DOLLAR GENERAL

1830 Pennsylvania Ave, West Mifflin, PA 15122
$2,060,239

Cap Rate
7.00%
Year Built
2013
Leasable Area
12,480 SF
Term Remaining
±8.90 Yrs
NOI
$144,216
Property Type
Retail

PROPERTY HIGHLIGHTS

  • Absolute NNN Lease – No Landlord Responsibilities
  • ±8.90 Years Remaining and Three, 5-Year Option Periods
  • Dollar General recently extended their Base Lease Term for Five (5) Additional Years showing their strong commitment to this location!
  • 10% Rent Increases in Each Option Period
  • Average Household Income in a 5-Mile Radius is $84,965
  • ±153,973 People within a 5-Mile Radius of the Property
  • ±714,134 People within a 10-Mile Radius of the Property
  • ±11-Mile Drive from Downtown Pittsburgh
  • 12,480 SF Large Format Store to Serve the Dense Surrounding Population

TENANT HIGHLIGHTS

  • Dollar General boasts an investment grade credit rating of BBB (S&P).
  • Dollar General has ±19,600 locations and plans to continue their expansion for the foreseeable future.
  • Dollar General has been considered an essential retailer and has proven to be one of the most profitable companies through the COVID-19 pandemic.
  • Dollar General has a market cap of ±$30 billion

Broker of Record

  • Kyle Matthews
  • License No. RB068831 (PA)
  • (866) 889-0550
  • Matthews Real Estate Investment Services, Inc
  • 1600 West End,
    Ste. 1500 Nashville, TN 37203