134 Path Valley Rd - Freestanding FOR SALE


Fort Loudon, PA 17224
$1,113,000 USD
717-554-4881
134 Path Valley Rd, Fort Loudon, PA for Sale
$1,113,000 USD
Freestanding - FOR SALE
1/6
null | 7.75% Cap Rate

134 Path Valley Rd
Fort Loudon, PA 17224


HIGHLIGHTS

  • High Foot Traffic: 181,900 visits in the last 12 months, a 39.5% increase from 2021
  • Prime Location: Just 1 mile from US-30 and near major highways I-76 and I-81
  • Strong Lease Terms: NNN Lease extended to November 30th, 2030, with a 4.7% rent increase on December 1st, 2025
  • Rising Rents: Rents have increased by 2.4% over the past year, now averaging $13.70/SF
  • Ample Parking: 27 surface parking spaces and 273 feet of frontage on Path Valley Road

OVERVIEW

Scope Commercial Real Estate Investment Services is pleased to exclusively present for sale the Dollar General at 154 Path Valley Road, Fort Loudan, PA. This local Dollar General serves as a staple store for locals to shop for every day. According to Placer.ai, the subject property has had 181,900 visits over the last 12 months, a 39.5% increase from 126,900 visits in 2021. Of the 181,900 visits, 87,300 visitors visited over 30 times in the last year. Additionally, Placer.ai ranks the subject property in the Top 5 Dollar Generals within 15 miles, placing it in the 60th percentile. The property features a Gross Leasable Area (GLA) of 9,226 square feet and was built to suit in 2010 in the downtown area of Fort Loudan, PA. It offers 27 surface parking spaces, providing a parking ratio of 2.93 spaces per 1,000 square feet. The property has 273 feet of frontage on Path Valley Road and sits on a 1.14-acre lot. The lease is a NNN with the landlord responsible for the roof, structure, and capital expenditures, and reimbursed for common area maintenance. The lease was extended early by 5 years in February of 2023, with a new expiration date of November 30th, 2030, leaving 7 years and 1 months of term remaining. There will be a built-in rent increase of 4.7% on December 1st, 2025. Traffic counts in the area are as follows: Path Valley Rd/Mullen St at 2,800 vehicles per day, Main St/Mill St at 700 vehicles per day, Lincoln Way W/Rosenberry Dr at 5,800 vehicles per day, and Rosenberry Drive/Rosenberry Dr at 5,400 vehicles per day. Fort Loudon, PA, is approximately 14 miles from Chambersburg, PA, where most large retailers are located such as, Giant, Target, Staples, Five Below, Kohls, Walmart, Lowe’s, Chick-Fil-A, and Chipotle. The subject property is conveniently situated near major highways, making travel easy and accessible. Just 1 mile from US-30 with a combined VDP of 6,051, providing a direct route to Chambersburg and other nearby towns. Additionally, I-76 and I-81 are about 20 miles south and 15 miles east respectively, connecting Fort Loudan to Harrisburg, Pittsburgh, and Hagerstown Maryland. This strategic location ensures that residents and visitors can enjoy the charm of a small town while having quick access to major roadways. Fort Loudon, PA, is a small community in Franklin County known for its historical significance and proximity to major highways. The town has a population of 6,681 within 5 miles, and 23,375 within 10 miles. The average household income is $73,935 within 5 miles and $81,227 within 10 miles. The Chambersburg-Waynesboro retail market is showing resilience, with a current vacancy rate of 8.0%, slightly down from last year. General retail buildings have a notably low vacancy rate of 1.6%, indicating strong demand for these properties. Rents have increased by 2.4% over the past year, now averaging $13.70 per square foot, reflecting a healthy market trend. Sales activity remains steady, with 9 transactions totaling $5.2 million in the past year. The lack of new construction reduces competition, enhancing the value of existing properties. The total market inventory stands at 7.3 million square feet.

FOR SALE DETAILS

PRICE

$1,113,000 USD

PRICE/SF

$121 USD /SF

CAP RATE

7.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Storefront, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

27

LAND DETAILS

LAND ACRES

1.14 AC

LAND SF

49,663 SF

ZONING

C

APN/PARCEL ID

18-0K04-160-000000

ASK ABOUT THIS PROPERTY

Craig DunkleScope Commercial Real Estate Services, LLCMore Info
717-554-4881

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Craig DunkleScope Commercial Real Estate Services, LLCMore Info
717-554-4881

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.