500 5th St - Freestanding FOR SALE
New Brighton, PA 15066 |
$1,348,387 USD
214-692-2289
500 5th St
New Brighton, PA 15066
HIGHLIGHTS
- Long Term Lease – Over 9.25 years remaining on the primary lease including Two, 5-year options with 10% rental increases at the start of each option
- Limited Landlord Responsibilities – NN+ lease with landlord responsibilities limited to roof, structure, & lot replacement.
- Corporate Guarantee – Lease is backed by Dollar General Corporation, a well-established and financially strong national retailer, reducing credit risk
- Strong Location – Located in a high density market with high barriers to entry on a hard, signalized corner with strong visibility.
- Pittsburgh, PA MSA – Located in the Greater Pittsburgh, PA MSA, this property has over 150,000 residents in a 10-mile radius
- Dollar General has an investment grade credit rating of BBB (S&P).
FOR SALE DETAILS
PRICE
$1,348,387 USD
PRICE/SF
$716 USD /SF
CAP RATE
7.75%
% 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
2019
SPRINKLERS
-
PARKING SPACES
50
LAND DETAILS
LAND ACRES
0.37 AC
LAND SF
16,117 SF
ZONING
Commercial
APN/PARCEL ID
41-002-0100.000
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214-692-2289
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214-692-2289
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