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Dollar General 3137 State Route 18 9,100 SF Retail Building Wampum, PA 16157 $1,350,000 ($148.35/SF) 7.66% Cap Rate
INVESTMENT HIGHLIGHTS
- New 2020 Construction
- Modified NNN Lease – Tenant is responsible for taxes, insurance, and maintenance of all non-structural elements, offering a very passive investment.
- Located on Main Thoroughfare – The subject property is located on State Route-18 that services travel from New Castle to Pittsburg, PA.
- Limited Competition – There is no other dollar store in the submarket of Wampum nor the neighboring Chewton.
- Climbing Fortune 100 Company
- Pittsburg MSA is located within an hour’s drive of Wampum. Pittsburg is the 27th largest MSA in the country with a population of 2.3 Million.
EXECUTIVE SUMMARY
Broker of Record
Kyle Matthews
License No. RB068831 (PA)
Kyle Matthews
License No. RB068831 (PA)
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
B
Year Built
2020
Price
$1,350,000
Price Per SF
$148.35
Cap Rate
7.66%
NOI
$103,350
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.84 AC
PROPERTY TAXES
| Parcel Number | 21-005701 | Improvements Assessment | $1,053,100 |
| Land Assessment | $54,100 | Total Assessment | $1,107,200 |
PROPERTY TAXES
Parcel Number
21-005701
Land Assessment
$54,100
Improvements Assessment
$1,053,100
Total Assessment
$1,107,200
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Dollar General | 3137 State Route 18
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