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Dollar General - McKeesport, PA 1555 Washington Blvd 10,566 SF Retail Building Mckeesport, PA 15133 $1,907,965 ($180.58/SF) 6.75% Cap Rate
INVESTMENT HIGHLIGHTS
- 132,000 population within 5 miles
- 5% Rent Increases Every 5 yrs in Initial Term
EXECUTIVE SUMMARY
5% Rent Increases Every 5 yrs in Initial Term
131,000+ Population within 5 miles
15-yr Absolute NNN Lease
Zero Landlord Responsibilities
Rent commenced May 9, 2023
3-Five Year Options
Corporate Guaranteed by Dollar General Corporation
Investment grade rated BBB by Standard and Poor’s
3,657 Average Daily Traffic count
131,000+ Population within 5 miles
15-yr Absolute NNN Lease
Zero Landlord Responsibilities
Rent commenced May 9, 2023
3-Five Year Options
Corporate Guaranteed by Dollar General Corporation
Investment grade rated BBB by Standard and Poor’s
3,657 Average Daily Traffic count
PROPERTY FACTS
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
10,566 SF
Building Class
B
Year Built
2023
Price
$1,907,965
Price Per SF
$180.58
Cap Rate
6.75%
NOI
$128,788
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
0.93 AC
Zoning
Commercial
Frontage
145’ on Washington Blvd
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Dollar General
- Retailer
- 10,566 SF
- -
- Triple Net
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Dollar General | Retailer | 10,566 SF | - | Triple Net | - |
PROPERTY TAXES
| Parcel Number | 0466-E-00093-0000-00 | Improvements Assessment | $630,500 |
| Land Assessment | $279,000 | Total Assessment | $909,500 |
PROPERTY TAXES
Parcel Number
0466-E-00093-0000-00
Land Assessment
$279,000
Improvements Assessment
$630,500
Total Assessment
$909,500
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Dollar General - McKeesport, PA | 1555 Washington Blvd
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