Property Details

Dollar General

Prospect, PA
Property ID: 6942

Financial Summary

Asking Price $1,567,360
Cap Rate 6.80%
Net Operating Income (NOI) $106,580
Lease Type NNN
Lease Term Remaining 12 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

  • Long term absolute NNN lease with 10% rent increases in the three option periods
  • 2-acre land parcel
  • Investment grade credit S&P: BBB
  • Population of 76,000 within a 10 mile radius
  • Average HH income of $72,855 within a 1 mile radius
  • Traffic counts of 19,397 VPD
  • Located off Benjamin Franklin Hwy (New Castle Rd) next to First National Bank

Location

1053 New Castle Road
Prospect, PA

Leigh ClineDollar General