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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Andrew Fallon
Executive Managing Director

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  • 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

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11268 US Route 422
Elderton, PA

Leigh ClineDollar General