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1821 7th ave 9,100 SF Retail Building Beaver Falls, PA 15010 $1,392,553 ($153.03/SF) 7.50% Cap Rate
Executive Summary
NNN Dollar General investment opportunity featuring a single-tenant property occupied by Dolgen Corporation (Dollar General). The property is located at a corner location with masonry panel exterior finish and represents a rare Dollar General infill location. The tenant has approximately 4+ years remaining on the lease term with 3 five-year renewal options. This is an absolute NNN lease with the tenant responsible for all property expenses including roof, structure, HVAC, CAM, parking, property taxes (reimburses), utilities, and insurance. Dollar General operates 19,643 locations nationwide and is a publicly traded company headquartered in Goodlettsville, TN with $37.885 billion in revenue (2023) and 170,000 employees.
Property Facts Under Contract
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
B
Year Built
2015
Price
$1,392,553
Price Per SF
$153.03
Cap Rate
7.50%
NOI
$104,441
Tenancy
Single
Building Height
1 Story
Building FAR
0.32
Lot Size
0.66 AC
Opportunity Zone
Yes
Parking
25 Spaces (2.75 Spaces per 1,000 SF Leased)
Frontage
71’ on 19th St
Amenities
- Bus Line
- Corner Lot
- Pylon Sign
- Security System
- Signage
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 06-001-0402.000 | Improvements Assessment | $556,050 |
| Land Assessment | $26,150 | Total Assessment | $582,200 |
Property Taxes
Parcel Number
06-001-0402.000
Land Assessment
$26,150
Improvements Assessment
$556,050
Total Assessment
$582,200
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1821 7th ave