Property Details

Dollar General

Hermitage, PA
Property ID: 8142

Financial Summary

Asking Price $1,590,000
Cap Rate 6.50%
Net Operating Income (NOI) $103,284
Lease Type NNN
Lease Term Remaining 13.5 Years
The Offering Memorandum for this property is no longer available.

Contact

Andrew Fallon
Executive Managing Director
703.787.4733

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Highlights

  • 13+ years remaining on primary lease term
  • 10% structured rent increases every 5 years in the option periods
  • Absolute NNN lease terms
  • New 2016 construction
  • Investment grade credit (S&P: BBB)
  • Upgraded masonry brick on front elevation & upgraded masonry block on sides of building, as well as upgraded landscaping
  • Population of 10K within 3 miles, 40K within 5 miles

Net Lease Advisor

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

Location

6125 E State St
Hermitage, PA

Traci BidingerDollar General