Dollar General | Indiana, PA | 435 S 7th St
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Dollar General | Indiana, PA 435 S 7th St
14,285 SF Retail Building Indiana, PA 15701 £1,783,096 (£125/SF) 7.20% Net Initial Yield
Executive Summary
*OPPORTUNITY ZONE*
*TOP 2% OF DG's NATIONALLY IN SITE VISITS*
DG MARKET
New Dunkin Donuts under construction next door
Rent commenced October 27, 2022
Initial term extended thru 8/31/2039
15-yr NNN Lease
3-Five Year Options
Corporate Guaranteed by Dollar General Corporation
Investment grade rated BBB by Standard and Poor’s
21,000+ Population within 2 miles
9,536 Average Daily Traffic count
Adjacent to Indiana University of PA
*TOP 2% OF DG's NATIONALLY IN SITE VISITS*
DG MARKET
New Dunkin Donuts under construction next door
Rent commenced October 27, 2022
Initial term extended thru 8/31/2039
15-yr NNN Lease
3-Five Year Options
Corporate Guaranteed by Dollar General Corporation
Investment grade rated BBB by Standard and Poor’s
21,000+ Population within 2 miles
9,536 Average Daily Traffic count
Adjacent to Indiana University of PA
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
14,285 SF
Building Class
B
Year Built/Renovated
2006/2022
Price
£1,783,096
Price Per SF
£125
Net Initial Yield
7.20%
NOI
£128,383
Tenancy
Single
Number of Floors
1
Building FAR
0.25
Lot Size
1.30 AC
Opportunity Zone
Yes
Zoning
C-2 - OPPORTUNITY ZONE
Parking
140 Spaces (9.8 Spaces per 1,000 SF Leased)
Amenities
- Pylon Sign
- Signalised Intersection
Walk Score ®
Very Walkable (83)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 23-006-520.00 | Improvements Assessment | £683,194 |
Land Assessment | £258,489 | Total Assessment | £941,683 |
PROPERTY TAXES
Parcel Number
23-006-520.00
Land Assessment
£258,489
Improvements Assessment
£683,194
Total Assessment
£941,683
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Dollar General | Indiana, PA | 435 S 7th St
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