5709 6th Ave - Freestanding FOR SALE


Altoona, PA 16602
$2,107,230 USD
412-225-7518
5709 6th Ave, Altoona, PA for Sale
$2,107,230 USD
Freestanding - FOR SALE
1/1
null | 6.5% Cap Rate

5709 6th Ave
Altoona, PA 16602


HIGHLIGHTS

  • 5% Rent Increases Every 5 yrs in Initial Term

OVERVIEW

5% Rent Increases Every 5 yrs in Initial Term Upgraded façade 30,024 Population within 3 miles 15-yr Absolute NNN Lease Zero Landlord Responsibilities Rent commenced October 2023 3-Five Year Options Corporate Guaranteed by Dollar General Corporation Investment grade rated BBB by Standard and Poor’s 11,500+ Daily Traffic Count

FOR SALE DETAILS

PRICE

$2,107,230 USD

PRICE/SF

$232 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General - Altoona, PA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.68 AC

LAND SF

29,705 SF

ZONING

C

APN/PARCEL ID

01-02132240,01-02132270,01-02132330,01-02132360

ASK ABOUT THIS PROPERTY

Brendan EisenbrandtPennTex VenturesMore Info
412-225-7518

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Brendan EisenbrandtPennTex VenturesMore Info
412-225-7518

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