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Dollar General Market - Butler, PA 833 Pittsburgh Rd

12,688 SF Retail Building Butler, PA 16002 £1,837,964 (£145/SF) 6.50% Net Initial Yield

Investment Highlights

  • Dollar General Market
  • 5% Rent Increases Every 5 yrs in Initial Term

Executive Summary

5% Rent Increases Every 5yrs
15-yr Absolute NNN Lease
Zero Landlord Responsibilities
Rent commenced May 8, 2024
3-Five Year Options
Corporate Guaranteed by Dollar General Corporation
Investment grade rated BBB by Standard and Poor’s
24,400+ Population within 5 miles
26,358 Average Daily Traffic count

Attachments

Butler PA DG OM

Property Facts Under Contract

Sale Type
Investment NNN
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,688 SF
Building Class
B
Year Built
2024
Price
£1,837,964
Price Per SF
£145
Net Initial Yield
6.50%
NOI
£119,468
Tenancy
Single
Number of Floors
1
Building FAR
0.09
Lot Size
3.17 AC
Zoning
C - Commercial
Frontage
667 ft on SR-8 Pittsburgh Rd

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Dollar General
  • Retailer
  • 12,688 SF
  • -
  • NNN
  • May 2039
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Dollar General Retailer 12,688 SF - NNN May 2039
1 of 1

PROPERTY TAXES

Parcel Number 230-S4-4G-0000 Improvements Assessment £0
Land Assessment £3,477 Total Assessment £3,477

PROPERTY TAXES

Parcel Number
230-S4-4G-0000
Land Assessment
£3,477
Improvements Assessment
£0
Total Assessment
£3,477
(412) 225-7518

Contact

  • Listing ID: 32972696

  • Date on Market: 27/08/2024

  • Last Updated:

  • Address: 833 Pittsburgh Rd, Butler, PA 16002

The Retail Property at 833 Pittsburgh Rd, Butler, PA 16002 is currently available for sale. Contact PennTex Ventures for more information.

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© 2024 CoStar Group

Dollar General Market - Butler, PA | 833 Pittsburgh Rd
(412) 225-7518 x

Dollar General Market - Butler, PA | 833 Pittsburgh Rd

Brendan Eisenbrandt

(412) 225-7518

(412) 225-7518

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