Property Details

Dollar General

Elderton, PA
Property ID: 11038

Financial Summary

Asking Price $1,671,045
Cap Rate 6.70%
Net Operating Income (NOI) $111,960
Lease Type NNN
Lease Term Remaining 13+ Years
Increases 10% Every 5 Years in Options

Offering Memorandum

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Contact

Andrew Fallon
Executive Managing Director
703.787.4733

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Highlights

  • New 2017 construction
  • 13+ years remaining on primary lease term
  • Absolute NNN lease – no landlord responsibilities
  • 10% structured rent increases every 5 years in the option periods
  • Investment grade tenant (S&P: BBB)
  • Average HH income of $73,174 within 3 miles
  • Almost 9,000 vehicles pass the site per day
  • 12 miles from Indiana University of PA
  • View why Dollar General is a popular net lease asset

Net Lease Advisor

For more information on this tenant, including averages, overview and credit ratings, visit NetLeaseAdvisor.com.

Location

11268 US Route 422
Elderton, PA

Leigh ClineDollar General