2520 Sr 29 S
Tunkhannock, PA 18657
Dollar General · Retail Property For Sale

Marcus & Millichap is pleased to present the exclusive listing for a Dollar General located at 2520 State Road 29 South in Noxen, Pennsylvania. Built in 2016, the property consists of 9,100 square feet of building space and is situated on a 1.50-acre parcel. This investment is subject to an absolute triple net (NNN) lease and has roughly 15 years remaining on an original 15-year lease. This is a corporate location and is guaranteed by Dollar General corporate (NYSE: DG), which has an investment grade credit rating (S&P BBB, Stable). The base rent is $108,500 and is subject to 10 percent (10%) rental escalations in each tenant renewal option. Tenant shall be entitled to extend the term of the Lease for two (2) successive periods of five (5) years each and one (1) successive period of four (4) years and eleven (11) months. This Dollar General property is located at 2520 State Road 29 South in Noxen, Pennsylvania. Noxen is a township located in Wyoming County, Pennsylvania. Tunkhannock borders Noxen, and is 31 miles northwest of Wilkes-Barre. Many residents are employed by the Procter & Gamble plant in nearby Washington Township. This Dollar General property has approximately 5,092 people residing within a five-mile radius of the property and over 40,697 people residing within a ten-mile radius. The subject property benefits from its position on Pennsylvania State Route 29, the main thoroughfare to Noxen.