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Dollar General

1714 Laketon Road, Wilkinsburg, PA 15221

$821,052

9,598 SF | Retail

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Retail Property For Sale

Price:
$821,052
Building Size:
9,598 SF
Price/SF:
$85.54
Property Type:
Retail
Property Sub-type:
Free Standing Bldg
Property Use Type:
Net Lease Investment with
7 years left on lease
Cap Rate:
9.50%
Occupancy:
100%
Tenancy:
Single
Lot Size:
0.70 AC
Listing ID
18647474
Last Updated
8 days ago

Find Out More...

Description

We are pleased to present this single- tenant net-leased Dollar General located in Wilkinsburg, Pennsylvania. The subject property was retrofitted for Dollar General in September 2010. Dollar General has a corporately guaranteed lease in place that expires on 9/30/2020. The tenant has three five-year options to extend with rent increasing by $5,000 at each option.

The subject property is located at the three-way junction of Laketon Road, Montier Street and Robinson Boulevard in Wilkinsburg, Pennsylvania. Wilkinsburg is located within the Pittsburgh MSA and is just minutes from downtown Pittsburgh. This particular site benefits from excellent demographics with nearly 300,000 residents within a five-mile radius and an average household income of over $60,000.

Financial Summary

  • Actual
  • $78,000

Map of 1714 Laketon Road, Wilkinsburg, PA 15221 (Allegheny County)

Research for 1714 Laketon Road, Wilkinsburg, PA 15221 (Allegheny County)

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Asking Price Index Trends for Wilkinsburg, PA Retail For Sale

  Sep 14 vs. 3 mo.
prior
Y-O-Y
-
State
$108+1.3%+2.6%
-
Metro
$115+7.2%+23.0%
-
County
$120+8.2%+10.8%

View Wilkinsburg Market Trends for other property types for sale or lease. Learn more about the chart info.

Dollar General
  • Retail
  • $821,052
  • 9,598 SF