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Dollar General - Natrona Heights 3582 Saxonburg Rd

9,100 SF Retail Building Natrona Heights, PA 15065 £1,527,129 (£168/SF) 6.50% Net Initial Yield

Investment Highlights

  • 5% Rent Increases Every 5 yrs in Initial Term

Executive Summary

5% Rent Increases Every 5 yrs
34,000+ Population within 5 miles
15-yr Absolute NNN Lease
Zero Landlord Responsibilities
Rent commenced November 7, 2023
3-Five Year Options
Corporate Guaranteed by Dollar General Corporation
Investment grade rated BBB by Standard and Poor’s
9,221 Average Daily Traffic count

Property Facts

Sale Type
Investment NNN
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Storefront
Building Size
9,100 SF
Building Class
B
Year Built
2023
Price
£1,527,129
Price Per SF
£168
Net Initial Yield
6.50%
NOI
£99,263
Tenancy
Single
Number of Floors
1
Building FAR
0.15
Land Acres
1.37 AC
Zoning
Commercial
Frontage
237 ft on Millerstown Freeport Exd

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Dollar General
  • -
  • -
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
Dollar General - - - -
  • Listing ID: 30519526

  • Date on Market: 03/01/2024

  • Last Updated:

  • Address: 3582 Saxonburg Rd, Natrona Heights, PA 15065

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