2535 Milford Rd
East Stroudsburg, PA 18301
Dollar General · Retail Property For Sale

Marcus & Millichap is pleased to present the exclusive listing for a Dollar General located at 2535 Milford Road in East Stroudsburg, Pennsylvania. Built in 2016, the property consists of 9,026 square feet of building space and is situated on a 1.86-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 $105,000 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 2535 Milford Road in East Stroudsburg, Pennsylvania. East Stroudsburg is a borough in Monroe County, Pennsylvania. It is located in the Poconos region of the state. East Stroudsburg is the largest municipality in the East Stroudsburg, Pennsylvania Metropolitan Statistical Area. This Dollar General property has approximately 40,904 people residing within a five-mile radius of the property and over 96,142 people residing within a ten-mile radius. The subject property benefits from its position on Milford Road, which has an average daily traffic count of 12,274 vehicles. The subject property is also situated near the entrance/exit ramp for U.S. Interstate 80, which has an average daily traffic count of 71,658 vehicles.