3137 State Route 18 - Freestanding FOR SALE
Wampum, PA 16157 |
$1,476,000 USD
562-257-1231
3137 State Route 18
Wampum, PA 16157
HIGHLIGHTS
- Assumable loan with attractive terms: 3.99% rate until February 2031 with an outstanding balance of $958,420 (as of January 2024)
- 2020 Construction Dollar General on a NNN lease with 12 years of base term remaining, 3 5-year options, and 10% rent increases at each option
- Located along a state route in a rural area with limited retail competition | traffic volume in front of the property exceeds 4,800 vehicles per day
- Wampum is located along the Beaver River in the growing Pittsburgh-New Castle-Weirton CSA
- Great acquisition opportunity for an investor looking for a net lease asset guaranteed by an investment-grade tenant
FOR SALE DETAILS
PRICE
$1,476,000 USD
PRICE/SF
$162 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dollar General
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2020
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.84 AC
LAND SF
80,150 SF
ZONING
C
APN/PARCEL ID
21-005701
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562-257-1231
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562-257-1231
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