18536-18658 Route 287
Tioga, PA 16946
Dollar General Net Lease Investment | 8% Cap · Retail Property For Sale

This single tenant NN Dollar General in Tioga, PA is a proven location, serving a community that has no grocery stores or other retail alternatives. To accommodate the demand, the store maintains additional coolers in the stock area to keep up with the demand of common grocery items. It is surrounded by the local elementary, high school and other employers in the immediate area which are traffic generators for this busy location. This is also one of the main traffic arteries for the busy recreational tourism provided by the three nearby U.S. Army Corp of Engineers lakes. This attractive 8,125 SF store, built in 2004, features a unique architectural design. The well-maintained property has had many upgrades, including resealing and re-striping the parking lot in 2018. The lease was recently extended to run through June 2024. Dollar General contributes $1,200 per month towards CAM, taxes and insurance. There is one 5-year renewal option with a $250 per month rent increase and the monthly CAM payment increases to $1,300 in the option period. Dollar General is responsible for interior maintenance and exterior repairs under $1,000 per occurrence. They reimburse the Landlord for all snow removal costs.