15.0
Gross SF
9,100
Guarantor
Corporate Guarantee
Rentable SF
9,100
Price/Gross SF
$265.73
Lease Type
Absolute Net
Rent Per Square Feet
$13.69

Investment Highlights

  • 15-Year Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases at Each Option. Brand New 2021 Construction.
  • Ranked #112 on the Fortune 500 List. Dollar General (NYSE: DG) Features Investment Grade Credit Rating "BBB" by S&P's and Annual Revenue Exceeding $33.74 Billion.
  • Features Easy Access and Excellent Visibility. Positioned Along the City's Main Road with Daily Traffic Counts Exceeding 6k Vehicles.
  • Well Above Average Demographics for any Dollar General: Features an Average Household Income of $96k+ and more than 57k People Residing within a 5-Mile Radius.

Investment Overview

Freedom is a borough in Beaver County, Pennsylvania, located along the Ohio River 25 miles northwest of Pittsburgh. In the early years of the twentieth century, chief industries included the production of oil, caskets, and monuments. Today, Freedom is considered a northern suburb of Greater Pittsburgh. The Greater Pittsburgh Region is a populous region in the United States which is named for its largest city and economic center, Pittsburgh, Pennsylvania. There are several official and unofficial boundary definitions which may be used to describe this region. In the most restrictive definition, the region encompasses Pittsburgh’s urban core county, Allegheny, and six nearby Pennsylvania counties as defined by the U.S. Census Bureau in the Pittsburgh metropolitan area. It is part of the Great Lakes Megalopolis.

Broker of Record

  • Sean Beuche

    Regional Manager

    (215) 531-7000

    License(s): PA: RM424190

    Pennsylvania

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